freitasm:
Hey, I got paid today and received my $20/week tax cut (on a monthly basis).
Unfortunately, it will all go to "updated" Wellington City rates.
Seriously, our rates went up exactly the same amount as the tax cut. Add paying for medicines, car registration and other things and our family is no better off than before.
Thanks, Luxon.
/sarcasm
I got my increase too, but sadly it will be absorbed into other costs-of-living, which - as you rightly point out above - is likely the case for a lot of other people, too.
I don't think anybody's tax cut will be going where Luxon probably hoped it would:
https://www.rnz.co.nz/news/business/523558/what-will-tax-cuts-mean-for-households
"They're small tax cuts," said Kiwibank chief economist Jarrod Kerr.
"They're not life-changing. They'll definitely help some households a little bit. I just don't feel they're going to be spent the way you might think - people running down to the retail store and buying some clothes. I think this will just be absorbed into people's budgets."