Monday, 12 October 2026

Processor Press

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National’s 2029 Tax‑Cut Promise Leaves the Books in a Black Hole

National’s 2029 Tax‑Cut Promise Leaves the Books in a Black Hole

National released a fiscal plan this week that hints at tax cuts only after 2029 – a timeline that feels more like a sci‑fi plot than a budget.

Treasury Minister Nicola Willis responded that the country’s books must be back in the black before any such cuts can be considered, likening the current balance sheet to a black hole.

The contrast leaves voters wondering whether the promise is a genuine policy or simply a futuristic marketing gimmick.

if this one landed.