Parliament

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

 

Huge surplus shows Labour has gouged taxpayers

John Key MP
National Party Finance Spokesman

11 October 2006

Huge surplus shows Labour has gouged taxpayers

The greedy Labour-led Government should apologise for gouging New Zealand taxpayers following the announcement of an enormous $11.5 billion surplus, says National Party Finance spokesman John Key.

"New Zealand is now running the second biggest surplus in the developed world. Only Norway runs a bigger surplus.

"This huge surplus shows that every man, woman and child has been overtaxed to the tune of $2,875 each.

"The surplus also confirms yet again that a programme of tax cuts are affordable. National has consistently argued for a programme of measured and affordable tax cuts. Our view hasn't changed.

"The figure also makes a mockery of Michael Cullen's hysterical, scaremongering claims leading up to the election. In fact, today's announcement shows that Dr Cullen grossly misled the public during the election campaign.

"Who are the public going to believe at the next election - a Labour Government which has run nine years of huge surpluses and which miraculously finds an appetite for tax cuts just before an election, or an incoming National Government that's committed to ongoing tax reductions to improve our competitiveness?

"The public will see Labour's cynical move for what it is - too little, too late.

"What Dr Cullen is saying is that it's more important to him as Minister of Finance to sit on a great pile of money. But where's the sense of fairness and equity in that?

"Michael Cullen and Helen Clark should apologise to the public for this blatant gouging of taxpayers."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>

 

Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>

ALSO:

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election