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

 


Prime Time with Sean Plunkett: English v Parker

PRIME TIME WITH SEAN PLUNKET
9 40 FRIDAYS ON PRIME

BILL ENGLISH v DAVID PARKER
plus Jo Doolan (Ernst and Young)
Geoff Simmons (Morgan Foundation)

Tax --- can we afford cuts and how would a capital gains tax work?


Tax is now at the top of the political campaign agenda.

On Tuesday night David Cunliffe didn't know the details of his party's Capital Gains Tax which has been party policy since the last election.

Meanwhile Bill English is said to be considering announcing tax cuts next week even though the Government's Pre Election Fiscal Update last month offered only one scenario in which total tax revenue would increase over the next four years and that was dependent on a strengthening of the US economy.

But Labour is also being criticised for its plans to increase taxation to 36$ on incomes over $150,000 even though that is a 3% drop on its 2011 policy.
Tax is the big issues for the two Economic Spokespeople --- but there are also real questions about what's going to happen in the economy over the next three years.

This week global dairy trade auction prices fell by 6% to their lowest level since 2012. Fonterra has dropped its payout forecast for the current season from $7kg to $6kg for milk solids.

All of this comes with growing concerns that China's economy is starting to slow again. The Wall Street Journal reported yesterday that China's economy faced further headwinds after two measures of factory output decelerated in August, adding pressure on Beijing to stimulate growth to meet the nation's annual target.The results disclosed on Monday follow weaker investment, real estate and retail data in recent weeks. How valid then are Treasury forecasts showing unemployment falling over the enxt foru years.

Plainly this could have implications for Treasury forecasts of falling unemployment over the enxt foru years.

With Mr English and Mr Parker will be Ernst and Young Tax Partner and leader of the company' s China Business Group, JO DOOLAN and Morgan Foundation economist, GEOFF SIMMONS.THIS IS A UNIQUE CHANCE TO HEAR FROM THE MAIN PLAYERS AND REAl EXPERTS ON THE BIGGEST ISSUES FOR THIS CAMPAIGN.


DON'T FORGET TO GO TO OUR WEBSITES --- WWW.PRIMETV.CO.NZ ANDWWW.FRONTPAGE.CO.NZ for video of the show --- and the FrontPage site also has transcripts.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Govt’s Token Plans For Cyber-Security

Basically, the world is divided into two types of people: those who think the Panama Papers illustrate the bad shit that some people do, and those who think the Panama Papers illustrate what needs to be done to make sure no-one else discovers the shit – good or bad – that they’re doing. More>>

ALSO:

Gordon Campbell: On Pharmac’s Grudging Concession To Reality

Is this any way to run a health system… whereby terminally ill patients are forced into public demonstrations before the government (and its funding agency Pharmac) will grudgingly provide the money for life-saving treatments freely available and publically funded in Australia for the best part of a year? More>>

ALSO:

Labour: Healthy Homes Bill Passes First Reading

Some of New Zealand’s most vulnerable children and families are on their way towards safer living conditions with the passing of the first reading of the Healthy Homes Guarantee Bill in Parliament last night, Leader of the Opposition Andrew Little says. More>>

ALSO:

Werewolf Satire: Home, And A Way

The one thing even more popular than an Auckland house is offering advice on how to afford an Auckland house. So, on the grounds it can’t be worse than some of the stuff that’s out there, here’s my three cents* worth. [*Up 50% since 2013!] More>>

ALSO:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news