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


Tax bill doubles for women

Tax bill doubles for women

Helen Clark’s 39-cent envy tax will hit 100,000 women within the next two years, a 117 percent increase since 2001, ACT Leader Rodney Hide revealed today.

Information provided to Mr Hide by Treasury shows 100,000 women will earn $60,000 by 2007, compared to 46,000 in 2001.

The number of men earning $60,000 and paying the 39-cent tax rate will increase by 76 percent during the same period, from 157,000 to 277,000.

“When Labour introduced the top tax rate of 39 cents, they said it would only affect 5 percent of the population.

“Finance Minister Michael Cullen has reaped a windfall as inflation and growth has pushed taxpayers into higher tax brackets. That windfall has been at the expense of thousands and thousands of women.

“He has broken his 5 percent promise. Now 11 percent of taxpayers are paying the 39 cents in the dollar tax rate and this is projected to increase to 12 percent by 2007/2008. But women, more than anyone else should feel betrayed,” Mr Hide said.

“Dr Cullen thinks people earning over $60,000 a year are rich! He is saying teachers, policewoman and nurses are rich.

“The average family income has been static since Labour came to power. Inflation and tax have seen to that by taking any extra income. They are earning more but what they get to keep buys exactly what it bought five years ago.

“ACT is the only party who will get ride of the 39-cent tax rate to ensure that people who have worked hard to earn more money get to keep more of it,” Mr Hide said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Corrections Corrected: Supreme Court Rules On Release Dates

Corrections has always followed the lawful rulings of the Court in its calculation of sentence release dates. On four previous occasions, the Court of Appeal had upheld Corrections’ practices in calculating pre-sentence detention. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news