In 2023, the National Party campaigned hard on their cost of living packages. A large piece of this was their proposed tax cuts for the average New Zealand worker. In this video I review how the proposed tax cuts would affect New Zealanders at every income level, and discuss my views on the proposed tax changes. Kiwis have suffered from tax bracket creep for well over a decade, and while inflation and wage growth has surged, a higher and higher proportion of our incomes is absorbed by the government's tax take.
I created a calculator in Google Sheets that allows you to assess what the impact of these tax changes could mean for you. The file is locked, you can only change the yellow cell. Check it out at: [ Ссылка ]
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► 0:00 Intro
► 1:48 Tax Impact & Calculator Walkthrough
► 5:44 My View
► 7:25 Outro
Disclaimer:
I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.
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Epidemic Sound
[ Ссылка ]
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