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# Faces of the Day
- URL: https://goodoil.news/faces-of-the-day-54/
- Published: 2020-11-09T17:30:00.000Z
- Updated: 2020-11-10T19:34:57.000Z
- Author: Good Oil Staff
- Tags: Economy, Featured, NZ, NZ Politics, Politics, #wp, #wp-post, #Import 2024-07-17 02:38

The Government’s income tax changes will be legislated before Christmas and will come into force on **April 1** next year.

Labour campaigned on creating a new tax bracket for income earned over $180,000\. The party proposed to [tax income earned above $180,000 at 39 per cent](https://www.stuff.co.nz/national/politics/300102796/election-2020-labour-to-bring-back-top-39-per-cent-income-tax-rate?ref=goodoil.news).

[**Read the full article here.** ](https://www.stuff.co.nz/national/politics/300154220/tax-changes-legislated-by-christmas-as-government-plots-path-to-surplus?ref=goodoil.news)Comment on it on *The BFD.*

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The BFD. Cartoon credit SonovaMin

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The BFD. Cartoon credit SonovaMin

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The BFD. Cartoon credit SonovaMin

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The BFD. Photoshopped image credit Boondecker

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The BFD. Pictured: Grant Robertson and Stuart Nash avoid eye contact with the Debt Monster outside today’s policy announcement

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The BFD. Cartoon credit SonovaMin

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The BFD. Photoshopped image credit Pixy

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The BFD. Cartoon credit SonovaMIn