The Finance Minister was wrong to tell Parliament that the In-Work Tax Credit doesn’t discriminate against some of our poorest children.
On Wednesday Green Co-Leader Metiria Turei launched the Green Party’s plan to bring 100,000 children out of poverty within three years. John Key poured cold water on both the Working for Families and minimum wage proposals contained in the package. But he is wrong on both counts.
Russel Norman is right to criticise the TWG for its main recommendation of aligning top personal tax rates with a corporate tax rate of 30% as creating a chasm of social inequality between the richest and poorest in New Zealand and for its shyness on taxing capital gain. But the TWG’s suggestion of reintroducing a universal child benefit deserves serious consideration.