Podcasts Other The Mike Hosking Breakfast Grant Robertson: Finance Minister believes Chris Luxon is confused about National's tax plan, foreign buyer revenue

Grant Robertson: Finance Minister believes Chris Luxon is confused about National's tax plan, foreign buyer revenue

Published: Aug. 30, 2023, 9:02 p.m.

Grant Robertson believes Chris Luxon is confused about his own tax plan.\xa0

National's policy would lift income tax brackets to compensate for inflation and expand tax credits.\xa0 \xa0

It promises to pay for the plan with about $8.4 billion worth of cuts and $6.2 billion of revenue increases, including taxing foreign buyers, which it thinks will bring in about $700 million.\xa0

Finance Minister Grant Robertson told Mike Hosking he relies on that happening every year.\xa0

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