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

 


NZ taxes rise faster than others in the OECD


NZ taxes rise faster than others in the OECD

"The OECD's latest Taxing Wages Publication shows the tax rate faced by the average single New Zealand worker has now increased at the fastest rate of any developed OECD country for two years running," says National Party Deputy Finance spokesman John Key.

The same report shows average tax rates were unchanged or falling for most countries.

"Michael Cullen should stop gloating about New Zealand's relatively low national average tax rate by international standards. That was the achievement of a previous National Government.

"The reality is that after sharp falls in tax rates during the 1990s under the National Government, average tax rates for those on salaries and wages have increased significantly under the present Government.

"As a result, New Zealand's average tax rate ranking against other countries has deteriorated.

"Information provided by Michael Cullen's office shows Labour's new taxes have collected $2,600 on average from every household - most struggling families could make good use of that.

"National is absolutely committed to reducing tax. "Our top priorities are tax relief for low-to-middle income families and a cut in corporate tax rates to boost business investment. Gradual reductions in the higher personal tax rates will follow as the fiscal situation permits," says Mr Key.

© 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