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The Green Party has unveiled its election tax policy, which it claims will lift every New Zealand family out of poverty by guaranteeing Kiwis’ incomes never fall below $385 per week.
The ‘Income Guarantee’ will cost about $11b and includes a tax-free theeshold of $10,000, further adjustments to tax rates resulting in anyone earning under $125,000 receiving a tax cut, a replacement to the Jobseeker benefit and Working For Families, and payments to all tertiary students.To pay for it, the Greens are proposing a wealth tax […]
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