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.

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

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

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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

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

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