Some hope for Tax Working Group

Stuff reports:

GST could fall if the Tax Working Group recommends new environmental taxes, its chairman Sir Michael Cullen has suggested.

The working group is considering changes to the tax system that could apply after the 2020 election.

Although the group will consider a variety of possible new taxes, Cullen has maintained its focus will be on changing the balance of taxation rather than increasing it.

This is somewhat encouraging. If the TWG does propose any new taxes, it should recommend other taxes are reduced in order to make any changes revenue neutral.