Parliament

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

 

$1,800 per household to pay for Labour's promises

MEDIA RELEASE

5 August 1999

$1,800 per household to pay for Labour's promises

Treasurer Bill English released figures today that show that every household in New Zealand would have to pay at least $1,800 a year more to meet the spending promises made to date by Labour.

"Labour's numbers simply don't add up. Just the promises that can be costed amount to nearly $3 billion a year once they're fully implemented. So far Labour has said it is going to raise an extra $360 million with an increase in the top income tax rate.

"The difference of $2.6 billion has got to be paid for some how. It is the equivalent of every household in the country paying another $1,870 a year.

"Unless Dr Cullen is planning to plunge the country back into the red, which I don't think will be the case, he has to raise taxes. He can tax what people earn, what people own, or what people buy.

"One way or another we all have to pay for Government spending commitments. It is time that Dr Cullen fronted up on how he intends paying for the bills being run up by his colleagues. Suggesting that the total cost doesn't matter because policies will be phased in is naive. It's like those advertisements "buy a new dining room table and make no payments for 18 months", but everyone knows you have to pay for the table in the end.

"Labour can't expect to make political mileage out of a raft of promises, yet get away with not being up front about how it is going to pay for them," said Mr English.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>

 

Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>

ALSO:

Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election