Bagrie: Labour Party tax policy a step in the right direction, but more needed.

Publish Date
Wed, 9 Sep 2020, 6:46PM
Prime Minister Jacinda Ardern, Greens leader James Shaw and Finance Minister Grant Robertson walk to the house during Budget 2020 delivery day at Parliament. Photo / Mark Mitchell

Bagrie: Labour Party tax policy a step in the right direction, but more needed.

Publish Date
Wed, 9 Sep 2020, 6:46PM

A leading economist says Labour's tax policy is a good start, but more will be needed to get ourselves out of our Covid-19 debt. 

If elected, the party is promising a top tax rate of 39 percent on income above 180 thousand dollars - but no new tax on assets.