Scoop has an Ethical Paywall
Tax Cuts OR Big Government - Not Both
Tax Cuts OR Big Government - Not Both
Hon Sir Roger Douglas, ACT New Zealand
Wednesday, March 25 2009
National's goal of a top personal, company and trustee tax rate of 30 cents in the dollar is laudable - but it must remember that there is no such thing as a free lunch, ACT New Zealand Finance Spokesman Sir Roger Douglas said today.
"It is pointless setting goals around tax revenue without first looking at the other side of the Government's accounts - the expenditure side," Sir Roger said.
"If we cut taxes without reducing the overall levels of Government spending, then the difference will need to be made up by future generations of tax payers.
"Get real New Zealand - you can't have tax cuts AND big Government," Sir Roger said.
ENDS
Gordon Campbell: On Why We Can’t Survive Two More Years Of This
NZ Government: Drive Safely This Summer
Northland Inc: Game-Changing Investment For Northland - Resilience Fund Allocates $250,000 To Health Simulation & Training Centre
Interchurch Bioethics Council: Church Bioethics Agencies Express Dismay at the Rushed Consultation Period for Submissions on the Gene Technology Bill
New Zealand Police: More Than $2.5m Worth Of Assets Restrained In Undeclared Tobacco Case
SPCA: Survey Shows Government Lacks Mandate To Repeal Live Export Ban
Peace Action Ōtautahi: Bridge Of Remembrance Peace Protest
