Media Release ACT Party
10 September 2014
Immediate Release

Dr Jamie Whyte ACT Leader

ACT says let's have tax cuts that create prosperity

“National’s tax cuts are modest because they are an election bribe for the redistribution of income.

“I am sure when Treasury does its review they will say that the cuts will not assist either growth or jobs,” said Dr Jamie Whyte.

ACT on the other hand puts forward prosperity boosting tax cuts that will attract investment to New Zealand, increase economic growth, create jobs and lift real wages by far more than National’s very modest tax cuts.

The rest of the OECD has been reducing the company tax rate. New Zealand now has one of the highest company tax rates in the world.

ACT’s prosperity boosting tax cuts can be funded without touching the spending on education or health.

Reduce company tax to 12.5% and just get rid of corporate welfare and treat all companies the same.”

ACT Leader Dr Jamie Whyte.

ENDS

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