As I said previously Grant Robertson knows as much about finance as Jacinda Ardern does about child rearing.
After slamming the government over tax cuts in his next breath he announces Labour will fight the election proposing tax increases.
Labour is planning to announce tax increases before the next election to help fund its spending plans but will leave the detailed work until it is in government.
Their spending promises are shaping up to be massive. Billions upon billions, and the only way they can fund that is by stiffing us with tax increases.
In a pre-Budget speech to a business breakfast on Monday, Labour finance spokesman Grant Robertson said a Tax Working Group would be set up after the election to develop ways to correct the imbalances between the productive and speculative parts of the economy.
“While we want a comprehensive review there will be some interim steps that we will announce before the election … to ensure that we have the revenue to address pressing issues, particularly in health, education and housing,” he said.
“I think it’s only fair to New Zealand we go to the next election with some sense of the direction of our tax policy. We want the Tax Working Group to do the detailed work but I think it’s only fair for New Zealanders that they see the path we are on.