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

 


Libz issue tax challenge to Mainstream Parties

PRESS RELEASE
LIBERTARIANZ
TAX

Libz issue tax challenge to Mainstream Parties

"I find it monstrous that in a bid to get re-elected, the Labour Party promises to turn a large proportion of the country into beneficiaries," says Libertarianz spokesman Peter Cresswell today in reasserting his own party's tax policy. "Tax is theft," he says. "Accordingly, Libertarianz aim to reduce the theft as soon as practically possible."

"An election is an advance auction of stolen goods," says Cresswell, "and Labour's promises represent a large portion of the auction catalogue."

Here's how Libertarianz propose to give that stolen money back, and to reduce compulsory taxation to zero over five years: They propose a transition period to get there, during which income and company taxes would be reduced to a flat rate of 15%, and GST completely dumped. The first $10,000 of income would be tax free. Says Cresswell, "there's no reason that Mainstream Parties couldn't adopt this measure themselves. There is surplus and potential savings enough to pay for it, and it would do more than anything else to give people back their own money."

"We still do not know National's tax plans," notes Cresswell, "but with the enormous tax surpluses on the one hand and the profligate waste on the other, this '05 election offers a serious opportunity for a signal change in philosophical outlook: either tax up large and spend, spend, spend; or leave people alone and let government act only as referee."

It's time the Mainstream Parties themselves recognised the choice.

The Libertarianz Alternative Budget '05 demonstrating the affordability of their transitional tax plan can be found at http://www.libertarianz.org.nz/?libzpr=334

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news