Greens would lower debt faster than Labour

Mon, 18 Sep 2017

By Pattrick Smellie Sept. 18 (BusinessDesk) - The Green Party would reduce net Crown debt more quickly than the Labour Party and would continue to run Budget surpluses over the next four years, if it were the government, according to a costed fiscal plan released by the party's leader, James Shaw. The costings are highly reliant on high-income earners not dodging a new top tax rate of 40 percent on income over $150,000, no drop-off in sales of investment property after introduction of a capital gains tax, and social welfare beneficiaries...

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