Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Greens' economic policy is no left turn

Alliance Party says Greens' economic policy is no left turn

Alliance Party Media Release-FOR IMMEDIATE RELEASE-Friday, October 24th, 2008

The Greens revealed their true colours this week when they revealed their economic policy, says Alliance list candidate Matthew Stephen.

"While we welcome the Greens adopting the Alliance's policies of a capital gains tax and a tax on international currency movements, we are concerned at how little the Greens are offering those at the bottom of the economic system."

The Greens say they will give everyone a tax cut. We say those on the highest incomes can afford to pay a bit more to help those with a fraction of their wealth. The Alliance would give a tax cut to the 67 percent of New Zealanders who earn under $41,000, while increasing taxes progressively on those on higher incomes. "We want to see New Zealand once again be a beacon of progress to the world in terms of social equality," says Mr Stephen. "We would use economic policy as part of a broader societal shift to an economy that serves the needs of the people."

The Green proposal to shift taxes from incomes to resource use will have a regressive impact on incomes and make New Zealand and even more highly unequal country. New Zealand is already one of the most unequal countries in the OECD, having a more unequal distribution of incomes than Australia, and even class-ridden Britain. "How much longer can we go down this path of increasing inequality, and expect the poor to suffer the burden of climate change?" says Mr Stephen.

Despite the Greens' commitment to improving the food New Zealanders eat, they have backed away from advocating the removal of GST from food, which would have been a quick and simple way to reduce the cost of fresh fruit and vegetables. Furthermore, taxes on resources as the Greens favour tend to have a regressive impact on income distribution. For example, raising the tax on petrol means someone earning minimum wage pays the same tax on that petrol as someone who earns millions each year. Mr Stephen says that only a democratic socialist government can manage the transition to a sustainable economy and spread the costs equitably over the population.

Mr Stephen ended with a call to Green Party members to show their commitment to progressive taxation: "Ultimately, this shows the superficiality of the Green commitment to social justice. Greens who want an egalitarian society founded on ecological rationalism will have to ask themselves whether they're in the right party."


ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Whether This Election Is Already A Foregone Conclusion

Currently, this election looks like being a no contest. The weekend’s Newshub poll has the centre left enjoying a roughly 57-36% lead over the centre right. Labour is on 50.1% and the Greens 6.5%, while National remains in the dreaded 20s at 29.6% and the Act Party is on 6.3%. Conditions continue to look terminal for New Zealand First. Despite being a stubborn brake on government tax policy and winning a few policy gains of its own, NZF is registering only a 1.9% level of support... More>>

 

Economy: Business Leaders’ Confidence Tanks As Top Kiwi CEOs Vent Their Frustrations

The New Zealand Herald’s Mood of the Boardroom 2020 Election Survey has been released with top business leaders saying New Zealand’s Covid-19 recovery is in peril – and they want a decisive role with Government in the country’s future. The annual ... More>>

ALSO:


Poll: Newshub-Reid Research Poll Shows National Rising But Labour Still Governing Alone

With less than three weeks to go, Labour remains in a position where it could govern alone in the latest Newshub-Reid Research poll* on 50.1% - down 10.8 percentage points. National has risen slightly to 29.6% (up 4.5 percentage points), but even with the ... More>>

ALSO:

Winston Peters Speech: The Gathering Storm Clouds: Ihumatao

Frequently around New Zealand you hear people say that politicians are all the same. It’s a convenient way to dismiss any careful investigation of the truth of that statement. New Zealand First since its inception has been committed to ‘one law ... More>>

ALSO:

National Agriculture Policy: Will Restore Farmer Confidence And Pride

A National Government will reduce regulatory burden and give farmers confidence for the future. Leader of the National Party Judith Collins and Agriculture spokesperson David Bennett announced National’s Agriculture policy in Gisborne today. “Agriculture ... More>>

ALSO:

Government: Taking Action To Reduce Waste And Plastics

Phase out single use and hard to recycle plastics by 2025 Create a $50m Plastics Innovation Fund to develop alternatives Standardise kerbside recycling The Labour Party is taking the next step in removing plastic rubbish from our oceans and environment ... More>>

Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>

ALSO:

Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels