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

 


Poll shows NZ supports levy for Christchurch - Greens

Poll shows NZ supports levy for Christchurch

A new poll shows strong support for a temporary levy to pay for Christchurch earthquake recovery, the Green Party announced today.

A nationwide phone survey has revealed resounding support for a levy on income greater than $48,000 and a preference for the temporary levy ahead of deep spending cuts and/or more borrowing.

"New Zealanders clearly want to do the right thing and we know a temporary levy is smart economics, so the Government's refusal to consider it looks more and more foolish," said Green Party Co-leader Russel Norman.

"John Key has shown in the past he's willing to listen New Zealand, hopefully this poll, on top of the advice of several economic commentators, will shift his thinking."

The poll conducted by UMR Research showed total support for the temporary levy proposal at 57%. New Zealanders also preferred a levy (40%) to big Government cuts (29%) and to more borrowing (22%).

"New Zealanders have a great deal of compassion for Canterbury. They've been incredibly generous in giving to charities and they understand that we have an enormous bill to pay through central Government. They're prepared to shoulder a temporary tax even at a time when household budgets are tight," Dr Norman said.

"They also understand the economics and support a fiscally responsible approach. Kiwis get that more debt is very bad for the country and deep spending cuts will be catastrophic."

The Green Party estimates that a levy of 1.5% applied to income between $48,001 and $70000 and 3.0% on income above $70,000, while leaving the corporate tax rate unchanged at 30%, would raise $1.026 billion per annum. People earning $50,000 a year would pay an additional 58 cents per week. People earning $70,000 per year would pay an additional $6.33 per week. People on $100,000 would pay an additional $23.59 per week

The Government has put the costs of rebuilding in Christchurch at approximately $5 billion, but has ruled out a temporary levy in favour of deep spending cuts and more borrowing.

"Borrowing carries a big risk of a credit rating downgrade, which would add significant deadweight costs right across the economy," Dr Norman noted.

"The other part of the Government's approach is to cut public sector spending at a time of weak economic activity, which carries the risk of sending the economy back into recession.

"A temporary levy avoids these risks, as it spreads the cost of rebuilding Christchurch fairly throughout the economy," said Dr Norman.

Increased Government borrowing would also cost taxpayers over $250 million a year in additional interest costs, according to Green Party estimates.

The new poll, conducted March 24-27, surveyed a nationally representative sample of 750 New Zealanders over the age of 18.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Salvation Army On Homelessness: Hard Times In West Auckland

The report details an uncomfortable story of people whose only option is to live an unhealthy, dangerous and damaging street life... The social housing needed by these people is not currently available in sufficient quantity. More social housing is required in the West. More>>

ALSO:

Message For PM: NZ Supports Te Reo Māori – You Should Too

As Māori Language Week celebrations and commemoration of 40 years draws to an end, the Māori Language Commission, Te Taura Whiri i te Reo Māori, is once again hugely encouraged by the widespread support for Māori language from throughout the country ... More>>

ALSO:

Arming Police: Frontline Police To Routinely Carry Tasers

"In making the decision, the Police executive has considered almost five years worth of 'use of force' data… It consistently shows that the Taser is one of the least injury-causing tactical options available when compared with other options, with a subject injury rate of just over one per cent for all deployments." More>>

ALSO:

Gordon Campbell: On D-Day For Dairy At The TPP

While New Zealand may feel flattered at being called “the Saudi Arabia of milk” it would be more accurate to regard us as the suicide bombers of free trade. More>>

ALSO:

Leaked Letter: Severe Restrictions on State Owned Enterprises

Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act "on the basis of commercial considerations" and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP... More>>

ALSO:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
More RSS  RSS News AlertsNews Alerts
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news