this post was submitted on 06 May 2024

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OECD warns NZ Govt it shouldn’t borrow to pay for tax cuts (www.nzherald.co.nz)

submitted 4 months ago by BalpeenHammer@lemmy.nz to c/politics@lemmy.nz

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Who is going to listen?

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[–] absGeekNZ@lemmy.nz 2 points 4 months ago (1 children)

I'm not sure if National will end up borrowing to fund tax cuts, or will they just gut public services to achieve the cuts, then need to borrow later to fund things that need to get done.

[–] BalpeenHammer@lemmy.nz 1 points 4 months ago

They will do both. They are already gutting public services and it's not enough savings. They are going to need to borrow in order to give landlords tax cuts.