Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Copeland calls for Scrooge Cullen to give it up

Copeland calls for Uncle Scrooge Cullen to give it up

United Future revenue spokesperson Gordon Copeland today strongly questioned Prime Minister Helen Clark concerning the prospects for some long overdue tax relief for hardworking New Zealanders.

Mr Copeland asked “Even after her Finance Minister publicly acknowledges that he has $520 million cash left, why does he still refuse to adjust the tax brackets for the effects of inflation?”

The Prime Minister responded by saying that this year’s budget announced tax reductions to take effect from 1 April 2005. However, the Family Assistance package then announced was not a tax cut.

Mr Copeland has vigorously campaigned during the last two years for the present tax brackets to be adjusted for the effects of inflation.

“The continued failure of the government to make that adjustment is blatantly unfair and unjustified,” he said. “The present tax brackets were established on 1 April 2000, but by 1 April 2005 cumulative inflation will be about 13%.

“This means that the $38,000 bracket, when the rate changes from 19.5 cents to 33 cents in the dollar, should be $43,000. Likewise the $60,000 bracket, when the rate changes from 33 cents to 39 cents in the dollar, should be $68,000.

“Dr Cullen’s failure to adjust these brackets means that in real terms, that is, after allowing for the change in the cost of living, all of New Zealand’s 3,127,000 taxpayers have seen their taxes increased during the term of this government.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

“This is increasing tax by stealth even in circumstances where, by his own admission, Dr Cullen has more than enough cash in the bank to fund the approximately $500 million cost involved in changing the bracket levels.

“Even worse, the government has given no indication that it intends to address this issue any time soon. I don’t intend to give up. Simply stated, that $500 million is in the government coffers when it should be in the pockets and purses of taxpayers

© Scoop Media

Advertisement - scroll to continue reading
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Flaws In Anti-gang Laws

Google “Christopher Luxon“ and “mojo” and you get nearly 60,000 matching responses. Over the past 18 months – here and here and again, here – Luxon has claimed that New Zealanders have either lost their mojo and/or are in the process of re-finding it. With mojo in hand, New Zealanders will once more become a nation of over-achievers, blessed with the feisty Kiwi can-do spirit of yore.

But here’s the thing. According to Luxon, we’re naturally bold, inventive and self-reliant. Yet according to him, we’re also “wet, whiny and inward-looking”...


Government: GPS 2024: Over $20 Billion To Get Transport Back On Track
Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely... More


ACT: New Zealand Dodges Dopey Experiment In Prohibition

“Labour’s attempted crackdown on smokers would have delivered criminal groups a near-monopoly over the cigarette trade,” says ACT Health spokesman Todd Stephenson... More

Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More

Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More




InfoPages News Channels


Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.