Getting real on a tax-free threshold - NZIER Insight 24

January 28, 2011
Labour's proposed tax-free threshold for the first $5,000 of wages and removing GST from fresh fruit and vegetables will cost around $1.7 billion in the first year. This is to be funded by raising the top tax rate for high income earners. From an economic perspective, these proposals would be a big step backward.
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