# Luxon Warns Greens’ Tax Plan Risks Investment

Page: https://stenobird.com/podcast/auckland-news-today-2-min-news-the-daily-news-now-7853371/luxon-warns-greens-tax-plan-risks-investment
Text version: https://stenobird.com/podcast/auckland-news-today-2-min-news-the-daily-news-now-7853371/luxon-warns-greens-tax-plan-risks-investment.md
Podcast: [Auckland News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/auckland-news-today-2-min-news-the-daily-news-now-7853371)
Published: 2026-06-22T06:33:00+00:00
Episode link: https://api.fastcast.ai/audio/7d58ab10-86bd-45c4-a0d6-9dd6a21743db.mp3
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Duration seconds: 115

## Resource

Prime Minister Christopher Luxon is blasting the Green Party’s tax plan as “economic lunacy,” warning it could scare away major Kiwi companies and deter investment. He contrasts this with National’s KiwiSaver reforms designed to boost savings for all. While Greens tout $32 billion in new revenue and tax cuts for 96% of earners, Finance Minister Nicola Willis accuses Labour of $18 billion in unfunded policies. Luxon questions whether such taxes would attract young entrepreneurs, even as he highlights positive signs: 0.8% Q1 growth and a record $2 billion trade surplus. National’s KiwiSaver proposals include automatic baby enrollments, mandatory contributions by 2032, and enhanced support for older workers and parents. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/178a0c3f35751787

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