Scoop has an Ethical Paywall
Why Does National Want To Put Off Prosperity?
The National Party has acknowledged what most business leaders already know - that New Zealand needs a tax cut to promote prosperity and reach the goal of 4 percent growth, ACT leader Richard Prebble says.
"What I don't understand is why National wants to put off prosperity until 2006.
"The McLeod tax report shows that New Zealand could cut the top personal and company tax rates to 28 cents immediately. The cost would be about $2 billion - the same as Dr Cullen's super scheme.
"Savings of $2 billion in government spending could easily be found by not bailing out Air New Zealand, and scrapping Maori TV, Kiwibank, Closing the Gaps and the dole for artists," Mr Prebble said.
ENDS
Advertisement - scroll to continue reading
Gordon Campbell: On Abortion’s Role In The US Election
NZ Defence Force: NZDF Honours Last Māori Battalion Warrior, Sir Robert Nairn Gillies KNZM
The Treasury: Interim Financial Statements Of The NZ Govt For The Three Months Ended 30 September 2024
NZ Labour Party: Labour, Greens And Te Pāti Māori Call On The Prime Minister To Block The Treaty Principles Bill
NZ Taxpayers' Union: Has Simon Watts Forgotten Who The Minister Is?
Department of Conservation: Priority Conservation Projects Open For Donations
NZ Labour Party: Winston Peters Must Apologise
