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

 

Retired Kiwis Better Off Under National’s Tax Cuts

A retired couple will be $1000 better off under National’s tax stimulus package, National’s Finance spokesperson Paul Goldsmith says.

“Under National’s tax policy, a single superannuitant would be $560 better off, with a couple pocketing an extra $1000.

“The Winter Energy Payment and the SuperGold Card also remains safe under a National Government, making New Zealand a better place for our ageing population.

“The SuperGold card provides discounts for seniors to enjoy restaurants and cafes across the country. Coupled with our tax stimulus, we will encourage people to get out and support the hospitality sector to recover from the economic crisis.

“This is before taking into account the increase in the after-tax average wage as a result of the tax cuts, which will deliver even further savings for superannuitants.

“National’s tax cuts are in direct contrast to Labour’s plan of higher taxes.

“If Labour implemented a wealth tax it would force those superannuitants who are asset rich but cash poor to pay thousands of dollars in tax on their assets every year.

“Rather than respecting New Zealanders who have worked hard all their lives contributing to our economy, Labour instead wants to punish them.

“Labour has refused to rule out taxing people more if they win the election. Their first instinct is to raise your taxes when times get tough. And times are tough right now.

“We’re facing the deepest recession in living memory, New Zealanders losing their jobs, we taking on enormous debt, and businesses are struggling.

“New Zealand needs a Government who can steady the ship, with a comprehensive plan to grow the economy and create jobs. Only National has put forward policy that will do just that. All Labour has offered is a day off, higher taxes and a ban on banana stickers.

“The choice is clear this election, National will put more money in superannuitants pockets while a Labour-Greens Government will come after you with a Wealth Tax on your hard-earned assets.”

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On How The US Supreme Court Is Undermining American Democracy

If Joe Biden is elected President next week, here comes the bad news. If Biden tries to defend Obamacare, combat climate change (via say, a variant of the Green New Deal) or tries to improve the access of US women to abortion services , he will run afoul of a Supreme Court dominated by judges likely to rule that such matters must be left to the states like Missouri and Alabama to manage as they see fit. Meaning: Even if Biden had a radical agenda, this would be unlikely to survive the current bench on the Supreme Court... More>>

 

Gordon Campbell: On National Being Shafted By Its Own Creation

As it licks its wounds, let’s hope the National Party can still find time to look back with some pride at what it has achieved in Epsom. The Act Party’s nationwide success on Saturday night has been a tribute to National’s foresight, and to its ... More>>

ALSO:

Green Party: 'Fruitful Discussions ... Further Discussions To Have'

The Green Party says there is a negotiation going on with the Labour Party, but there are more discussions to be had. More>>

ALSO:


Border: No Changes To Border Exemptions After Fishing Crew Test Covid-19 Positive

The cases were detected after routine day three testing but the immigration minister and air commodore agree there's no need to change border exemptions. More>>

PSA: Labour-Led Government Has Mandate For Transformation, Equality And Transparency

The Public Service Association welcomes the progressive electoral landslide New Zealand voters delivered on Saturday, and the union says its members look forward to implementing policies that reduce poverty and inequality, support affordable housing ... More>>

ALSO:


Election: ParityBOT_NZ Processed Nearly 200,000 Tweets To Find And Fight Online Abuse Over The NZ Election

Auckland, New Zealand: Of the almost 200,000 tweets directed at women candidates that Areto Labs’ proprietary election Twitter bot, ParityBOT_NZ, processed over the New Zealand election period, nearly 4,000 were classified as toxic and triggered ... More>>

Stats NZ: New Report Shows Significant Changes To New Zealand’s Climate

Climate change is already happening in New Zealand and could have a profound impact on future generations of New Zealanders, a new report from the Ministry for the Environment and Stats NZ says. Our atmosphere and climate 2020 , released today, includes analysis ... More>>

ALSO:

Judith Collins: Obese People Must Take Responsibility For 'personal Choices'

National Party leader Judith Collins has described obesity as a weakness and says people should not 'blame systems for personal choices'. More>>

Māori Party: Poll Reveals Tamihere On Cusp Of Historic Māori Movement Election Victory

John Tamihere’s election campaign is on the rise and on track to return the Māori Party to parliament, a new Māori TV poll has revealed. The poll released on 11 October during the seventh and final Māori TV Maori Electoral campaign coverage has Tamihere ... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels