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

 

NZ Not Smart To Raise Tax As Oz Drops

MEDIA RELEASE

Thursday 23 November 1999

AUSSIE TO DROP TAX - NEW ZEALAND NOT SMART TO RAISE IT

"Yet another country is cutting taxes," Employers' Federation CEO, Steve Marshall said today, "At the same time, some politicians in New Zealand want to raise taxes."

Mr. Marshall was commenting on Australia's decision to cut its corporate rate of tax.

"Australia's move follows recent moves by other countries to drop their tax rates. Recently both Germany's Chancellor Schroeder and British Labour Prime Minister, Tony Blair, jointly announced support for lower taxes.

"Whether some politicians like it or not, taxation is critical to growth and more jobs. It is difficult to understand why some political parties are pushing to raise tax rates when our trading partners are lowering them.

"And now with our biggest trading partner dropping its rate, New Zealand simply cannot afford to put tax rates up. Raising them is not a smart move.

"Comparisons between New Zealand's and other OECD countries' personal tax rates are misleading when you consider, for example, that the top rate in the United States is 39.6% but it only applies when someone's income is over $480,000. In Japan the top rate is 50% but that only cuts in at $475,000," Mr. Marshall concluded.

Contact: Steve Marshall, CEO
Conor English, Manager Corporate Communications
Ph 04 499 4111

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Jami-Lee Ross Saga

In the end, the Jami-Lee Ross tweet about secretly taping his leader and promising to use it – assuming that such a tape exists, and wasn’t just being conjured out of thin air as a random threat – is a more serious offence than the original leak.

After all, even the PWC report hadn’t finally and definitively pointed the finger of blame at Ross, but had cited him merely as the most likely suspect. More>>

Press Conference Video: Jami-Lee Ross Plans By-Election, Police Complaint
National MP Jami-Lee Ross is to resign his seat and step down from the National Party, and will stand as an independent in any by-election for his Botany seat... Speaking to media at Parliament, he alleged Mr Bridges had broken electoral donation law and said he would put in an official police complaint. More>>
ALSO:

 

Fate Of Tahr Sealed: Himalayan Tahr Control Operation Proceeding

“The target of controlling 10,000 Himalayan tahr over the next eight months remains. The revised plan provides for a staged control operation with increased reporting to the Tahr Liaison Group...” More>>

ALSO:

Health: Petitions To Fund Breast Cancer Drugs

Women marching to Parliament today, to present two petitions calling for Government funding of vital medicines, have 100% support from a coalition representing than 30 breast cancer organisations. More>>

ALSO:

Animal Welfare Advisory Committee: Report On Rodeo Practices Released

The independent committee that advises the Minister responsible for Animal Welfare, has today released a report on animal welfare in rodeos, together with advice to the Minister making recommendations to improve the welfare of the animals in rodeos. More>>

ALSO:

PM's Press Conference: Fuel And Leaks

Other topics included the apparent murder of journalist Jamal Khashoggi at the Saudi Arabian embassy in Turkey, the relation between the Government moves against high fuel prices and the commitment to act on climate change, NZTA's failures in compliance checks ... More>>

ALSO:

New Hager Investigation: War Crimes, Sexual Assaults And Coverups In Armed Forces

A string of current and ex-New Zealand Defence Force staff have contacted Hager since the book he co-authored with Jon Stephenson – Hit & Run – was published in March 2017... More>>

ALSO:

Israel's Anti-Boycott Law: NZ Activists Fined Over Lorde Cancellation Raise $12k For Charity

New Zealand activists being fined in Israel for urging pop singer Lorde to cancel her concert have raised more than $12,000 for a Palestinian charity. More>>

ALSO:

NZEI: Teacher Shortage Plan Falls Short

NZEI Te Riu Roa has welcomed the Government's announcement of new initiatives to address the growing teacher shortage, but says teaching must become a sustainable career choice if there is to be a long-term solution… More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels