Alliance Proposes New Wealth Tax
Friday, 30 July 1999, 11:29 am
Press Release: New Zealand National Party
Alliance leader Jim Anderton confirmed yesterday that the
Alliance Party intended significant changes in the New
Zealand tax regime. Alliance wants more revenue from tax
and is proposing a mixed tax system, which would include
wealth taxes.
Mr Anderton has not released a detailed tax
policy, but has confirmed a shift towards wealth taxes and
tariffs, including such things as a capital gains tax, stamp
duty and estate duty.
Brian Neeson, MP for Waipareira
said: "Alliance polled badly in the last elections due to
its progressive tax system and is apparently trying a
different tactic this time around".
Mr Neeson went on to
say: "Jim Anderton's economic polices are loony tunes -
they will drive New Zealand backwards as a civilized forward
thinking country.
ENDS
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