google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 National’s plan for New Zealand’s inflation crisis is merely tax cuts for the wealthy ~ Bharath Bulletin

Friday, July 22, 2022

National’s plan for New Zealand’s inflation crisis is merely tax cuts for the wealthy

Under Chris Luxon’s leadership, the best idea the National party can summon is welfare for the wealthiest New Zealanders

The unwelcome news that New Zealand’s inflation rate has hit a 30-year high of 7.3% has confirmed what most of us knew all too well: the country is in a cost of living crisis, where essential everyday items are becoming increasingly unaffordable.

Some, particularly the National opposition, argue that the government isn’t doing enough to halt price rises. On the face of it, that’s true enough. The recent pause on the fuel excise tax, for example, didn’t stop gas prices from rising. But hidden within that example is the chief cause of inflation – corporate super profit-making.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...

from The Guardian https://ift.tt/W6osCUr
via IFTTT
Share:

0 comments:

Post a Comment

Free Press Journal | World News

The Indian Express | World News

The Indian Express | Sports

Times of India | World News Headlines, Latest International News, World Breaking News

The Guardian | World News

Dash & Outdoor Cameras from Rexing

Search cheapest worldwide Flight/Hotel/Cruise/Car/Activities

Travel Insurance

Followers

Translate

Blog Archive

Ad Free Music

Expand Your Horizons, Buy & Read a Book

Great Offer

Health is Beautiful - Watch the Video

T P Senkumar's Interview-Video

T P Senkumar's Interview-Video
T.P.Senkumar's (Retd DGP) mass reply to Leftists on 24 News channel. Click on the image

Total Pageviews

:

Join in Amazon Prime paid membership

Join in Amazon Prime paid membership
Membership program offers special benefits including: Latest Bollywood blockbusters, thousands of movies and TV shows, Unlimited FREE 1 day and 2 days shipping, Exclusive shopping deals & selection, Ad-free music & more

TRAVEL INSURANCE

Fast track - Flat 20% OFF on all watches

Fastrack [CPS] IN