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Government to repeal Taxation Principles Reporting Act under urgency (www.rnz.co.nz)

submitted 10 months ago by [email protected] to c/[email protected]

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The government has announced it plans to urgently repeal legislation which would have required Inland Revenue to report on the tax system's equity, efficiency and certainty.

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[–] [email protected] 5 points 10 months ago (2 children)

If it's so urgent because the report is due. Surely it's largely been written and the resources already spent?

[–] [email protected] 8 points 10 months ago* (last edited 10 months ago)

I suspect the government doesn't want the report released.

By passing this under urgency, the report can just be thrown in the bin.

Hard evidence that ~~it~~ the tax system is fundamentally inequitable is anathema to top tier tax breaks.

[–] [email protected] 4 points 10 months ago

Surely IRD are closing this week for Christmas, so such a big report would have to be done by now.

Maybe they didn't do it because the minister told them not to bother, they'll take care of it.