Labour's promise of GST off fruit and veg - what would be covered, what would not
Labour's promise of GST off fruit and veg - what would be covered, what would not
One of Labour's big election promises is to take the 15 percent GST off fresh and frozen fruit and vegetables from April 2024, if re-elected. Here's what it would cover.
I think this is an excellent policy, and a long time coming. This is done overseas with good effect. While I don't think it's a magic bullet, it is definitely a step in the right direction.
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This has been discussed and debated for years, and the point we keep coming back to is that our GST scheme is so cost effective to administer precisely because it doesn't have many exemptions.
There are far better, more cost effective ways to help people than this, adjusting tax brackets for inflation would be an ideal start. Funding food banks and lunches in schools would be another.
Introduce another tax bracket already!
Admittedly that's tricky with most excess money not actually being earned but reinvested, maybe I'm advocating for a CGT (thanks for wholeheartedly trashing that idea, Jacinda!)
Doing the easy stuff so they can avoid the hard stuff really sums up Labour, doesn't it?
Kinda, but I get why she avoided the issue entirely...
It sounds really be left to us so that we can argue it out amongst ourselves though (rather than being tied to a party). I'm being naiive here, but a bit like the medical marijuana (hopefully without the disinformation!).
Because she categorically said "never, not on my watch" it means it's never going to come up (unless national has a stroke)
I mean, I would too, but then again I'm probably not prime minister material.