ACT is the only party saying that taxes and government spending are already too high. Lower taxes will boost economic growth and help to create new jobs. ACT believes that New Zealanders can make better decisions about how to spend their money than the government. That’s why we want to return power to working New Zealanders by lowering taxes and enabling them to keep more of what they earn.

ACT’s goals:

To make New Zealand the most pro-business, pro-jobs country in the developed world

To initiate a five year programme of tax cuts

A top rate of company and personal income tax of no more than 20%

ACT believes:

Government spending and taxes are too high

To lower the average tax burden we have to reduce government spending

Government spending is now so high that the tax system has to be much more complex and grasping than is desirable

A flat income tax would be fairer, more efficient and much simpler for businesses and individual taxpayers

ACT will:

Move to a flatter tax rate structure

Undertake a thorough review of the IRD to ensure it operates more effectively and is fair to taxpayers

Review the entire tax system with the aim of making it simpler and easier to comply with.

ENDS

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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>>