National's carbon dividend not a carbon dividend say critics

National's finance spokeswoman, Nicola Willis, released details of her party's tax policy on Wednesday. (Image: Getty)

Wed, 30 Aug 2023

The National party’s decision to use revenue from the emissions trading scheme (ETS) to fund its $14.6 billion tax relief package has been described as a wasted opportunity and a raid on the climate budget. Christopher Luxon and Nicola Willis announced their long-awaited tax policy on Wednesday, including lifting income tax thresholds to compensate for inflation, expanding tax credits and introducing a childcare tax credit.The cost of the package, which also included measures like returning interest deductibility for rental propertie...

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