Budget Decimates the Workers

“The government’s 2010 budget decimates the lower and middle income workers by increasing the GST as it will result in inflation accelerating to 6%,” Alton Shameem the Founder and President of Fiji Club of New Zealand (FCNZ) said today at Takapuna, North Shore City, Auckland the City of Workers.

“To further inflict destruction of the low and middle income workers the ominous and enormously unpopular Emission Trading Scheme (ETS) to be introduced soon will rocket propelled the inflation and cause dire economic and social hardship to the most vulnerable in our society the lower and middle income earners,” Alton Shameem Chairman and President of Fiji Club of New Zealand (FCNZ) said.

“The higher income earners are the only winners in this National-led government’s 2010 budget and they will be laughing, rejoicing and smiling all the way to the bank while the lower and middle income workers will be struggling to put food on the table and provide the basic necessities for their families” Alton Shameem the Community Leader and President of Fiji Club of New Zealand (FCNZ) said.

“ What the government should have done to really and meaningfully help the lower and middle workers was to have no increase in GST, taxation thresholds of income up to $14, 000 and from $14, 001 to $40, 000 be taxed at zero and 12.5% respectively,” Alton Shameem the Chairman of Fiji Club of New Zealand (FCNZ) said.

ENDS

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