Parliament

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

 

Anderton a Threat to NZ's Prosperity

Anderton a Threat to NZ's Prosperity

Tuesday, September 11 2001
Richard Prebble Press Releases -- Taxation


'You can't have your golden eggs unless you're prepared to eat the chooks that laid them.' That's what Jim Anderton is effectively saying in proposing to raise the top tax rate to 47 percent, ACT leader Richard Prebble said today.

"Mr Anderton's claim that New Zealand can put up taxes to pay for more social services, without fuelling the brain drain, shows he's economically illiterate and remains a threat to the country's prosperity", Mr Prebble said.

"We can all remember his election-night call for New Zealanders to come home and we all know the result of the Coalition's policies, driven in large part by Mr Anderton's agenda ' a huge exodus of skilled people overseas.

"At the Knowledge Wave Conference not one overseas expert recommended raising taxes. Yet Mr Anderton knows better.

"He ignores the work of international economists such as Patrick Caragata and Gerald Scully who've shown that New Zealand is already over-taxed and that lowering taxes stimulates economic growth.

"The only good thing about Jim Anderton's demands is that they will help make tax an election issue next year. Reducing taxes is not hard, but does require addressing the problem of one in three adults being dependent on welfare.

"Only ACT is proposing to deal with these problems. In contrast, the Coalition believes we can only 'afford' to have one in three adults on welfare if we raise taxes. Is that what we want to 'afford'?

"I'm looking forward to the next election campaign", Mr Prebble said.

ENDS

For more information visit ACT online at http://www.act.org.nz or contact the ACT Parliamentary Office at act@parliament.govt.nz.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Davos World Economic Forum: Ardern Upbeat Despite Absences

The prime minister will soon wrap up her first day at the World Economic Forum in Davos, which is notable for who is there as much as who isn't.

Domestic political crises have kept a number of world leaders at home including US President Donald Trump, British Prime Minister Theresa May and French President Emmanuel Macron. More>>

 

Gordon Campbell: On Why Shipping Is NZ’s New Trade Problem

So Jacinda Ardern and Theresa May have signed a piece of paper promising peace in our time when it comes to our trade with Britain... Brexit is not the only concern. More>>

ALSO:

Reshuffle: National Announces Spokesperson For Drug Reform

National Leader Simon Bridges has appointed Paula Bennett to the new position of Spokesperson for Drug Reform as the Government pushes ahead with its agenda of drug decriminalisation, to signal National’s commitment to holding them to account. More>>

ALSO:

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday]. More>>

ALSO:

Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels