Nicola Willis: National Finance Spokesperson says the Government needs to front up on whether it'll tax people more

Early Edition with Ryan Bridge · Apr 26, 2023 · 4m

National says the Government needs to front up on whether it'll tax people more.

Inland Revenue research shows the top one percent of earners pay a median effective tax rate of 9.4 percent, when including capital gains on investments.

Meanwhile, Treasury estimates a comparable tax rate for a "middle wealth" Kiwi is roughly 20 percent.

National Party Finance Spokesperson Nicola Willis told Kate Hawkesby there's no doubt Labour want more taxes.

“This is a government that is spending $1 billion more every week, they can’t get the books to add up, they are desperately searching for more places to…