Axe the capital gains tax
Wednesday, 19 October 2005, 1:01 pm
Press Release: New Zealand National Party
John Key MP
National Party Finance Spokesman
19
September 2005
Axe the capital gains tax
National
Party Finance spokesman John Key says Revenue Minister Peter
Dunne should, as a matter of urgency, target Labour’s “crazy
plans” for a capital gains tax.
“This is a blatant $150
million Labour tax grab. It sends entirely confused
messages about sensible saving.
“Kiwis don’t save
anywhere near enough, yet this is a tax which threatens to
penalise those who are trying to do the right
thing.
“Peter Dunne will know this new tax is unnecessary
and unfair.
“The new Revenue Minister should order a
review of the capital gains tax as his top priority,” says
Mr Key.
Ends
© Scoop Media
Join Scoop Citizen
Scoop is a champion of independent journalism and open publishing - informing New Zealanders through straight-talking independent journalism, and publishing news from a wide range of sectors. Join us and support the publication of trustworthy, relevant, public interest news, freely accessible to all New Zealanders:
Become a member
Find out more
Sam Uffindell’s defenders keep reminding us that he was only 16 at the time of the King’s College incident, and haven’t we all done things in our teens that, as adults, we look back on with shame and embarrassment? True. Let's be honest. Haven’t we all at one time or another, joined a gang and beaten a smaller, younger kid black and blue with wooden clubs? In that respect, Uffindell’s defenders on the streets of Tauranga risk sounding a bit like the psychiatrist Kargol played by Graham Chapman on Monty Python. Some of the media commentary has also noted how the Uffindell saga has taken the shine off National’s good poll results and distracted us all from the unveiling of an important welfare policy at the recent National Patty conference. OK… So let's put the spotlight back on that welfare policy...
More>>