Parliament

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

 

Government confirms less cash for 1.2m Kiwis

14 December 2017

Government confirms less cash for 1.2m Kiwis

The Coalition Government’s legislation today to remove the tax threshold changes from Budget 2017 will mean less money for 1.2 million working Kiwis, National Party Finance Spokesperson Steven Joyce says.

“This bill means hard-working Kiwis on the average wage will no longer receive the $1060 extra money they were due to receive from 1 April next year,” Mr Joyce says.

“It is very strange for a Government that says it wants to increase the wages of hard-working Kiwis to start by taking more than a $1000 a year off them.

Mr Joyce says the savings the Government has made by cancelling the tax changes have all gone into providing a year’s free tertiary education, which will not be targeted to those most in need.

“It is wrong to take $1060 off average wage earners to give a year free tertiary education to lawyers and accountants.”

Mr Joyce says the decision means a majority of full-time Kiwi workers will face a marginal tax rate of at least 30 cents in the dollar for every additional dollar earned.

“This is a very high rate, especially when you add in GST and the abatement rates for programmes like Working for Families and the Accommodation Supplement.

“Kiwi families quickly get into the situation of paying more than half of any extra income they get in tax.

Mr Joyce says the package as a whole is overly complicated and poorly designed.

“National’s Family Incomes package was structured to lift 50,000 children out of poverty from April 1 next year. Labour’s 88,000 is not until 2021 by which time National would have undertaken its second similar package with a similar impact.

“Labour could have achieved the same result with a much simpler package that retains the tax cuts and provides better rewards for hard work.

“This bill complicates an already far too complicated tax and benefit system.

“Kiwis already get confused about what they are entitled to. This package makes it worse.

“We need to strengthen the link between work and income so that people know they get more when they work extra hours or change for a higher-paying job.”

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Joseph Cederwall: Building a Community Newsroom

The “Scoop 3.0” Transition Plan
There is good reason to believe that a new path and a better future is possible for Scoop in 2019 as a pioneering independent Media company. A combination of new technology, ideas, institutions and business models and a renewed energy and commitment by the Scoop team, means Scoop aims to be at the forefront of the development of this renaissance that we term ‘News 3.0’.

By opening up Scoop’s structure to community ownership and exploring decentralised technology through the blockchain we can ensure the public has a stake in this enterprise and a say in its development. More>>

 

Gordon Campbell: On Jami-Lee Ross (And The New Hobbit Law)

Clearly, Jami-Lee Ross is not waging a normal form of political warfare, with agreed rules of combat and rational cost/benefit calculations.

This is politics-as-terrorism where everything is being sacrificed by the man in the bomb vest in order to remove Simon Bridges as the leader of the National Party. More>>

Text Messages Released: National On $100,000 Donation(s)
The Botany Electorate of the National Party received 8 donations, and Mr Ross declared 8 donations to us. More>>

ALSO:

Film Industry Working Group:

Three Killed: DOC Supporting Family, Colleagues After Helicopter Crash

The Department of Conservation (DOC) is rallying around family and colleagues of the staff who died in a helicopter crash this morning in Wanaka... The helicopter, with two DOC staff on board, was on its way to undertake tahr control in the Haast area when it crashed. More>>

ALSO:

Political Donations: Greens Call For Tighter Anonymity Rules And Public Funding

“It is clear that those vested interests have a tangible influence on the decision making of political parties. This is a threat to democracy and should change.” More>>

ALSO:

Education Amendment Bill Passes: Urgency Sought For Partnership School Treaty Claim

The claim takes issue with the acts and omissions of the Crown in respect of the closure of Partnership Schools | Kura Hourua. More>>

ALSO:

Salvation Army Paper: Call For Public Housing Investment

To meet these future demands the report suggests the government needs to look beyond the private rental market and begin to invest heavily into home-ownership programmes and more public and social housing. More>>

ALSO:

Cull: Himalayan Tahr Control Operation Proceeding

“The target of controlling 10,000 Himalayan tahr over the next eight months remains. The revised plan provides for a staged control operation with increased reporting to the Tahr Liaison Group...” More>>

ALSO:

Health: Petitions To Fund Breast Cancer Drugs

Women marching to Parliament today, to present two petitions calling for Government funding of vital medicines, have 100% support from a coalition representing than 30 breast cancer organisations. More>>

ALSO:

Animal Welfare Advisory Committee: Report On Rodeo Practices Released

The independent committee that advises the Minister responsible for Animal Welfare, has today released a report on animal welfare in rodeos, together with advice to the Minister making recommendations to improve the welfare of the animals in rodeos. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels