Labour and National’s finance spokespeople were fishing for a “gotcha” in this evening’s finance debate, hosted by The Post in Wellington.
Labour’s Grant Robertson, armed with a copy of National’s tax plan, tried to trap Nicola Willis with an obvious inconsistency.
National has been arguing that people would be hit by its foreign buyers’ tax depending on their tax residency, which would make the policy compliant with New Zealand’s international tax treaties.
However, National’s tax plan twice mentioned visa residency as the determining factor - something quite different to tax residency. Nowhere does it mention tax residency.
Willis could not quite explain that away, whilst Robertson held aloft her plan.
But Willis herself had an inconsistency. Robertson has frequently bashed the idea of taking GST off things like fruit and vegetables - a policy Labour is now running on. Robertson’s criticism often focused on the fact retailers would not pass on GST savings to consumers.
He often explains his “road to Damascus” conversion by noting that the new Grocery Commissioner will be able to enforce the pass-through of the cut.
But Willis noted that the creation of a Grocery Commissioner was first announced last year, while Robertson was still publicly criticising the GST off fruit and vegetables policy as recently as March of this year.