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


Working group lines up more taxes

14 March 2018

Working group lines up more taxes

New Zealanders will be deeply suspicious and rightly so about the Labour Party’s plan for new taxes as signalled today by their tax working group, National Party Finance Spokesperson Amy Adams says.

“What we’ve seen today from the Tax Working Group is a dressed up version of the old Labour Party plan to add a raft of new taxes,” Ms Adams says.

“A financial transactions tax, capital gains tax, a land tax, wealth taxes, environmental taxes; they all have one thing in common. It’s the return of Michael Cullen with his hands deep in the pockets of hardworking Kiwis trying to think of new ways to get more money from them.

“If the Government was serious about the stated aim of the Tax Working Group proposals being revenue neutral, the discussion document would focus more on proposals to reduce the tax take in other areas. The document instead talks about the need for taxation to increase.

“Tax revenues are already going up because of the strong New Zealand economy. Three years ago the Government collected $66.6 billion in tax, it’s forecast to be $78.2 billion this year and $93 billion by 2021. That’s more than enough of an increase, even for a tax and spend Labour Party Government.

“Adding new taxes would only discourage savings, investment, and slow down the New Zealand economy.

“The public will be worried about the direction that the Tax Working Group appears to be taking. It’s hard enough for mum and dad investors to get a small nest egg together over their lifetime without it being subject to even more tax.

“With Sir Michael’s penchant for taxing people and Grant Robertson’s determination to spend a lot more money, storm clouds are gathering for hardworking Kiwis who already pay enough tax.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>


14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>


Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>


Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>


Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>


Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>


Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>


Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>


"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>





InfoPages News Channels