National's Tax Cut Plan Too Timid - ACT
Saturday 30th Oct 1999
Media Release --
ACT Finance Spokesman Rodney Hide said
today that National's tax cut carrot dangled by Bill English
was too timid.
"It's good that Bill English finally
agrees with ACT that the top rate of tax must come down to
boost jobs and growth. What's disappointing is that
business is only to have their three cent tax cut
"when conditions allow" and the proposal is only to cut the
company rate, not the personal rate.
"The company tax
rate and personal rate should be cut together and business
needs a serious commitment to tax reductions.
problem is that National has simply not got government
spending under control," said Rodney Hide.
© Scoop Media
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