14 Sep 2023

National's tax plan has 'enormous hole' say some economists

From Morning Report, 7:10 am on 14 September 2023

The National Party's tax plan has an enormous hole in it according to analysis by economists from both sides of the political spectrum.

Their concerns centre on the proposed foreign home buyers tax - which National is relying on to raise $740 million a year.

But using real estate data from Corelogic, the economists have calculated that revenue will fall short by some 60 to 70 percent.

Here's our deputy political editor Craig McCulloch.