Sharon Zollner: ANZ chief economist says removing tax from fuel and basic foods might not be the way to go

An economist says removing tax from fuel and basic foods to combat rising costs might not be the way to go.
The AA is warning petrol could hit $4 a litre, while Stats NZ figures show food prices in February were up 6.8 per cent from the same time last year.
ANZ chief economist Sharon Zollner told Mike Hosking simplicity is a hallmark of our tax system, but making it apply to some foods and not others gets you down a rabbit hole.
She says while fuel is expensive the tax from it is important.
“For some very important infrastructure projects, which I think everyone would agree need, although everyone, of course, disagrees on what the priority should be.”
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