Kiwi households will be $1750 a year worse off on average because of the taxes being piled on by the Labour-led Government, Leader of the Opposition Simon Bridges says.
“This Government has increased fuel taxes three times since it came into power, it’s added on a regional fuel tax in Auckland, introduced ring fencing of losses, an Amazon Tax, GST on overseas roaming, extended the bright-line test, increased Worksafe levies and cancelled tax relief.
“When you add all of these taxes together and take into consideration the cancelled tax relief, Kiwi families are looking at $7000 out of their pockets over four years. That does nothing to increase the wellbeing of an average family.
“The economy is continuing to weaken because of this Government’s poor policy decisions. The cost of living is increasing, rents are up an average of $50 a week, petrol and electricity are increasing.
“New Zealanders can’t afford this Government.
“You can’t trust Labour when it comes to tax. National will index tax thresholds to the cost of living and will not introduce any new taxes in our first term. National believes New Zealanders should keep more of what they earn.”