National's tax plan is to cut benefits to give money to landlords. That's bad enough, but it gets worse when you look at how many people are affected. On the one hand, we have 170,000-odd people on jobseeker benefits, who will face reduced living standards. And on the other, we have 300 mega-landlords, who will get a million dollars each:
New analysis released exclusively to Newshub shows a group of 300 landlords are set to become tax-cut millionaires under National's tax plan.National's grand plan is to steal from the poor to give to the ultra-rich. It is that simple. And that's their basic philosophy of government: rob. Steal. Redistribute upwards, so the mega-landlords and deca-millionaires who used to run airlines get everything. As for the rest of us, the other 99.9%, we're just marks to be robbed and driven into poverty so they and their friends get rich.[...]
In 2021, data showed there were 346 landlords who owned at least 200 properties each. The CTU analysis shows those landlords are in for an average tax cut of $1.3m each over five years - the total going to that group: $464m.
"There is no benefit to giving millions of dollars to already wealthy landlords and taking it from disabled people, single mums and others who desperately need every dollar they can get," said CTU economist Craig Renney.
Obviously, unless you're a multi-millionaire, don't vote for them or their allies on Saturday.
