Dear John,

I’m writing to you today to expose the dangerous economic proposals being pushed by Labour and the Greens – two peas in a fiscally deluded pod.

The Greens’ “alternative” budget is nothing short of magical thinking. They, along with Labour, are hellbent on confiscating income from hardworking Kiwis and returning to the failed policies of the past: higher taxes and inflationary spending that wrecked our economy.

Here’s what they’re proposing:

Saddling future generations with $44 billion in additional debt

$88 billion in additional tax with:

Higher income tax rates
Wealth tax
Trust tax
Inheritance tax
Higher ACC levies
Higher company tax
Private jet tax
Higher mining taxes
Bringing back Labour’s broken tenant taxes

Reducing the prison population and closing military academies.

Billions of dollars for unemployment benefits, while taxing those who work hard to support their families.

Chris Hipkins and Labour need to come clean about which policies they’ll accept from the Greens in exchange for power and how they plan to drag the New Zealand economy into the ground.

The good news is, there are still adults in the room. On May 22, the National-led Government will deliver a responsible Budget – focused on:

Growing the economy
Easing the cost of living
Restoring business confidence
Securing a better future for all Kiwis

We cannot afford another term of reckless spending and higher taxes. The Labour–Greens–Te Pāti Māori coalition is a recipe for economic disaster. See more: Greens and Labour two peas in a fiscally deluded pod

Party Vote National,

Nicola Willis

National Party Spokesperson for Finance