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

 


Tax debate exposes limitations

MEDIA RELEASE

Friday 24 June 2005

Tax debate exposes limitations

“The debate around the feasibility of tax cuts clearly exposes the limitations of the current financial system” Democrat Leader Stephnie de Ruyter told an Invercargill meeting today. “It also exposes a lack of political will to examine the potential of more creative methods of sharing New Zealand’s wealth.”

Ms de Ruyter cited the Democrats for social credit’s Community Credit Programme as one such method.

“The Community Credit Programme enables the Reserve Bank to issue credit by way of grants and loans to local territorial authorities for infrastructure works and approved community projects.

“Major projects such as the upgrade of the Civic Theatre could be funded this way, alleviating Invercargill ratepayers of the inter-generational debt burden imposed by interest-bearing commercial loans. No need then for the massive 8.5% rates increase. That leaves more money in ratepayers’ pockets.

“The April Fool’s Day petrol tax imposed to fund roads in Auckland, could be scrapped. Transport infrastructure programmes would be eligible for Reserve Bank support. And that leaves more money in Southland motorists’ pockets.”

Ms de Ruyter noted that the call for tax cuts had been poorly addressed by Labour and National.

“With the right hand offering tax cuts and the left hand warning that that would mean public spending cuts, the social credit option offers a fairer system and more choices to the New Zealand body of voters” Ms de Ruyter said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news