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

 

Labour to take $2.5b from Kiwi families

New Zealand National Party

Media Release


11 July 2017


Labour to take $2.5b from Kiwi families

The Labour Party wants to take $2.5 billion from Kiwi families from 1 April next year with a pale imitation of the Budget's Family Incomes package, National Party Campaign Chair Steven Joyce says.

"They are proposing to tax more with one hand and give a bit back with the other hand but by their own admission Kiwi families would get fleeced $2.5 billion over the next four years in the process,” Mr Joyce says.

"And in their desperation to avoid shifting tax thresholds, they've dreamt up an even more confusing array of new and old subsidies while taxing low and middle income people at ever higher rates as their wages grow.

"It's classic Labour Party smoke and mirrors. But at the end of it Kiwi families would be $2.5 billion worse off.

"Someone on the average wage would face an annual tax hike of $1100, while Labour would fork out a $3000 annual baby bonus for a family earning $150,000.

"What New Zealand needs is a simpler fairer tax and transfer system more clearly targeted to people who need help and that is what Budget 2017 delivers,” Mr Joyce says.

"Labour look like they are still trying to think up reasons in hindsight why they didn't vote for the Budget's Family Incomes package.

"All they've come up with is a convoluted spaghetti of entitlements that will confuse everyone, and provide a future of ever higher tax rates for hardworking Kiwis as their wages rise."

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Ch-Ch-Changes At IRD

job cuts aren’t happening at the IRD, exactly. Instead, there’s apparently a ‘transformation’ in store, and jobs won’t be axed ; no, they will be ‘transformed’ before our eyes into… non-jobs, if you happen to be among the unlucky legion of 1,900 who are being lined up for transformation, which seems to work rather like a secular version of the Rapture.

Except that at IRD, not even your shoes will be left behind. More>>

 

Christchurch Mental Health: Hospital Too 'Awful' For Reviewers To Visit

Jonathan Coleman has to stop the stalling over a new building for mental health services in Christchurch to replace the quake damaged Princess Margaret Hospital, says Labour’s Health spokesperson David Clark... More>>

ALSO:

Greens Call For Govt Action: Children Sick Because Of NZ Housing

The Royal Australasian College of Physicians president-elect said today that children with preventable respiratory illnesses are being re-admitted to hospital because they're being sent back to cold, damp homes. More>>

ALSO:

Less Tax Cut, More Spending: Labour Launches Fiscal Plan

“Labour will invest $8 billion more in health, $4 billion more in education and $5 billion more for Kiwi families through Working for Families, Best Start and the Winter Energy Payment than the Budget 2017 projections for the forecast period.” More>>

ALSO:

Gordon Campbell: On The Greens’ Room For Political Pragmatism

The Greens here are currently being criticized by the commentariat for not making the same kind of pragmatic choices that sunk the Democrats in Australia. More>>

Gordon Campbell: On Being Humane About Welfare, Child Support, And Tax

It made for an unusual Venn diagram, but Greens co-leader Metiria Turei and Finance Minister Steven Joyce were briefly sharing some common elements this week in the set that says – hey, don’t use the powers of the state in ways guaranteed to make the system you’re trying to defend worse, not better. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election