Scoop has an Ethical Paywall
Licence needed for work use Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

National's tax plan given the nod by experts

John Key MP

National Party Finance Spokesman


22 August 2005


National's tax plan given the nod by experts

National Party Finance spokesman John Key says Michael Cullen and Helen Clark can no longer credibly claim National's plan for fair tax and family assistance will lead to an increase in interest rates.

"Their argument simply doesn't stack up."

Mr Key is commenting in the wake of independent analysis of the National Party's broad fiscal strategy by Deutsche Bank chief economist Ulf Schoefisch, Westpac chief economist Brendan O'Donovan and Bank of New Zealand research head Stephen Toplis.

"These three agree that our package is unlikely to trigger further interest rate hikes from the Reserve Bank, and I welcome their analysis.

"Workers throughout New Zealand deserve to be rewarded for hard work and enterprise. They should be given the right incentives, and they should be taxed as lightly as possible.

"National's plan for fair tax and family assistance announced today meets those standards."

ENDS

To see the comments from Deutsche Bank chief economist Ulf Schoefisch, Westpac chief economist Brendan O'Donovan and Bank of New Zealand research head Stephen Toplis, visit:

http://www.nzherald.co.nz/index.cfm?c_id=3&ObjectID=10341664

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.