Labour are trying to say that the Budget provided more for the rich than the poor. They claim poor families are only $1 better off.
Well Stuff profiled five imaginary families before the Budget and looks at what it means for each of them:
- Petrovs, solo mother of three in Hamilton – $165 a week more through WFF and Accommodation Supplement increase
- Bennetts, couple with three children in Dunedin earning $49,000 a year – $114 a week more through WFF, tax cuts and accommodation supplement
- Saxon-Mahutas, couple in Wellington earning $150,000 a year – $31 a week more through tax cuts
- Chin-Wilsons, couple in Nelson earning $115,000 a year – $31 a week more through tax cuts
- Seuseus, couple earning $78,000 a year with no kids in Papakura – $20 a week more through tax cuts
The Greens are voting for the families package because it is targeted mostly towards low and middle income households. Labour are voting against because – well just because.
Even putting aside the WFF and Accomodation Supplement changes, the tax cuts proportionally target lower income earners. Someone on $20,000 a year has their tax drop from $2,520 to $2,100 – a 17% decrease.
Someone on $100,000 a year has their tax drop from $23,920 to $22,860 – a 4% decrease.