1 week Ago By Thomas Coughlan
THREE KEY FACTS The Government is phasing-in full interest deductions for landlords, allowing them to reduce their tax bills. It will cost $2.9 billion in lost revenue .
Labour is currently debating its tax policy for the next election. Its leader, Chris Hipkins said he believes spending will need to rise to cater for a growing population. National said it would get rid of the 39% top tax threshold, but got rid of the policy after the economy worsened.
Thomas Coughlan is deputy political editor and covers politics from Parliament. He has worked for the Herald since 2021 and has worked in the Press Gallery since 2018. OPINION You’re probably aware the Government gave tax cuts to landlords .
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