Excuses to avoid tax cuts don’t stack up

The Government’s excuses for delaying tax cuts don’t stack up, says ACT Leader David Seymour in the wake of Treasury’s Half Year Update.

“Bill English admitted today that, even after earthquake costs are taken into account, a $473 million surplus remains. So why is Bill English talking down tax cuts when he knows he can afford them?

“We could, for example, update tax brackets to reflect changing incomes. It’s ridiculous that workers enter the top (33%) tax bracket when they earn just $70,000.

Free Press - 5/12/2016

Congratulations to John Key
For eight years, John Key has successfully guided us through a financial crisis, the Rena disaster, and major seismic upheaval. All the while businesses have enjoyed the confidence to grow under a stable, orthodox economic programme. In resigning, John Key has pulled off the rare trick of recognising his own political mortality before having to experience it first-hand. More importantly however is the chance this gives him to reclaim a normal life with his family. He’s certainly earned it.

ACT congratulates John Key

“The ACT Party congratulates John Key on eight years as Prime Minister, and the noble way he has bowed out,” says ACT Leader David Seymour

“Under John’s leadership, the Government has steadfastly maintained New Zealand’s policy settings.  As a result, we remain at the top of almost every international league table for good policy settings. In the long term, all Prime Ministers are judged for the policies they leave behind, and John will be judged well.

Free Press - 28/11/2016

Tax Cuts Endure Earthquake
News of the Kaikoura Earthquake has only temporarily derailed what will be one of the biggest issues in election year. Early estimates of $3 billion in recovery costs won’t come close to absorbing $20 billion of surpluses coming down the line over the next four years. The yesterdays of Labour, the Greens, and New Zealand First inventing things to spend enormous surpluses on are back.  They will campaign on spending enormous amounts of money – yours.

Greens' calculator overpromises

“The Greens have never been up to it when it comes to finance and economics, and their student loan savings calculator, which misleads students, is more proof," says ACT Leader David Seymour.
 

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