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

 

Taxpayers look to Winston Peters to balance James Shaw

Taxpayers look to Winston Peters to balance James Shaw’s extreme views

FEBRUARY 15 2019
FOR IMMEDIATE RELEASE
The New Zealand Taxpayers’ Union is calling on Winston Peters to take a critical view of the Tax Working Group’s proposals, as the Green Party doubles down on its capital-gains-tax-at-any-cost stance.

Taxpayers’ Union spokesman Louis Houlbrooke says, “The more that James Shaw bangs the capital gains tax drum, the more interesting Winston Peters’ silence on the issue becomes. Hopefully, this is a sign that he’s approaching the policy with more caution than the Greens, waiting to see the detail of the tax before making sweeping commitments.”

“This is Winston Peters’ chance to be better than the Greens. When the proposal is made public next Thursday, all eyes will be on New Zealand First, which has the power to save New Zealanders from a capital gains tax if it fails the test of fairness.”

The recent Taxpayers’ Union report Five Rules for a Fair Capital Gains Tax argues that a capital gains tax should only be supported if it is levied at a discount rate, includes roll-over relief on death, is indexed for inflation, is revenue neutral, and eschews the ‘valuation day’ approach.

“Only if those criteria are satisfied could a capital gains tax be considered fair. The ‘CGT-at-all-costs’ mentality from Mr Shaw is, frankly, extreme,” concludes Mr Houlbrooke.

ENDS



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Government Confirms Royal Commission of Inquiry:

Friday: National Remembrance Service

A National Remembrance Service for the victims of the Christchurch mosques terrorist attack, and all those affected by it, will be held at 10am on Friday 29 March, Prime Minister Jacinda Ardern announced. More>>

Ban On Military Style Semi-Automatics And Assault Rifles
Military style semi-automatics and assault rifles will be banned in New Zealand under stronger new gun laws... Related parts used to convert these guns into MSSAs are also being banned, along with all high-capacity magazines. “An amnesty will be put in place for weapons to be handed in, and Cabinet has directed officials to develop a buyback scheme...All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned." More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK
For the Latest: Scoop Search - Christchurch
 

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>

ALSO:

"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>

ALSO:

████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>

ALSO:

'Hit And Run' Inquiry: New Legal Action Over Secrecy

The lawyer representing the Afghan villagers in the inquiry into Operation Burnham has launched legal proceedings calling for a judicial review in the investigation. More>>

ALSO:

From Hydro Plan To...: Mokihinui River Land To Join Kahurangi National Park

A total of 64,400 hectares of conservation land in the Mokihinui River catchment on the West Coast north of Westport, including 15 km of riverbed, is being added to Kahurangi National Park. “Adding this area, roughly half the size of Auckland City, to Kahurangi is the largest addition of land to an existing national park in New Zealand’s history,” Eugenie Sage said. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels