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


Labour takes an extra $50 billion in tax

John Key - National Party Finance Spokesman
2 May 2005

Labour takes an extra $50 billion in tax

National’s Finance spokesman, John Key, says that since Labour was elected to office in 1999 there has been a cumulative increase in all taxes of more than $50 billion.

The information was contained in an answer from Finance Minister Michael Cullen to a written Parliamentary Question.

The $50,614,000,000 increase in the tax take includes a doubling of the company tax take, from $3.8 billion in 1999 to $7.4 billion in 2005, and a 54% increase in the personal tax take.

“The public will want to know what they got for the $50 billion. Or has it been wasted on the spending binge that Labour has been on – a huge increase in the cost of the bureaucracy, as well as things like hip-hop tours, twilight golf, bogus polytech courses, and a huge amount of other waste?

“The answer will be, of course, that we have not seen $50 billion worth of extra benefits from this government.

“No wonder a poll last week showed a rapidly increasing level of frustration by New Zealand consumers and businesses, and a growing belief that they are being over-taxed and unfairly taxed,” Mr Key says.


© 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>>


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>>


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>>


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>>


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>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news