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New Zealand Defies Slow Economy
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New Zealand's Finance Minister plans to unveil tax cuts despite a sluggish economy impacting government revenue. The tax relief, set to be revealed in May and effective from July 1, will revolve around adjusting income thresholds for higher tax brackets.
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How might these tax cuts impact consumer spending in New Zealand?
In what ways could these tax adjustments influence New Zealand's economic recovery post-COVID?
What strategies could the government employ to mitigate the revenue loss from tax cuts?
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