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


No such thing as a free tax cut

2000 web site
"Superannuitants have a lot riding on this year's election result," Labour finance spokesperson Michael Cullen told a Grey Power meeting in Palmerston North today.

"The status quo is not an option. The choice is between a change to a Labour-led Government or a strong lurch to the right with Act being the policy powerhouse in a new rightwing coalition with National.

"And we know that Act will argue hard for its 20 percent tax rate in the coalition negotiations because tax is the most important issue on Act's agenda.

Act's tax cut programme would give another $450 a week to Jenny Shipley which somebody would have to pay for because there was no such thing as a free tax cut.

Among those who would have to pay were the elderly, most of whom would get nothing from Act's tax policy because they earned less than $40,000 a year, Dr Cullen said.

"Act talks of freezing government spending - probably for a minimum of three years.
For New Zealand Superannuation that means even the new 60 percent floor for the married rate will have to be breached.

"It will mean a cut in payments to hospital and disability services of nearly 6 percent - enough to wipe out thousands of operations and threaten home help services.

"Senior citizens cannot afford a lurch to the right to feed the greed of Mrs Shipley and her colleagues for tax cuts to benefit themselves. They need a Labour Government to protect their interests and their standard of living," Dr Cullen said.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

CPAG Report: The Further Fraying Of The Welfare Safety Net

New Zealand’s welfare system has undergone a major transformation during the past three decades. This process has seriously thwarted the original intent of the system, which was to provide a decent standard of living for all New Zealanders in times of need...

In 2017 it is not unusual for families to be living in their cars, in garages, or in substandard boarding houses. Food banks are unable to meet the soaring demands from not only beneficiaries but, increasingly, the working poor. Private charities, such as KidsCan and Variety, are overwhelmed by the demand from poor families for basic necessities. More>>



Risks & Adaptation: Cheaper To Cut Emissions Than Deal With Climate Change

The cost of climate change to New Zealand is still unknown, but a group of experts tasked with plugging the country's information gaps says it will likely be significant and it would be cheaper to cut greenhouse emissions than simply adapting to those changes. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>





Featured InfoPages