'Put up taxes on the rich to cut inflation'

Choruses

0:00

Current time: 0:00 / Total time: -8:20

-8:20

Paid episode

The full episode is only available to paid subscribers of The Kākā by Bernard Hickey

'Put up taxes on the rich to cut inflation'

Former Bank of England policymaker says Governments should be 'fiscal policy mates' for central banks by putting up taxes on the wealthiest, who benefited the most in recent years

Bernard Hickey

Jul 10, 2023

∙ Paid

A UK economist says higher income taxes on the wealthiest is the way to slow stubbornly high inflation. Photo: Lynn Grieveson / The Kākā

TL;DR: The debate this election year about taming inflation has been framed around cutting Government spending as the only way fiscal policy can and should be a ‘mate’ to the Reserve Bank in its fight to drag inflation …

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.

Choruses

The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.

Listen on