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Jenee Tibshraeny: NZ Herald Wellington business editor on the IRD saying taxes need to rise

Jenee Tibshraeny: NZ Herald Wellington business editor on the IRD saying taxes need to rise

Published 1 week, 1 day ago
Description

Inland Revenue has claimed New Zealand needs higher taxes, building off earlier arguments made by Treasury.

It sees scope to increase the goods and services tax (GST) rate - offering a cash transfer to low-income earners - and tax more capital gains.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

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