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

 


Cullen’s Budget a sick joke

Cullen’s Budget a sick joke

Rodney Hide
Thursday, 19 May 2005
Press Releases - Taxation

ACT Leader Rodney Hide today attacked Finance Minister Michael Cullen’s election year budget as a sick joke, lacking any vision or ambition for New Zealand.

“New Zealand deserves better than this. We need a ten-year vision of how New Zealand can succeed and prosper in the world economy. Instead we get trivial tinkering and wasted opportunity.

“Michael Cullen has ripped off New Zealand workers once again.

“He could have slashed taxes to just two rates, 25% above $38,000 and 15% below that, locking in higher growth rates and securing New Zealand’s future prosperity.

“The inflation adjustments aren’t tax cuts at all. They are six years too late and don’t kick in for three years.

“Someone on the average wage will only benefit by $6 a week – in three years time – April Fools Day 2008.

“There is no tax cut for business, just a tweaking of depreciation schedules. To offset that change we have the carbon charge. The total value of this Claytons tax cut is less than $100 million in three years time – about one percent of the total company tax take.

“The Labour Government has clearly run out of ideas, energy and time. This is a do nothing budget.

“A tax cut across the board for New Zealand’s over-taxed workers has been earned, is long overdue and should have been delivered,” Mr Hide said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Post-Traynor: New Offender Info Sharing Plan

“This Bill delivers on that step-change by moving away from name-based records held by individual agencies to a shared, anchor identity based on unalterable information, such as fingerprints and facial recognition. It also gives agencies access to the drivers’ licence photo database and birth, death and marriages information." More>>

  • NZ Law Foundation - New $2M fund for research on information challenges
  • Littoral: New Ship To Deliver Enhanced Naval Capability

    Defence Minister Gerry Brownlee says the Government has approved a Ministry of Defence and New Zealand Defence Force recommendation to request tenders for a new naval ship to support littoral operations. More>>

    July:

    After King's Labour Snub: Māori Party And Kiingitanga To Work Together

    Māori Party Co-leaders Te Ururoa Flavell and Marama Fox met with Kiingitanga representatives in Wellington yesterday to discuss working together on key issues for the betterment of Māori. More>>

    ALSO:

    Waitangi Claim On Rehabilitation: The 'Justus' System For Māori Not Good Enough

    Closing statements at the Waitangi Tribunal case against Corrections called for immediate steps and a comprehensive review to address the high rate of Māori reoffending. More>>

    ALSO:

    Advice: PM Sets Rules For Ministers' Treatment Of Public Servants

    Prime Minister John Key has laid down the law about the way ministers and public servants should interact, saying ministers may not always like the advice they receive, but they must listen to it carefully, respectfully and professionally. More>>

    Gordon Campbell: On The Funding Changes In Special Needs Education, And Uber

    The plan to strip out the educational support for older “special needs” children in order to meet the existing shortfall in funding for special needs in early childhood education is so miserly and relentlessly stupid as to defy belief… More>>

    SPECIAL EDUCATION (& More):

    Online Learning Plans:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news