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

 

Mana applauds the Prime Minister’s proposal for tax cuts

Mana applauds the Prime Minister’s proposal for tax cuts

Mana Economic Justice Spokesperson John Minto tonight applauded Prime Minister John Key’s announcement that future budgets would have tax cuts.

“Mana wants to cut taxes for families on low and middle incomes who are doing the heavy lifting for the economy.”

For a start Mana would –

· Abolish GST – a nasty tax on low-income families (the poorest New Zealanders pay 14% of their income on GST while the richest pay less than 5%)

· Abolish tax on the first $27,000 of income from wages or salaries


These tax cuts would be offset with taxes on unproductive sectors of the economy which are not only distorting and damaging but are largely untaxed.

Mana would introduce –

· A Hone Heke Financial Transactions Tax on currency speculators

· A robust capital gains tax

· An inheritance tax on estates valued over $500,000


Over the past 30 years the tax burden has been shifted from the wealthy and the corporate sector to wage and salary earners through income tax cuts and GST increases.

“The reality is that most of the richest 1% don’t pay any meaningful tax. This is outrageous and has to stop. Low-income families can no longer afford to carry the idle rich and the tax-avoiding corporate sector.”

“So tax cuts are welcomed by Mana – starting with GST”

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Fallout From The Barclay Tape

This is hardly a case of cleaning out your desk and being turfed out onto the pavement.

As others have pointed out, the disgraced Clutha-Southland MP will remain on the public payroll for three months until the election, and for three months afterwards. More>>

 

Ombudsman: Canterbury Schools Reorganisation Mishandled

An investigation into the Canterbury schools reorganisation after the February 2011 earthquakes has found significant gaps and flaws in the Ministry’s engagement and communications with schools and communities. More>>

ALSO:

Law Commission: Contempt Report "Protects Right To Fair Trial"

The proposed Act limits what news media representatives and bloggers can report on court proceedings, but it also makes clearer than the current law where the line is between contempt and freedom of expression. More>>

ALSO:

Gordon Campbell: On Our Refugee Intake (And Uber’s Woes)

On figures released this week, there are currently 65.6 million people worldwide who have been displaced from their homes by war, famine or other external causes… More>>

ALSO:

IGIS Report: GCSB Support For Groser WTO Bid Not Illegal

“The inquiry has found that the GCSB did not act unlawfully or improperly in providing assistance to the New Zealand government campaign”, Ms Gwyn said. More>>

ALSO:

PM's Press Conference: Pike And Houses

There were questions on Pike River mine re-entry after new video from inside the drift was released over the weekend. English maintained a human effort would not be feasible irrespective of any future coalition demands from NZ First. He said the government would continue to work with families on non-manned re-entry. More>>

ALSO:

Flogging A Dead Horse: NZ First Seeks New s59 Referendum

10 years on from the so called “anti-smacking” law - NZ First calls for a binding referendum. NZ First MP Tracey Martin told TVNZ’s Q+A programme that the law change has had a “chilling effect” on NZ parents including herself. More>>

ALSO:

Always Interesting: Internet Party Has New Leader

The Internet Party has a new leader: Suzie Dawson... She currently resides in Moscow, Russia, where she has applied for temporary asylum due to severe persecution she reports being subjected to by those whose corruption she worked to expose.More>>

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog