More than half of voters in New Zealand believe that now is the right time for tax cuts, according to a recent poll. The poll, conducted by 1News Kan
More than half of voters in New Zealand believe that now is the right time for tax cuts, according to a recent poll. The poll, conducted by 1News Kantar Public, asked eligible voters about their opinion on introducing tax cuts in the country. Of the 1002 respondents, 52% said it was the right time, 35% disagreed, and the rest chose not to answer. While the Labour Party showed no interest in tax cuts at their annual congress, the National Party leader and finance spokesperson expressed support for tax cuts, stating that it would allow individuals to keep more of their hard-earned money and help with the cost of living. On the other hand, Prime Minister Chris Hipkins cautioned that tax cuts could potentially lead to higher inflation and negatively impact those struggling with the cost of living crisis. The question of tax cuts raises concerns about balancing government spending, inflation, and the overall impact on the economy.
