Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

A Deal Is A Deal!

28 March 2001 PR 44/01

A DEAL IS A DEAL!

Federated Farmers of New Zealand President, Alistair Polson today called on the government to withdraw the ill-conceived Maori Reserved Land Amendment Bill. "For the government to take this last minute decision to reduce the fiscal impact by cheating 173 West Coast Lessees out of a third of their compensation is an outrage," he said.

"This is a simple case of government deserting principles of justice and equity. The West Coast lessees have been waiting three years to be able to argue their case before the Land Valuation Tribunal. A small group of farmers should not be obliged to lose tens of thousands of dollars in equity just to make up for officials error. If officials got their estimates wrong that is for officials to resolve. The Government can not save money by denying individuals previously agreed compensation.

In 1998 lessees were given a choice of opting for the complicated formula contained in the schedule of the 1997 Maori Reserved Land Amendment or to wait until January 2001. Those that chose to delay did so knowing full well that any award would not be taxed because the legislation was quite clear. It is no use pretending otherwise. Neither should one pretend that those who elected the schedule mechanism were taxed. Both schemes have the effect of tax factored in to the valuation. Nobody should be taxed twice - let alone be expected to pay an arbitrary and selective capital gains tax.

For the Government to ignore tested and proven tax principles is outrageous. It should send a shiver down the spines of all New Zealanders and the business community to see that Government is prepared to change the basic laws of taxation without warning.

This legislation must be seen for what it is an ill advised, scurrilous, flagrant tax grab and the Minister must withdraw it. The deal made in 1998 must stand.

ENDS



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Joseph Cederwall: The End Of ‘Objectivity’ In Journalism

... and the dawn of something much better?
2019 looks like it might well be another really bad, terrible, not so good year for the traditional journalism model globally. Already in January three leading US digital outlets—BuzzFeed, the Huffington Post, and Vice announced layoffs that have left many accomplished journalists unemployed. Consolidation of journalism looks set to continue unabated as larger (sharky) media conglomerates swallow up smaller players globally. We also appear to be witnessing the death throes of the concept of ‘objective’ truth in journalism. However, perhaps that is not at all as bad as it sounds, and we are just finally waking up to the reality that it never really existed in the first place... 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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

Party Politics In Tax Morale Survey: SSC To Seek Answers From IRD

Minister of State Services Chris Hipkins has today asked the State Services Commissioner Peter Hughes to examine IRD’s reported inappropriate use of a public survey. More>>

ALSO:

Health: Prohibiting Smoking In Vehicles Carrying Children

Under the change, Police will be able to require people to stop smoking in their cars if children (under 18) are present. Police will also be able to use their discretion to give warnings, refer people to stop-smoking support services, or issue an infringement fee of $50... It is expected that this amendment will become law by the end of 2019. More>>

ALSO:

Waitangi Day: Nationwide Events Commemorate Treaty Signing

“From large-scale events attracting tens of thousands of people such as those at Hoani Waititi Marae in Auckland and the Porirua Waterfront, to smaller gatherings in areas as far flung as the Chatham Islands and to the significant commemorations at Waitangi, these events are an opportunity for us to reflect on the signing of the Treaty of Waitangi.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels