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

 

Mana seeks apology from National for misleading on tax

Mana seeks apology from National for misleading voters on tax

Mana is challenging John Key to front up and apologise to New Zealanders for National's misleading election material about the percentage of tax paid by New Zealanders

In their election handouts shoved into every letterbox in the country National claims that three-quarters of New Zealanders now pay a top personal tax rate of 17.5%.

MANA economic justice spokesperson John Minto says this is a carefully constructed lie because it airbrushes out GST which hits those on low incomes the hardest.

"The awful truth is that when GST is factored in those on the lowest incomes in New Zealand are now paying the same tax rate as those (such as Prime Minister John Key and all our politicians) in the top 10% of income earners.

"A person earning less than $3000 per year is paying the same 26.5% of their income in tax as the top 10% of earners on over $87,000.

Bottom 10% of income earners (less than $3000)

Top 10% of income earners (above $87,000)

Percentage of total income paid in personal income tax

12.5%

22.5%

Percentage of total income paid on GST

14%

4%

Total % of income going to tax

26.5%

26.5%

"New Zealand now has effectively a flat tax structure on incomes thanks to the distorting effect of GST. Our tax system has become so debased and abused that the tax burden now falls hardest on those least able to pay."

Mr Minto says Mana will reverse this taxation perversion by abolishing GST and replacing it with a Financial Transactions Tax which will shift the burden from those on low incomes to high income earners among the corporate elites.



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Discussion Doc: National's Primary Sector Plans

Today National has released our third discussion document, this one on the primary sector. It showcases our positive and innovative approach to what is the backbone of our economy, Leader of the National Party Simon Bridges says. More>>

ALSO:

Govt Adopts Working Group Plan: Unions Welcome Film Industry Collective Bargaining

The announcement today by the Minister for Workplace Relations and Safety Iain Lees-Galloway, to support collective bargaining for those working in the film and screen industry, is welcomed. More>>

ALSO:

Greenpeace: New Oil Rig Arrives

A drill rig commissioned by oil giant OMV has arrived in New Zealand, a little over a year after the Government issued a ban on new oil and gas exploration permits... More>>

ALSO:

Proactive Non-Release: Housing Minister Says Unpublished Meeting 'Not A Secret'

Housing Minister Phil Twyford says an error from his office meant a meeting with another minister and the Auckland mayor was not included in his publicly released diaries. More>>

ALSO:

'Signalling Urgency': Auckland Council Declares Climate Emergency

“By unanimously voting to declare a climate emergency we are signalling the council’s intention to put climate change at the front and centre of our decision making,” says Mayor Phil Goff. More>>

ALSO:

Potential Disasters: Insurance Taskforce To Deal With Skyrocketing Premiums

Wellington Mayor Justin Lester said the group would look at how the insurance market was functioning amid massive premium increases, which have also led to claims the market is broken. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels