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

 


National's tax cuts with strings attached

National's tax cuts with strings attached

Rodney Hide
Wednesday, 6 July 2005
Press Releases - Taxation

ACT Leader Rodney Hide today said that National’s childcare tax rebate policy was a backward step for New Zealand.

“What New Zealand needs is comprehensive tax cuts without strings attached, so hardworking Kiwis can make up their own minds how they spend their money without having National or Labour telling them how to do it,” Mr Hide said.

“National’s policy is a total abandonment by the party of any principle of sound tax design and the philosophy that hardworking Kiwis should keep more of the money they earn with no strings attached.

“The trouble with National’s policy is that it complicates New Zealand’s tax system. It only lets you keep more of your money if you send your children to daycare, and it discriminates against mothers who stay at home and look after their children.

“The best policy for parents is ACT’s tax policy of dropping the top tax rate to 25c in the dollar and extending the 15c rate up to $38,000. That will allow parents to afford childcare if that is their choice, or to spend their money looking after their children as best they see fit.

“Previous governments have worked hard to simplify and flatten taxes by eliminating tax rebates. Now National wants to return to them. What’s next? Tax rebates for paying off student loans or saving for retirement.

“Don Brash knows that the best tax policy is flatter taxes with no tax rebates, so Kiwis get to keep more of their own money and get to choose how to spend it as best they see fit. He's having to compromise his policy principles before he’s even got into office.

“Even Michael Cullen realises that tax rebates are a dopey idea. It’s clear that National, even with Don Brash, needs ACT to keep its policies on track,” Mr Hide said.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

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:

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>>

ALSO:

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>>

ALSO:

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>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news