Simon Bridges introduced a members bill in 2021 (defeated by Labour) that would have seen indexation every 3 years. Bill English proposed lifting the bottom two thresholds in the 2017 Budget and IIRC intended to index if returned to power in the 2017 election. Its not a new concept just one that doesnt suit the party that represents the worker (sic)
Good on Simon. BE was votebuying. What about as per Newshub article today "National has disappointingly significantly watered down its previous pledges to adjust tax brackets to account for inflation since Labour took office in 2017"
Yes, its not a new concept, and we do embrace it, every other blue moon
It doesnt suit any party as its free revenue, so they all hold off, then when pressured, its an election promise