Parliament

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

 

Now's The Time For Tax Cuts

Now's The Time For Tax Cuts

ACT Leader Rodney Hide says that now is the time for tax cuts, following Treasury's report that Government's operating suplus over the last four months is $3 billion.

"Government has 900 million dollars more than Treasury forecast they would four months ago, but Kiwi families are still struggling to pay the bills," Mr Hide said.

"During the election campaign Michael Cullen told Kiwis he couldn't afford tax cuts. Tax revenue since then has exceeded the forecast by $50 million, and investment income is $439 million more than forecasted.

"Kiwis are overtaxed and over-regulated. We have a greedy government awash with tax money, while workers are crying out for a substantial tax cut.

"Families are being squeezed by high debt and rising mortgage rates - they deserve a tax cut.

"Reducing taxes now would be a Christmas bonus that would benefit our families, businesses and communities," Mr Hide said.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On How Women Are Suffering The Most From The Covid Economic Recession

Both here and abroad, the Covid-19 economic recession has been disastrous for women workers and their families. In November, young women below 30 in particular were feeling the consequences:

Of concern is the sustained deterioration in youth employment, particularly for females, with a -4.3% pa drop in filled jobs for females aged below 30, and a 3.9%pa drop for males aged below 30....More>>

 

A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>

ALSO:

Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels