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Liberty Belle

Liberty Belle

Yesterday we had the Budget foisted upon us. Remember Labour’s 1999 ‘Pledge Card’? It included the words, “there will be no new taxes”. And what have we seen – Labour’s Roll of Dishonour:

Income tax increased from 33% to 39% for those earning more than $60,000.

Fringe benefit tax up from 49% to 64%.

Trust income tax up from 19.5% to 33%.

Resident withholding tax – deduction rate on interest from either 19.5% or 33% to 39%.

Tobacco tax – increase in the average cost of a packet of cigarettes from $7.20 to $8.20.

Petrol tax up 4.7c plus GST.

Import fee - $18 on all imported commercial goods for goods with a GST liability of more than $50.

Petrol – ACC levy increased from 2.3c to 5.08c per litre.

Alcohol – so-called ‘sherry tax’ – increasing cost from $21 to $38 a litre for beverages with 14-23% alcohol content.

ACC levies – farmers have faced a 74% hike in their ACC levies in the past three years.

ACC motor vehicle levies – motorbike levy up by 57%.

Birth, death and marriage certificate fees increased by 42.9%.

Driver licence renewal fees increased from $29.50 to $44.30.

Fire service levy, household levy increased by 17.70% and increase in motorists’ levy of 17.7% collected by insurance companies.

Fishing licence fee increase of 10%.

Cattle slaughtering levy increased up to 50% per head of slaughtered cattle.

Export education levy – a $185 charge to institutions per foreign fee-paying student plus 0.45% of their tuition and course fees.

Fund withdrawal tax – 5% tax on withdrawals of employer contributions to superannuation schemes for those earning above $60,000.

Border Security Bill - $20 million on importers and exporters for a service deemed public good.

Car ownership rego increased 14%.

Fuel excise and road user charges pegged to inflation, but no reduction on amount of taxes siphoned into the consolidated fund.

New levies on non-petrol driven vehicles increased from $176.10 to $221.31.

Increase in fuel excise levy of 5c per litre, and an equivalent rise in road user charges for light diesel vehicles.

Kyoto fund – extra 1c per unit on electricity.

Kyoto fund – extra 4c per litre on fuel.

30% increase in road-user charges for diesel vehicles.

This is your money. You are being robbed.

Yours in liberty,

Deborah Coddington.

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