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

 

FFNZ Supports Principled Stance on Taxation


24 October 2001 PR160 /01

FFNZ Supports Principled Stance on Taxation

The Tax Review team is to be congratulated for its principled approach and not shying away from contentious issues such as proposals to remove excise taxes on alcohol and tobacco says Federated Farmers of New Zealand (Inc) President Alistair Polson.

"The Federation endorses proposals to flatten the tax structure and align the top personal marginal tax rate with the company tax rate. It is important that New Zealand's tax rates are competitive given the international mobility of capital and labour. This would encourage investment, minimise tax avoidance, and reduce administrative cost burdens.

"The Federation would welcome an additional independent review of local government taxation (rates), which are highly inequitable and fly in the face of the sound principles associated with a good taxation system.

"Given the Government's commitment to signing the Kyoto Protocol the Review notes that Climate Change is likely to raise taxation issues that New Zealand must address. Essentially the Review is warning against the premature introduction of carbon taxes the effect of which would be to undermine New Zealand's international competitiveness.

"This is sensible given New Zealand's total green house gas emissions are 0.2% of the developed world's emissions and that developing countries such as India and China have no obligations under the Kyoto Protocol.

"New Zealand is the only party to the Kyoto Protocol looking at agricultural sector commitments to reducing green house gas emissions. The Review highlights that much more work needs to be undertaken before the Government can contemplate introducing carbon charges."

ENDS

For more information: Alistair Polson, PH 04 473 7269 or 025 370 085 John Pask, PH 04 473 7269



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Sir Michael Cullen’s Tax Reform

To ordinary wage and salary earners who (a) watch a slice of their gross income being taxed every week via PAYE and who also (b) pay GST on every single thing they buy, there has been something quite surreal about the centre-right’s angry and anguished reactions to the Tax Working Group’s final report... More>>

 
 

89 Cents An Hour: Govt Plans Fix For Minimum Wage For People With Disabilities

IHC is delighted that the Government is looking into replacing the Minimum Wage Exemption (MWE) with a wage supplement to ensure people with disabilities are paid at least the minimum wage. More>>

ALSO:

Te Waihanga: New Independent Commission To Tackle Infrastructure Issues

The New Zealand Infrastructure Commission – Te Waihanga – will be established as an Autonomous Crown Entity to carry out two broad functions – strategy and planning and procurement and delivery support. More>>

ALSO:

Auckland Action Against Poverty: Motels Profit From Housing Crisis

A single motel which charges up to $1,500 per week per room has received over $3 million worth of Government funds to provide emergency assistance, despite never having a Code Compliance Certificate – an offence under the Building Act – and receiving a series of longstanding complaints from occupants... More>>

ALSO:

Gordon Campbell: On The Alleged China Relations Crisis

If New Zealand’s relations with China are ‘deteriorating’ then you still need a microscope to detect the signs... More>>

ALSO:

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:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels