Podcasts Other The Mike Hosking Breakfast Nicola Willis: National Finance Spokesperson says plans to cut the top tax rate may no longer be affordable

Nicola Willis: National Finance Spokesperson says plans to cut the top tax rate may no longer be affordable

Published: Nov. 23, 2022, 6:30 p.m.

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National is adjusting its tax plans, heading into next year\'s election.

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The party is reviewing its policies following the Reserve Bank\'s unprecedented OCR hike yesterday and its warning of a pending recession.

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Finance Spokesperson Nicola Willis says plans to cut the top tax rate may no longer be affordable.

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But she told Mike Hosking National still wants to index tax thresholds to inflation, and other parts of the tax policy remain on the table.

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Willis says National will continue to focus on tax reduction for the squeezed middle class.

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