National's electorally competitive tax policy

One thing that can certainly be said for the tax policy the National party announced today: it’s electorally competitive.Opponents will search for and may yet find a “fiscal hole” or miscalculation but, as a package, it is a carefully calibrated appeal to the middle-income voter.And by committing itself to this package before the Sept 12 release of the pre-election economic and fiscal update (PREFU), which will doubtless deliver a sobering dose of red ink to the outlook for the government accounts, it is locking in these promi...