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

 


ACT will scrap all gaming taxes

ACT will scrap all gaming taxes

Ken Shirley Thursday,

16 June 2005 Press Releases - Taxation

ACT MP Ken Shirley delivered good news to the New Zealand racing industry by announcing that ACT will abolish all gaming taxes.

Mr Shirley made the announcement in a speech to the Waikato Thoroughbred Breeders Association in Hamilton tonight.

“ACT recognises the importance of the racing industry to the New Zealand economy,” Mr Shirley said. “It contributes $1.5 billion a year to the economy, supports 18,300 full-time jobs and exports $130 million worth of horses.

“ACT supports the analysis of the McLeod Report, which concluded that the present levels of taxation on gaming are indefensible. The report went on to say that the current excise and duty regime couldn’t be justified on conventional tax policy grounds.

“Unlike the two tired, old parties, ACT doesn’t support sin taxes.

“We support the McLeod Report because it totally removes the anomalies and unfairness associated with gaming and racing taxation.

“The removal of gaming taxes, coupled with ACT’s low tax policy, offers far more than any other party in strengthing the racing industry.

“A Party Vote for ACT is a vote for a stronger racing industry,” Mr Shirley said.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

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:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news