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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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.
LISTEN ABOVE

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8477e20e-9f80-4991-892d-b42d008254e7/transcript