English puts cart before the horse in tax cut offer
25
JUNE 2017 FOR IMMEDIATE RELEASE
“Tax cuts shouldn’t
be contingent on healthy growth and incomes, tax cuts are
the pathway to healthy growth and incomes,” said Jordan
Williams, Executive Director of the Taxpayers’ Union,
responding to Prime Minister Bill English’s speech to the
National Party’s annual conference today.
“National are persistently promising tax cuts in the
future, but they are putting the cart before the horse by
telling New Zealanders that keeping more of their own income
is contingent on more growth. It ignores the fact that the
Government’s income sheet is bloated.”
“The
tax cut package announced as part of last month’s budget
didn’t even make up for fiscal drag, the effect of
inflation and wage growth pushing people into higher
marginal tax brackets, since 2010.”
“National
like to position themselves as the party for limited
government, and letting people keep more of their own
income. While talking the talk is welcome, it’s overdue
for National to walk the walk.”
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