The tax policies of the Labour and National parties were in the spotlight during the latest televised leaders’ debate between John Key and David Cunliffe last night.
Labour's capital gains tax and National's plans for tax relief in 2017, as well as the two parties different approaches to the minimum wage, dominated the TV3 debate, which was the second to last debate in this election.
Labour leader David Cunliffe defended his party’s policy to put the minimum wage up by $2 an hour, saying many New Zealanders were struggling on low wages.
John Key countered that, saying that kind of increase would result in businesses raising prices and laying off staff.
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