Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Cullen Challenged To Come Clean On Tax- ACT

Cullen Challenged To Come Clean On Tax- ACT

Thursday 27th Jan 2000

Rodney Hide Media Release -- Economy

ACT Finance spokesman Rodney Hide today challenged Minister of Revenue Michael Cullen to come clean over his proposed tax avoidance measures.

"The fact is that Dr Cullen has no anti-avoidance measures up his sleeve. He's using scare tactics in a vain attempt to overcome the failures in his tax hike legislation that were pointed out to him by tax professionals, the IRD and opposition MPs last year.

"Dr Cullen has thrown a spanner into financial planning by saying he will be introducing anti-avoidance measures this year without spelling out what they are. No one now knows what the rules are. It makes it very hard to plan for the year when the government won't spell out the rules.

"Dr Cullen has in a month now broken two major rules that make for sound tax policy. He has put an extra tax step in that drives people into financial arrangements that reduce their tax liability. And now he's introduced great uncertainty by saying there will be unspecified rule changes to overcome the complication he introduced in the first place.

"I challenge Dr Cullen to put some certainty back into financial planning by spelling out what he has planned. I don't believe he will because he can't. Dr Cullen is now the Minister of Bluster", said Rodney Hide.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>


Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election