National Library of New Zealand
Harvested by the National Library of New Zealand on: Aug 27 2009 at 8:42:23 GMT
Search boxes and external links may not function. Having trouble viewing this page? Click here
Close Minimize Help
Wayback Machine

Tax Cuts? Must Be Election Year

Posted on 07 Feb 2008

ACT Leader Rodney Hide today said that it was heartening to see that the upcoming election has helped Finance Minister Dr Michael Cullen to overcome his ideological opposition to tax cuts and enabled him to actually begin talking about them.

"This is great news for New Zealanders because - especially given that, in the nine years it has had to cut taxes, Labour has done nothing but put them up," Mr Hide said.

"The first tax that Dr Cullen should cut is the 39 percent tax rate - an increase that was never necessary to begin with.  The fact is that this envy tax serves no purpose, raises money the Government doesn't need and simply serves to punish people trying to get ahead for being successful.

The only real way to get tax cuts is to bring Government spending under control.  To date, ACT - with its Taxpayer Rights Bill - is the only Party in Parliament with an actual plan for holding Government spending," Mr Hide said.

ENDS

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <small> <sub> <sup> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <br /> <p> <div> <span> <b> <i> <center> <centre>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.
  • You may use [view:viewname] tags to display listings of nodes.

More information about formatting options

Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.