Source: Taxpayers Union
27 MARCH 2020FOR IMMEDIATE RELEASE
The New Zealand Taxpayers’ Union is joining calls for the Government to suspend its KiwiSaver subsidy during the economic fallout of COVID-19.New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says, “Surely the Government has greater priorities right now than helping Kiwis invest in the stock market? $800 million would go a long way to increasing capacity in frontline health services.””Alternatively, many households threatened with job losses would appreciate having their $512 annual KiwiSaver subsidy in hand today as an income tax rebate, to increase their financial buffer during a time of turmoil.”
