Budget increases taxes on those in need

ACT regrets an enormous lost opportunity to cut tax for some of those most in need.  Instead, the government has delivered those households a $1200 a year tax increase.

"Currently, the average smoker smokes 10.6 cigarettes per day, taxed at 67c each, making $7.09 per day or $2,588 per year," says ACT Leader David Seymour.

Budget 2016 splashes out on fat corporate welfare cheques

Funding for $761 million in corporate welfare via 'Innovative New Zealand' is an insult to taxpayers, says ACT Leader David Seymour.

"Bill English needs to ‘just say no’ to Steven Joyce’s corporate welfare addiction," says Mr Seymour.

"There is no public appetite for hand-outs to businesses. There is no pressure from the opposition or the media. So who’s been pouring poison into Steven Joyce’s ear?

The biggest thing that’s not in the Budget

Budget 2016 is National’s eighth Budget to ignore New Zealand’s largest fiscal problem, says ACT Leader David Seymour.

“People of my generation don’t expect to get Super at 65, but we would like to know what’s happening. It’s sad that the Government has effectively banned a discussion, let alone action.

“In our lifetime we will go from five taxpayers per superannuitant, to two taxpayers per superannuitant.

“While an impotent opposition has allowed this Government to ignore the issue, history will look back unkindly on our failure to make a plan.

Budget 2016: Do you feel rich at $70K?

People earning $70,000 aren’t rich, and shouldn’t be taxed as though they are, says ACT Leader David Seymour.

“No-one on a five-figure salary should have to pay a 33% tax rate. Seventy thousand was once big money, but inflation and rising wages have pushed more and more workers into this top tax bracket.

“These aren’t rich pricks. These are hard-working Kiwis paying off mortgages and raising families. Yet National taxes them at 33%. The top tax bracket shouldn’t cut in until someone earns at least $100,000.

Free Press - 24/05/2016

Tax Cuts
David Seymour appeared on The Nation this weekend debating the Peter Dunne, the Greens, and the Maori Party.  You can watch the full debate or read the transcript here.  Supporters and opponents agree Seymour dominated the debate.

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