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:

Mt Eden Prison: Serco Inquiry Extended

A two month delay to the Government investigation into prison fight clubs shows the extent of problems within the Serco circus, says Labour’s Corrections spokesperson Kelvin Davis. More>>

ALSO:

Health And Safety: Late Addition Of National Security Provisions A Concern

The New Zealand Law Society has expressed its significant concerns at the last-minute addition to the Health and Safety Reform Bill of provisions for a closed material procedure for court proceedings where national security is involved. More>>

ALSO:

Rugby And Beer: World Cup Alcohol Bill Passes

ACT MP David Seymour’s Sale and Supply of Alcohol (Extended licensing hours during Rugby World Cup) Bill completed its third reading by 99 to 21... More>>

ALSO:

Gordon Campbell: On The Flag Campaign

So far, the public has treated the government’s flag campaign with something between disinterest and disdain. Most New Zealanders have instinctively seen through the marketing hype involved. More>>

Change For 2017: Local Govt To Decide On Easter Sunday Trading

The Government is to enable local communities, through councils, to decide whether retailers can open on Easter Sunday, Workplace Relations and Safety Minister Michael Woodhouse announced. More>>

ALSO:

(And Targets Worse Than Australia's): Foresters Abandoning Emissions Trading Scheme

The Government’s gutting of the Emissions Trading Scheme has caused foresters to leave and emissions to rise, says Labour’s Climate Change spokesperson Megan Woods. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news