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National to propose new 'revenue measures' to pay for income tax cuts (www.rnz.co.nz)

submitted 1 year ago by [email protected] to c/[email protected]

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Any thoughts on what those measures may be?

God I hope they tax churches.

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[–] [email protected] 2 points 1 year ago (2 children)

@eagleeyedtiger @Ilovethebomb my money's on GST rise. Also possible, that they announce but never implement a Microsoft tax and a proceeds of crime scheme.

[–] [email protected] 1 points 1 year ago (1 children)

They did mention multiple sources of revenue, I suspect digital services will absolutely be one of them. Proceeds of crime, we already have that don't we?

I just can't see GST being popular at all.

[–] [email protected] 2 points 1 year ago

@Ilovethebomb I see it as a crap sandwich, you put the gst (actually happening but unpopular) in-between two slices of vague but popular things that never actually evenuate.

[–] [email protected] 1 points 1 year ago

Shifting from income to GST effectively means those foreign corporates pay more.