The Finance Minister has promised Kiwis will benefit from meaningful tax cuts in this year's Budget.
Nicola Willis gave a preview speech to the Hutt Valley Business Chamber this morning - and ruled out austerity, despite a challenging economy.
Willis says she's made sure the cuts will be targeted at middle to lower income workers and families.
"We've come up with what we think is responsible. As I outlined today - inflation has pushed New Zealanders into much higher tax brackets. That means, on average, people are paying a lot more tax."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.