|
National's Tax Cut Plan Too Timid - ACT
Saturday, 30 October 1999, 5:16 pm
Press Release: ACT New Zealand
|
Saturday 30th Oct 1999
Rodney Hide
Media Release --
Economy
ACT Finance Spokesman Rodney Hide said
today that National's tax cut carrot dangled by Bill English
was too timid.
"It's good that Bill English finally
agrees with ACT that the top rate of tax must come down to
boost jobs and growth. What's disappointing is that
business is only to have their three cent tax cut
"when conditions allow" and the proposal is only to cut the
company rate, not the personal rate.
"The company tax
rate and personal rate should be cut together and business
needs a serious commitment to tax reductions.
"The
problem is that National has simply not got government
spending under control," said Rodney Hide.
ENDS
© Scoop Media

Gordon Campbell: On the Sony cyber attack
Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.
Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>