Well there’s only been one big story this week of course – Nicola Willis’ 3rd budget. Willis is just a step away from Ruth Richardson in her attacks on the machinery of the state and the well being of the down trodden, as she attempts to “balance the books.” There were a few changes on the tax front – and a new tax/levy, much to the disgust of those who expected Willis to stick with her no new taxes policy. But the changes made, although minor from a revenue gathering point of view, were significant in their own way. Joining me to discuss those is Professor of taxation at Auckland University, Craig Eliffe: