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Taxation

Libz Applaud Taskforce Recommendations

Libertarianz leader Richard McGrath today endorsed recommendations made by the 2025 Taskforce that included selling state assets, slashing taxes and public spending, liberalising employment laws and raising the age of eligibility for superannuation.

“The committee is basically advocating the sort of policies that the Libertarianz Party has always promoted. My party is delighted to see these ideas being discussed and debated, as the changes being mooted would benefit all New Zealanders, including those currently trapped in welfare dependency.”

“Cutting government spending is the key. State spending must be pulled back, and people encouraged to let go of Nanny’s apron strings,” said Dr McGrath.

“If the scope of government were limited to those activities concerned with protection of individual rights - justice, policing and national defence - public spending could be even lower than the 29% of GDP suggested by the taskforce.”

“My party heartily supports abolition of the minimum wage as a means of getting unskilled and low-skilled young New Zealanders into the workforce.”

“Coupled with that, we believe no-one earning under $50,000 a year should pay income tax. This would be possible if adequate cuts were made in public spending.”

“We believe government superannuation should be phased out, allowing people to invest their money as they wish, rather than have to rely on the Ponzi scheme where the taxpayers of today are forced to cover current obligations.”

“Libertarianz supports the taskforce’s suggestions that competition be introduced into health and education. We believe in giving New Zealanders the freedom to opt out of the state-provided services and take their dollars elsewhere.”

“The recommendations of the 2025 Taskforce are economically sound and morally just, and my party congratulates Mr Brash and his team for the work they have done.”

“The Prime Minister now has a broad plan for changes that will provide real incentives for productivity and investment, while making our country more competitive and our people wealthier.”

ENDS

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