Tova podcast: David Seymour gives clues about tax cuts in May’s Budget

Thursday, 14 March 2024

Tova asks David Seymour some policy questions - about the tax rebate for landlords, whether the Government is on track to keep its tax cut promises and how they might incorporate ACT’s tax policy into that plan.

Tova O’Brien is Stuff’s Chief Political Correspondent and host of the political podcast, Tova. Listen to the shortcast with ACT Leader David Seymour about the government’s tax cuts here. The rest of the interview will be played on the full Tova podcast.

After blowing the budget on interest deductibility and breaking the first coalition promise by watering down the landlord tax rebate, the Tova podcast asks can the Government make good on its flagship tax cuts?

ACT Party leader David Seymour was on the pod for an ideological chat about wealth, but we took the opportunity to ask him about the Government’s current policy promises.

Will it have enough money to pay for its tax cuts?

Will it be forced to delay them or borrow more to fund them - breaking promises made by the Finance Minister Nicola Willis who told Tova last year she would resign if she couldn’t deliver the cuts.

ACT Leader David Seymour on the Tova podcast this week.

Seymour also secured a promise in his coalition agreement that National would consider his flatter tax system as a means to deliver on its tax cuts, he says National’s made good on that promise but the parties are yet to decide whether they will be incorporated.

So could we see fewer income tax brackets revealed in May’s Budget alongside the actual detail - finally - of the tax cuts proper.

To hear all that - and whether Seymour promises not to break any more coalition promises - listen to the shortcast interview here.