MEDIA RELEASE Tax working group
should be tasked with fiscal
neutrality
14 DECEMBER 2017 FOR
IMMEDIATE RELEASE
With the Budget Policy
Statement indicating fiscal restraint, and the Government
not signalling increases in revenue over and above nominal
growth and fiscal drag, the Tax Working Group should be
tasked to offer fiscally neutral solutions says the
Taxpayers’ Union.
Jordan Williams, the
Union’s Executive Director, says:
“We were pleasantly
surprised, and welcomed, Grant Robertson’s public comments
resulting from our calls prior to the election that any
policy changes by the Tax Working Group could be fiscally
neutral. Now that he’s in office Mr Robertson should task
the Tax Working Group with finding ways to reduce existing
taxes to compensate for the costs of any new taxes it
suggests.”
“Today’s mini-budget is a signal to Kiwis
that the Government does not intend to smack taxpayers with
an expensive rejig of the tax system. A credible way to do
this, would be to make sure the Tax Working Group understand
this.”
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