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

 


Fools Rush In ...


24 October 2001

Fools Rush In ...

United Future leader, Hon Peter Dunne, says the McLeod Committee's Final Report is a benchmark against which future tax policy should be considered.

He says political parties and commentators making precipitate statements now about the report's recommendations are doing it a disservice.

"As the first comprehensive review of the New Zealand tax system since the early 1980s, this report demands more than knee-jerk reactions."

"In particular, the report's comments on consumption taxes - GST and eco-taxes - versus direct income taxes warrant very careful study."

"The nature of the world's economy has changed dramatically in the last 20 years, and some of the traditional relationships on which the tax system has historically been based have changed forever."

"For example, resource consumption is now a much greater issue than before, and deserves proper recognition by the tax system," he says.

Mr Dunne, a former Minister of Revenue, is critical of both the Government and the Opposition for adopting instant stands on the report's findings.

"Their reactions smack of the adage about fools rushing in."

"This report does not demand the type of instant predictable reactions it has attracted from other political parties."

"It is a valuable and substantial reference document to help shape the consideration of future tax policy."

"United Future will therefore do the report the courtesy it deserves by treating it that way, rather than by responding with the glib sloganeering we have seen so far," Mr Dunne says.

Ends

UNITED FUTURE - FOCUSING ON FAMILIES Visit www.united.org.nz for more about a party that's different


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news