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

 


Earthquake levy fair; WFF cuts perverse

3 March 2011

Earthquake levy fair; WFF cuts perverse

A small, temporary levy is the fairest way to fund the rebuilding of Christchurch, not cuts to Working for Families, the Green Party said today.

“A temporary levy on those who can most afford it is the fastest and fairest way to fund the rebuilding of Christchurch,” Green Party Co-leader Russel Norman said.

“Cuts to Working for Families in the ‘high income’ brackets won’t generate anywhere near enough money.

“What’s more, cutting from Working for Families sends the perverse message that higher income families with children should pay for the earthquake, but higher income earners without children should not.

“A targeted levy would involve small contributions from individuals earning over $48,000, and a slightly greater but still small contribution from those earning over $70,000. It would apply across the board and would generate hundreds of millions of dollars a year.

“On the other hand, cutting from the top brackets of Working for Families would target families whose combined income supports three or more children.

“Bill English himself stated in 2008 that cutting Working for Families from the highest income bracket would save only around $1.1 million per year.

“That is a tiny amount in the context of the billions needed to rebuild Christchurch.

“To generate any kind of significant savings from Working for Families, you would have to cut right down into the low- and middle-income brackets, and that would hurt families who rely on that support,” Dr Norman said.

Dr Norman said it was also important to note that an earthquake levy would be temporary, whereas cuts to Working for Families would be permanent.

“There is broad public support for a small, temporary levy and it would generate significantly more funds for the rebuild,” Dr Norman said.

“A small, temporary levy as proposed by the Green Party is by far the fairest and most economically prudent way to generate significant funds for the rebuilding of Christchurch.

“We have written to the Government offering our support for such a levy. There is a real opportunity here for cross-party support for a constructive solution, and I hope it is taken up,” Dr Norman said.

References:
How an earthquake levy could look: http://www.greens.org.nz/sites/default/files/how_an_earthquake_levy_could_look_green_party_research_1.pdf
Bill English’s comments from 2008: http://www.billenglish.co.nz/archives/326-NEWS-Giving-certainty-to-family-incomes.html

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Labour: New Figures Show Speculators Rampant

New figures released by the Reserve Bank show there’s been an explosion in mortgage lending with most of the growth going to property investors, Labour’s Housing spokesperson Phil Twyford says. More>>

ALSO:

False Official Information Response: English's Apology Accepted

Finance Minister Bill English is being thanked for his apology to New Zealand First Leader and Member of Parliament for Northland Rt Hon Winston Peters... Mr English says his staff and the Treasury have searched again, and they found the document that they denied having. More>>

ALSO:

Midwives On Pay Equity: Historic Bill Of Rights Case For High Court

“We have been left with no choice.” That from Karen Guilliland, the Chief Executive of the New Zealand College of Midwives, as the organisation prepares to file a pay parity discrimination case on the basis of gender under the NZ Bill of Rights Act in the High Court. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news