NZ Who took more in tax in their last term: Labour or National?
Tax has taken 28.3% of the economy under Luxon's National government, and took 28.0% under Ardern and Hipkins' Labour government.
Updated
Labour under Ardern and Hipkins: 28.0% on average (2017/18 to 2022/23). National under Luxon: 28.3% (2023/24 to 2024/25). By budgets passed, excluding 2023/24: 27.9% under Luxon's National government.
Tax take rises with wages and prices even when tax rates don't change.
The first National budget followed Labour's final budget. tax take rises with wages and prices even when rates do not change.
Source: The Treasury (New Zealand).
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