Greens promise almost $10 billion of more taxation

Newshub reports:

The Greens say they can meet all their policy promises and still run budget surpluses.

They’ve put all their election policies together in a single document and it’s been checked out by Infometrics, an independent economic consultant.

“Infometrics has found that the Green Party will run surpluses over the next three years, slightly smaller than those outlined in the Pre-election Economic and Fiscal Update (PREFU),” the party’s fiscal plan, released on Monday, says.

I’ve had a look through their fiscal plan. Yes it balance the books – by imposing around $9.6 billion of extra taxation on New Zealand households and businesses over the next three years.

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