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


No transformation in pillaging the taxpayer

Grant Robertson’s first Budget uses 'transformation' as a buzzword but offers only to spend more of taxpayers’ money, says ACT Leader David Seymour.

“The former university politician has today shown himself to be a poor student of economic history. Higher taxes and greater government spending has never fixed our problems.

“Income tax was introduced at 5 per cent on the highest incomes. Now it's 33 percent.

“In the early 1900s, government spending was a one tenth of the economy. Today, it stands at a third.

“Yet, thousands of New Zealanders still struggle to make ends meet.

“There is no transformation in simply pumping more money into the same failed policies.

“More money for health and education won’t deliver better results. Those sectors require structural changes.

“Health budgets have increased year after year, yet patient satisfaction is at its lowest level since 2006.

“Governments have poured more and more money into education, but PISA test scores are declining.

“Robertson’s extravagant new welfare schemes - $6 billion in poorly-targeted spending on ‘Fees Free’ and the Provincial Growth Fund - will deliver meagre returns to hard-earned taxpayer money.

“Far from being a transformational Budget, this Government is simply spending taxpayers' money where it feels it will get the best electoral results.

“Real transformation would involve structural reform of our regulations that stop home building, the funding of infrastructure, and the delivery of health and education.

“Robertson’s commitment to keeping the pension age at 65 means our $12 billion superannuation bill will continue to eat up more and more of the Budget.

“His failure to significantly cut $1.6 billion in corporate welfare, means we cannot reduce the corporate tax rate to 25 per cent, which would boost investment, wages and jobs.

“We now spend over $1.1 billion on accommodation assistance because successive governments haven’t reformed the Resource Management Act to boost land supply and get housing costs under control.

“New Zealand’s economic underperformance relative to Australia is a problem of our poor productivity. We should be cutting taxes across the board, creating incentives for New Zealanders to save, work and invest.

“Robertson will soon find that the problem with socialism is that at some point you run out of other people’s money.

“New Zealanders deserve so much better than the short-termism that this Government is serving up”, says Mr Seymour.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Sir Michael Cullen’s Tax Reform

To ordinary wage and salary earners who (a) watch a slice of their gross income being taxed every week via PAYE and who also (b) pay GST on every single thing they buy, there has been something quite surreal about the centre-right’s angry and anguished reactions to the Tax Working Group’s final report... More>>


89 Cents An Hour: Govt Plans Fix For Minimum Wage For People With Disabilities

IHC is delighted that the Government is looking into replacing the Minimum Wage Exemption (MWE) with a wage supplement to ensure people with disabilities are paid at least the minimum wage. More>>


Te Waihanga: New Independent Commission To Tackle Infrastructure Issues

The New Zealand Infrastructure Commission – Te Waihanga – will be established as an Autonomous Crown Entity to carry out two broad functions – strategy and planning and procurement and delivery support. More>>


Auckland Action Against Poverty: Motels Profit From Housing Crisis

A single motel which charges up to $1,500 per week per room has received over $3 million worth of Government funds to provide emergency assistance, despite never having a Code Compliance Certificate – an offence under the Building Act – and receiving a series of longstanding complaints from occupants... More>>


Gordon Campbell: On The Alleged China Relations Crisis

If New Zealand’s relations with China are ‘deteriorating’ then you still need a microscope to detect the signs... More>>


Environment: Government To End Tenure Review

“Tenure review has resulted in parcels of land being added to the conservation estate, but it has also resulted in more intensive farming and subdivision on the 353,000 ha of land which has been freeholded. This contributed to major landscape change and loss of habitat for native plants and animals,” said Eugenie Sage. More>>


Bell Tolls: Big Changes, Grand Mergers Planned For Vocational Training

“At a time when we’re facing critical skill shortages, too many of our polytechnics and institutes of technology are going broke... More>>


Sallies' State Of The Nation: Progress Stalled In Reducing Inequality

The report shows a lack of tangible progress in key areas including record levels of household debt and a growing gap in educational achievement between poorer and more well off communities. More>>





InfoPages News Channels