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


Group delivers effective ways to neutrally broaden tax base

Tax Working Group delivers effective ways to neutrally broaden tax base

Source: PSA


The final report of the Tax Working Group finally puts together a long overdue set of choices and options for the Government to act on to achieve a tax system that is fairer for all New Zealanders says the Public Services Association (PSA).

"The Future of Tax report and the supporting design details it delivered today underlines undeniable facts like the fact that New Zealand’s tax system has relied on a relatively narrow range of taxes for far too long and, as found by the Tax Working Group, is not a particularly progressive system," says Glenn Barclay, PSA national secretary.

"The PSA supports and commends the group’s finding that the inconsistent treatment of capital gains only serves to perpetuate the unfairness of the tax system, leaving us with a society where wealth is increasingly concentrated in a smaller percentage of the population.

"The time is right to put this on the table once and for all, and for the government to ensure that all necessary steps are taken to put a detailed framework for capital gains taxation into place as soon as possible based on the work done by the Tax Working Group.

"The PSA is equally heartened by the investigation the Tax Working Group has done in areas such as personal income tax, and the option it has put forward to allow more New Zealanders to earn more at the lowest tax rate of 10.5% to reduce income inequality".

Kerry Davies, PSA national secretary: "This is a balanced and comprehensive report that recognises the Group’s consideration of the fundamental proposition that there are three main ways in which the tax system supports the wellbeing of New Zealanders: as a fair and efficient source of revenue; as a means of redistribution; and as a policy instrument to influence behaviours.

"We believe the direction announced today, when carried forward into a comprehensive tax package, delivers an answer towards levelling the playing field in priority areas like housing where PSA members who face insecure housing choices have been negatively impacted.

"It also sets the scene for allowing environmental taxes to play a greater role in sustaining and enhancing New Zealand’s natural capital, and draws attention to a need to build more institutional capability to design and implement new environmental taxes.

"In addition we strongly support the comments made by Group chair Sir Michael Cullen at today’s report launch that the success of changes to the tax system will depend on sufficiently resourcing the capability and workforce at Inland Revenue - so that it invests in staff and doesn’t lose staff it will require in the future".

Glenn Barclay and Kerry Davies: "We now urge the government to unlock the opportunities set out by the Tax Working Group to elevate the New Zealand economy as a whole and bring it more into line with fairer and more effective tax and transfer systems in the OECD, including our nearest neighbour Australia".


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Mosque Attack: No Mention Of Right-Wing Threat In 10 Years Of GCSB/SIS Docs

Jane Patterson for RNZ: There is not one specific mention of the threat posed by white supremacists or right-wing nationalism in 10 years of public documents from the Security Intelligence Service or the GCSB. More>>

Two Minute Silence Friday: Auckland Mosques Opening Their Doors To All
Mosques in the four corners of Auckland will open their doors on Friday night for people of all faiths to gather in remembrance of the 50 lives lost in the Christchurch shootings. More>>

Parliament's Condolences: PM's Statement On Christchurch Mosques Terror Attack
Al salam Alaikum. Peace be upon you. And peace be upon all of us.
Mr Speaker the 15th of March will now forever be a day etched in our collective memories... More>>

Gordon Campbell: On Why The Government Shouldn't Run The Christchurch Massacre Inquiry
At Cabinet yesterday, the promised changes to our gun laws cleared their first hurdle. According to PM Jacinda Ardern, Cabinet agreed collectively “in principle” on a set of proposals to change New Zealand’s gun laws... Yesterday, Ardern also announced an inquiry into the background to the mosque attacks and into the role played by the SIS, GCSB, Police, Customs, and Immigration. More>>

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>>


"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>>


████████ ████ ███: 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>>


'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>>


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>>





InfoPages News Channels