MEDIA RELEASE

National Party Choose to Campaign on High Tax, High Spend Policy

19 AUGUST 2014
FOR IMMEDIATE RELEASE

The Taxpayers’ Union is slamming Bill English’s indication that the National Party will not offer voters any indication of tax cuts before next month's general election. Speaking to journalists and analysts in the Pre-election Economic and Fiscal Update lock-up, Mr English said National will not be announcing tax cuts prior to the election.

In reaction, Taxpayers’ Union Spokesman, Ben Craven, says:

"New Zealanders have worked hard to get the Government's books back into surplus. Instead of reducing the tax burden, the National Party continue to think that politicians can spend taxpayer money better than the New Zealanders who earned it."

“With GDP growth slowing, now is the time for the Government to give the economy a boost with meaningful tax cuts. Instead, the National Party appear to be following Labour and the Greens into high tax, high spend territory."

“The smaller than expected surplus means that all parties will need to show restraint going into the campaign. Our election ‘Bribe-O-Meter’, launched last week, shows that the combined National and Labour Party promises equal 6852 per household. Without tax cuts to stimulate the economy, the parties will need to slow the promises down if they hope to keep the books in the black."

ENDS

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