Key looks to 2017 and beyond for tax cuts

Mon, 16 May 2016

By Edwin Mitson May 16 (BusinessDesk) - Prime Minister John Key used his post-cabinet media conference to indicate he was looking at reducing personal tax levels in next year's budget or he would campaign for a fourth term on a platform of tax cuts. Last week Finance Minister Bill English said there would be no tax cuts in next week's budget, with the government's focus either on paying down debt or boosting spending on health and education to deal with the needs of a rapidly growing population. Key said that record low-interest rate...

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