Scoop has an Ethical Paywall
Tax Policy Programme a Make Work Scheme
Tax Policy Programme a Make Work Scheme
Thursday 10 Oct 2002 Richard Prebble Press Releases -- Taxation
The Labour government's tax policy work programme is a make-work scheme, ACT leader Richard Prebble said today.
"First the Labour party puts up the top rate of tax to 39 percent and then employs an army of bureaucrats to try to simplify the complications they have caused," Mr Prebble said.
"The government could very easily simplify the tax system by lowering the top rate of tax to the company rate. Very little revenue is raised from the 39 percent tax rate but the costs and complications are considerable.
"Labour's proposal to change the taxation rates on superannuation is only needed because we have a graduated escalating income tax system.
"If the government really wanted to be business friendly it would move to a low flat rate of tax which ACT has shown is affordable and would give New Zealand businesses a competitive advantage in a global economy," Mr Prebble said.
ENDS
Gordon Campbell: On The Hikoi Aftermath
Stats NZ: National Population Estimates: At 30 September 2024 (2018-base)
NZ Government: New Zealand’s COP29 National Statement
Surf Life Saving NZ: Volunteer Lifeguards Make Big Effort To Keep Us Safe, As Paid Lifeguard Service Commences In Northern Region
Action Station: Biggest Ever Community Petition, With Over 200,000 Signatures, Opposes Treaty Principles Bill
Palestinians for Hīkoi mō te Tiriti: Statement From Palestinian Leaders - Hīkoi Mō Te Tiriti Is A Historic Moment For All In Aotearoa
Anglican Church in Aotearoa: Anglican Archbishops To Join Hīkoi Mō Te Tiriti In Wellington
