Newsworthy: Tax Cuts – yeah right
16 November 2007 - No. 232
Tax Cuts – yeah right
A selection of comments from the Labour-led Government (matched with Treasury comment) cast doubts on tax cuts under the present regime.
“Tax cuts are a path to
inequality. They are the promises of a visionless and
intellectually bankrupt people”: – Helen Clark –
Labour Party conference 2000
“This healthy fiscal
financial position presents the government with scope to cut
taxes, increase expenditure and build up financial assets”
– Treasury May 2003
“Recommendations: reduce the
higher marginal rates on personal income (33% and 39%), the
marginal rate on company tax (33%) and the high effective
marginal rates at low to medium incomes…Consider tax
reductions alongside potential new spending” – Treasury
October 2005
“People who advocate large tax cuts off
the back of large surpluses should be taken out and quietly
drowned” – Michael Cullen February 2006
“$8.5
million surplus and still no tax cuts? So? What’s the
connection between the two? None, right!” – Michael
Cullen September 2006
“I’d have liked to have done it
[cutting taxes] earlier and I think all our cabinet and
caucus would have, but we’ve never had advice which made
that possible” – Helen Clark on The Agenda Programme
November 2007
National’s policies
It remains unclear
when the election will be but we know it can’t be after 15
November 2008. The last election was on 17 September 2005
so maybe it will be September.
Meanwhile National continues to release its policies – The current summary of released material is:
ECONOMY
• An ongoing programme
of personal tax cuts
• Bring discipline to government
spending
• Boost investment in our over-stretched
infrastructure
• Cut bureaucracy and red
tape
• Reduce pressure on interest rates
LAW &
ORDER
Enhancing Police Tools
• Introduce tasers (if
the taser trial is deemed a success)
• Require DNA to
be taken from people arrested for crimes that could lead to
prison
• Allow police to issue on-the-spot protection
orders to protect families
• Strengthen the bail
laws
Clamping Down on Gangs
• Strengthen the law
that makes it illegal to belong to a criminal
organisation
• Make it easier for police to conduct
surveillance on gangs
• Give police more power to
remove gang fortifications
• Make gang membership a
factor in sentencing
EDUCATION
National Education
Standards
• Set national standards in reading,
writing, and maths
• Assess all primary and
intermediate schoolchildren against these
standards
• Make sure parents get the results
Trades
in Schools
• Introduce school-based
apprenticeships
• Promote trades training for
schools
• Address the technology teacher
crisis
• Develop specialist Trade Academy
Schools
Nuclear Free
• No change to NZ’s
anti-nuclear legislation
Environment
• Regular and
independent state-of-the-environment reporting
• Cut
carbon emissions by 50% by 2050
• Reform the Resource
Management Act to boost renewable energy
• Back
community conservation efforts
Home
Affordability
• Free up the supply of suitable
land
• Cut building compliance costs
• Let state
house tenants buy their homes
State Housing
• No
return to market-based rents
Turbo-Charging Community
Groups
• Remove the cap on tax rebates for
charitable donations
• Full-cost funding to reflect
true costs
• Cut red tape and compliance
costs
Employment Relations Act
• Introduce an
optional 90-day probation period for new
employees
Accident Insurance
• Provide choice for
accident insurance in the workplace.
In addition National has published discussion papers on Health, Aged Care and Foreign Affairs
EFB protest march
In the world of
acronyms EFB is a reference to the Electoral Finance Bill
which the Government is determined to pass and which has for
its very purpose a plan to entrench the present Government
in power.
There is a protest march on Saturday 17 November at 10.30am from the Auckland Town Hall.
Political Quote of the Week
"I always wanted to be someone, but I should have been more specific" - Lily Tomlin - American actress, comedian, writer and producer
Dr Richard Worth
National Party
MP
ends