National says the Government needs to front up on whether it'll tax people more.

Inland Revenue research shows the top one percent of earners pay a median effective tax rate of 9.4 percent, when including capital gains on investments.

Meanwhile, Treasury estimates a comparable tax rate for a "middle wealth" Kiwi is roughly 20 percent.

National Party Finance Spokesperson Nicola Willis told Kate Hawkesby there's no doubt Labour want more taxes.

“This is a government that is spending $1 billion more every week, they can’t get the books to add up, they are desperately searching for more places to find money.”

LISTEN ABOVE

National says the Government needs to front up on whether it'll tax people more.
Inland Revenue research shows the top one percent of earners pay a median effective tax rate of 9.4 percent, when including capital gains on investments.
Meanwhile, Treasury estimates a comparable tax rate for a "middle wealth" Kiwi is roughly 20 percent.
National Party Finance Spokesperson Nicola Willis told Kate Hawkesby there's no doubt Labour want more taxes.
“This is a government that is spending $1 billion more every week, they can’t get the books to add up, they are desperately searching for more places to find money.”
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.