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Luxon Teases New Taxes Ahead | Wellington News
Prime Minister Christopher Luxon is hinting at a bold fiscal strategy if re-elected, proposing the return of the fuel excise tax and a new accommodation levy—alongside a possible bank tax—to fund infrastructure and tackle debt. He insists these won’t be new taxes on working people, excluding capital gains, wealth, or land taxes, though he admits those could eventually trickle down. While the current government paused fuel hikes due to global prices, Luxon says they’ll eventually rise over his potential three-year term. The accommodation levy, already piloted in Auckland, targets tourist-heavy…
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