Positions on tax cuts: a summary

Written By: - Date published: 3:53 pm, February 13th, 2008 - 33 comments
Categories: tax - Tags:

taxcuts_h-726000.jpgBoth the Labour-led government and National have promised income tax cuts to follow the government’s family and business tax cuts. Neither has given any details except there will be multi-year programmes of cuts.

The point of difference is that Labour has four conditions that their cuts will satisfy while National rejects those conditions.

So in summary, their positons are this:

Government: Let’s cut taxes in a way that doesn’t increase inequality

National: Let’s not

Government: Let’s cut taxes in a way that doesn’t increase inflation

National: Let’s not

Government: Let’s cut taxes in a way that doesn’t mean public services have to be cut

National: Let’s not

Government: Let’s not borrow for tax cuts

National: Let’s

33 comments on “Positions on tax cuts: a summary ”

  1. Daveo 1

    Good summary. I’d rather see the surplus go to something like buying back our assets or reversing the ’91 benefit cuts but if it’s gonna happen then it’s better for everyone that Cullen’s in charge. I’d hate to see what tax cuts would look like under Key. Probably a lot like this:
    http://news.google.co.nz/news/url?sa=t&ct=nz/1-0&fp=47b2bc6e5cb0bf70&ei=YV6yR82TCqiGqwOvh8CcDQ&url=http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10491740&cid=1131722858)

  2. The Double Standard 2

    Gee Steve, you must have worked long and hard on that post. How about this take:

    Government: Let’s cut taxes in a way that shafts the rich pricks.

    National: Let’s not. After all they already pay most of the tax

    Government: Let’s cut taxes in a way that doesn’t increase inflation, after all, we have already cranked inflation up really high with massive increase in government spending.

    National: Lets look critically at govt spending, and let the reserve bank manage inflation (BTW, look what happened to interest rates in Aus after they elected Labor)

    Government: Let’s create fear, uncertainty, and doubt about the National bogeymen

    National: Let’s keep important services

    Government: Let’s not borrow for tax cuts, but instead use PPP’s that we publically ruled out a few months ago for infrastructure

    National: Let’s borrow where sensible to fund long lived assets.

  3. Daveo 3

    TDS- we all know you’re a troll employed by the Nat research unit – all you do is run attack lines from your desk in Parliament. Try something new.

  4. The Double Standard 4

    Daveo – yawn. Are you keeping Mr Porton company today? It just makes you look like his sycophant.

    Since you seem so certain perhaps you can post some proof?

  5. Hey TDS – I notice you’ve really stepped it up today bro. Um, when did parliament open again?

    Actually come to think of it you stopped commenting the whole time the unit was on holiday. What a sweet gig – d’ya reckon they’d pay me to comment on the standard too?

  6. Steve Pierson 6

    Daveo. Agree with what you say. especailly on asset buyback. Would be great to see someone, maybe the Greens, make this a election policy.

    Double. I prefer my version. Punchier.

  7. Daveo 7

    Hate to sound like sod’s sycohpant TDS, but I think he got you there. Sorry bro, back to making coffee for Kevin Taylor I guess. If you’re lucky he might even let you work in the archives for a bit.

    Tell me, do they still have John Ansell working out of a cupboard?

  8. The Double Standard 8

    Its easy to be punchier when you are being economical with the truth.

  9. BeShakey 9

    DS – In tresponse to

    Your first claim: how is ensuring that any tax cuts don’t increase inequality ‘shafting the rich pricks’? Unless of course they get their shits and giggles from laughing at poor people.

    Second claim: is National going to slash government spending and if so, where? Do booming local and international markets have any impact on inflation? Does low unemployment (and if so, what policies do you think should be introduced to force people out of their jobs?).

    Third claim: is this a denial that National has a history of cutting public services? Or is it simply that they won’t do it this time? And if that’s the case, exactly where are they getting the money for tax cuts from, when they’ve said it’s impossible to meet the four tests and give tax cuts?

    Last claim: How did tax cuts get defined as infrastructure, and a long term asset? More than a little disingenious to try to equate borrowing to fund consumption with borrowing to fund infrastructure development.

  10. Steve Pierson 10

    Double. What are “imporant services”? What would you cut? Detail please not “we’ll get rid of waste” anyone can say that.

  11. mike 11

    I’d say TDS’s response was fairly accurate. Steve’s post implies National would do the opposite to the conditions which is rubbish.
    The four “tests “are a con job to make it appear Cullen tax policy is considered.
    Its an election year bribe pure and simple and the NZ public are not as silly as believe otherwise.
    Also Steve WFF is wefare not tax relief.

  12. The Double Standard 12

    More than a little disingenious to try to equate borrowing to fund consumption with borrowing to fund infrastructure development.

    Except when Cullen does it?

    Steve – I don’t know any more about the Nats policies than I read in the paper. However I do know double standards when I see them here. I see Helen is promising to tip half a billion or so into the economy. I’m wondering how that will affect inflation?

    BeShakey – define inequality as Cullen sees it then.

  13. Daveo 13

    I don’t know any more about the Nats policies than I read in the paper.

    That’s crap – you work for the National party and they’ve got you on attack troll duty.

  14. I don’t know any more about the Nats policies than I read in the paper.

    Come on bro, you can do better than that.

  15. Daveo 16

    Ha! Looks like Sod’s my sycohpant now. Hey TDS I’m off to Parliament soon for a meeting – care to catch up for a coffee?

  16. Daveo 17

    Sod- we both said ‘Ha!’. This is getting creepy.

  17. Steve Pierson 18

    Double. that may well be, but I want to know: If you support a party that would keep only “importnat services” what do you think should be cut?

  18. Benodic 19

    Steve, Steve, don’t be silly. They’ve already answered you over at http://www.wastewatch.co.nz

    Oh, that’s right, they haven’t.

  19. BeShakey 20

    “Except when Cullen does it?”

    Is that the standard line now? How can we Key’s love in with Tame Iti when it was OK when Cullen did it? It’s actually kind of hard to respond to because it’s such a staggeringly stupid comment.

    “BeShakey – define inequality as Cullen sees it then.”

    Unlike you, I can’t just wander down the hallway to ask him. Why don’t you propose a PQ on it?

  20. outofbed 21

    hey Rob do you remember when DPF used to post as Santa claws
    some of the words used and terminology was so similar to the bog posts it had to be the same person?
    Well then was change to TDS
    Gee it all makes perfect sense now It was the “unit’ the whole time

  21. outofbed 22

    whoops “Well then was a change to TDS”

  22. The Double Standard 23

    “importnat services’

    Freudian slip there Steve? After all, Cullen is so committed to tax cuts that Helen needs to keep back-stopping him in the media

    “But Miss Clark said today that Dr Cullen’s preconditions would not make cutting taxes impossible.”

    http://www.stuff.co.nz/4396881a6160.html

    And Daveo, you and Michael performing a circle-j*** doesn’t constitute proof. Why don’t you admit you are just making stuff up as a lame attempt to divert attention from Cullen’s bankrupt ‘preconditions’.

  23. Bro, you’re not fooling anyone. Here’s the thread where you really gave yourself away:

    http://www.thestandard.org.nz/?p=858

    I’m kinda flattered that a pro like yourself his the time to dally with little ol’ me though…

    Oh and you never answered Daveo – do they still keep John in that little cupboard of an office?

  24. Dean 25

    Very well done spin job, but it just doesn’t stack up.

    Government: Let’s cut taxes because we’re behind in the polls and it’s election year.

    I mean, how else could you explain it, given Cullen having previously stated “We just don’t believe in tax cuts – it’s against our fundamental philosophy – after all we are socialists and proud of it”.

    Or Clark’s clanger – “Tax cuts are a path to inequality. They are the promises of a visionless and intellectually bankrupt people”.

    You can argue that these quotes are taken out of context and that conditions are more favourable now than then and more readily facilitate tax cuts, but you’d be dead wrong there, too. We’re facing an operating defecit.

    And I’d love to know how Labour’s proposed tax cuts won’t increase inflation, but then I suspect it’s hard to answer meaningfully when you ask people who’d call Working For Families a “tax credit” instead of what it really is – welfare. Either that’s how utterly confused Labour supporters are on this issue, or they swallow the spin so readily they can’t see the difference.

  25. Billy 26

    Steve,

    Were I you, I’d step back a bit. You’re all breathless sychopancy and cheerleading wah-wah. Give Irishbill have more head. He’s got a nice healthy cynical take on things. You sound like you may very well be Clayton Cosgrove’s nephew, or something equally unimposing.

  26. Dean 27

    Billy,

    Can you get banned, please?

    That’d be great.

  27. Yeah Billy, he could be a struggling rightie living out his fantasies of intellectual superiority by posting snide comments on a left-wing blog. Oh no, hold on. That’s you. Jeez I always get folk mixed up…

  28. The Prophet 29

    Yeah Billy!

    You’d never hear Sod posting snide comments.

    He’s got the moral high ground on this one.

    Dean, meanwhile, just wants everyone he disagrees with banned.

    The standard, at the Standard, is very sub standard since they brought out the banning stick.

    Power goes to some peoples heads.

  29. Billy 30

    When you make a snide post, you should expect snide comments.

  30. Dull, Billy, very dull…

  31. Dean 32

    “Dean, meanwhile, just wants everyone he disagrees with banned.”

    Not everyone, but I guess misrepresenting people is something you’d like to consider a forte. Just the trolls who like to wheel out the personal insults. But if you’d like to be included I won’t be losing any sleep.

Links to post

Recent Comments

Recent Posts

  • New measures to protect powerlines from trees
    Energy Minister Simeon Brown has announced that the Government will make it easier for lines firms to take action to remove vegetation from obstructing local powerlines. The change will ensure greater security of electricity supply in local communities, particularly during severe weather events.  “Trees or parts of trees falling on ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Wairarapa Moana ki Pouakani win top Māori dairy farming award
    Wairarapa Moana ki Pouakani were the top winners at this year’s Ahuwhenua Trophy awards recognising the best in Māori dairy farming. Māori Development Minister Tama Potaka announced the winners and congratulated runners-up, Whakatōhea Māori Trust Board, at an awards celebration also attended by Prime Minister Christopher Luxon and Finance Minister ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • DJ Fred Again – Assurance report received
    "On the 27th of March, I sought assurances from the Chief Executive, Department of Internal Affairs, that the Department’s correct processes and policies had been followed in regards to a passport application which received media attention,” says Minister of Internal Affairs Brooke van Velden.  “I raised my concerns after being ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • District Court Judges appointed
    Attorney-General Judith Collins has announced the appointment of three new District Court Judges, to replace Judges who have recently retired. Peter James Davey of Auckland has been appointed a District Court Judge with a jury jurisdiction to be based at Whangarei. Mr Davey initially started work as a law clerk/solicitor with ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Unions should put learning ahead of ideology
    Associate Education Minister David Seymour is calling on the Post Primary Teachers’ Association (PPTA) to put ideology to the side and focus on students’ learning, in reaction to the union holding paid teacher meetings across New Zealand about charter schools.     “The PPTA is disrupting schools up and down the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Craig Stobo appointed as chair of FMA
    Commerce and Consumer Affairs Minister Andrew Bayly today announced the appointment of Craig Stobo as the new chair of the Financial Markets Authority (FMA). Mr Stobo takes over from Mark Todd, whose term expired at the end of April. Mr Stobo’s appointment is for a five-year term. “The FMA plays ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Budget 2024 invests in lifeguards and coastguard
    Surf Life Saving New Zealand and Coastguard New Zealand will continue to be able to keep people safe in, on, and around the water following a funding boost of $63.644 million over four years, Transport Minister Simeon Brown and Associate Transport Minister Matt Doocey say. “Heading to the beach for ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Zealand and Tuvalu reaffirm close relationship
    New Zealand and Tuvalu have reaffirmed their close relationship, Foreign Affairs Minister Winston Peters says.  “New Zealand is committed to working with Tuvalu on a shared vision of resilience, prosperity and security, in close concert with Australia,” says Mr Peters, who last visited Tuvalu in 2019.  “It is my pleasure ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand calls for calm, constructive dialogue in New Caledonia
    New Zealand is gravely concerned about the situation in New Caledonia, Foreign Minister Winston Peters says.  “The escalating situation and violent protests in Nouméa are of serious concern across the Pacific Islands region,” Mr Peters says.  “The immediate priority must be for all sides to take steps to de-escalate the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand welcomes Samoa Head of State
    Prime Minister Christopher Luxon met today with Samoa’s O le Ao o le Malo, Afioga Tuimalealiifano Vaaletoa Sualauvi II, who is making a State Visit to New Zealand. “His Highness and I reflected on our two countries’ extensive community links, with Samoan–New Zealanders contributing to all areas of our national ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Island Direct eligible for SuperGold Card funding
    Transport Minister Simeon Brown has announced that he has approved Waiheke Island ferry operator Island Direct to be eligible for SuperGold Card funding, paving the way for a commercial agreement to bring the operator into the scheme. “Island Direct started operating in November 2023, offering an additional option for people ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Further sanctions against Russia
    Foreign Minister Winston Peters today announced further sanctions on 28 individuals and 14 entities providing military and strategic support for Russia’s invasion of Ukraine.  “Russia is directly supported by its military-industrial complex in its illegal aggression against Ukraine, attacking its sovereignty and territorial integrity. New Zealand condemns all entities and ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • One year on from Loafers Lodge
    A year on from the tragedy at Loafers Lodge, the Government is working hard to improve building fire safety, Building and Construction Minister Chris Penk says. “I want to share my sincere condolences with the families and friends of the victims on the anniversary of the tragic fire at Loafers ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Pre-Budget speech to Auckland Business Chamber
    Ka nui te mihi kia koutou. Kia ora and good afternoon, everyone. Thank you so much for having me here in the lead up to my Government’s first Budget. Before I get started can I acknowledge: Simon Bridges – Auckland Business Chamber CEO. Steve Jurkovich – Kiwibank CEO. Kids born ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand and Vanuatu to deepen collaboration
    New Zealand and Vanuatu will enhance collaboration on issues of mutual interest, Foreign Minister Winston Peters says.    “It is important to return to Port Vila this week with a broad, high-level political delegation which demonstrates our deep commitment to New Zealand’s relationship with Vanuatu,” Mr Peters says.    “This ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Penk travels to Peru for trade meetings
    Minister for Land Information, Chris Penk will travel to Peru this week to represent New Zealand at a meeting of trade ministers from the Asia-Pacific region on behalf of Trade Minister Todd McClay. The annual Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade meeting will be held on 17-18 May ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister attends global education conferences
    Minister of Education Erica Stanford will head to the United Kingdom this week to participate in the 22nd Conference of Commonwealth Education Ministers (CCEM) and the 2024 Education World Forum (EWF). “I am looking forward to sharing this Government’s education priorities, such as introducing a knowledge-rich curriculum, implementing an evidence-based ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Education Minister thanks outgoing NZQA Chair
    Minister of Education Erica Stanford has today thanked outgoing New Zealand Qualifications Authority Chair, Hon Tracey Martin. “Tracey Martin tendered her resignation late last month in order to take up a new role,” Ms Stanford says. Ms Martin will relinquish the role of Chair on 10 May and current Deputy ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Joint statement of Christopher Luxon and Emmanuel Macron: Launch of the Christchurch Call Foundation
    New Zealand Prime Minister Christopher Luxon and President Emmanuel Macron of France today announced a new non-governmental organisation, the Christchurch Call Foundation, to coordinate the Christchurch Call’s work to eliminate terrorist and violent extremist content online.   This change gives effect to the outcomes of the November 2023 Call Leaders’ Summit, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Panel announced for review into disability services
    Distinguished public servant and former diplomat Sir Maarten Wevers will lead the independent review into the disability support services administered by the Ministry of Disabled People – Whaikaha. The review was announced by Disability Issues Minister Louise Upston a fortnight ago to examine what could be done to strengthen the ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Minister welcomes Police gang unit
    Today’s announcement by Police Commissioner Andrew Coster of a National Gang Unit and district Gang Disruption Units will help deliver on the coalition Government’s pledge to restore law and order and crack down on criminal gangs, Police Minister Mark Mitchell says. “The National Gang Unit and Gang Disruption Units will ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand expresses regret at North Korea’s aggressive rhetoric
    Foreign Minister Winston Peters has today expressed regret at North Korea’s aggressive rhetoric towards New Zealand and its international partners.  “New Zealand proudly stands with the international community in upholding the rules-based order through its monitoring and surveillance deployments, which it has been regularly doing alongside partners since 2018,” Mr ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Chief of Defence Force appointed
    Air Vice-Marshal Tony Davies MNZM is the new Chief of Defence Force, Defence Minister Judith Collins announced today. The Chief of Defence Force commands the Navy, Army and Air Force and is the principal military advisor to the Defence Minister and other Ministers with relevant portfolio responsibilities in the defence ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government puts children first by repealing 7AA
    Legislation to repeal section 7AA of the Oranga Tamariki Act has been introduced to Parliament. The Bill’s introduction reaffirms the Coalition Government’s commitment to the safety of children in care, says Minister for Children, Karen Chhour. “While section 7AA was introduced with good intentions, it creates a conflict for Oranga ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Defence Minister to meet counterparts in UK, Italy
    Defence Minister Judith Collins will this week travel to the UK and Italy to meet with her defence counterparts, and to attend Battles of Cassino commemorations. “I am humbled to be able to represent the New Zealand Government in Italy at the commemorations for the 80th anniversary of what was ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Charter schools to lift educational outcomes
    The upcoming Budget will include funding for up to 50 charter schools to help lift declining educational performance, Associate Education Minister David Seymour announced today. $153 million in new funding will be provided over four years to establish and operate up to 15 new charter schools and convert 35 state ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • COVID-19 Inquiry terms of reference consultation results received
    “The results of the public consultation on the terms of reference for the Royal Commission into COVID-19 Lessons has now been received, with results indicating over 13,000 submissions were made from members of the public,” Internal Affairs Minister Brooke van Velden says. “We heard feedback about the extended lockdowns in ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • The Pacific family of nations – the changing security outlook
    Foreign Minister, Defence Minister, other Members of Parliament Acting Chief of Defence Force, Secretary of Defence Distinguished Guests  Defence and Diplomatic Colleagues  Ladies and Gentlemen,  Good afternoon, tēna koutou, apinun tru    It’s a pleasure to be back in Port Moresby today, and to speak here at the Kumul Leadership ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ and Papua New Guinea to work more closely together
    Health, infrastructure, renewable energy, and stability are among the themes of the current visit to Papua New Guinea by a New Zealand political delegation, Foreign Minister Winston Peters says.   “Papua New Guinea carries serious weight in the Pacific, and New Zealand deeply values our relationship with it,” Mr Peters ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Driving ahead with Roads of Regional Significance
    The coalition Government is launching Roads of Regional Significance to sit alongside Roads of National Significance as part of its plan to deliver priority roading projects across the country, Transport Minister Simeon Brown says.  “The Roads of National Significance (RoNS) built by the previous National Government are some of New Zealand’s ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand congratulates new Solomon Islands government
    A high-level New Zealand political delegation in Honiara today congratulated the new Government of Solomon Islands, led by Jeremiah Manele, on taking office.    “We are privileged to meet the new Prime Minister and members of his Cabinet during his government’s first ten days in office,” Deputy Prime Minister and ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New Zealand supports UN Palestine resolution
    New Zealand voted in favour of a resolution broadening Palestine’s participation at the United Nations General Assembly overnight, Foreign Minister Winston Peters says.    “The resolution enhances the rights of Palestine to participate in the work of the UN General Assembly while stopping short of admitting Palestine as a full ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to the 2024 Infrastructure Symposium
    Introduction Good morning. It’s a great privilege to be here at the 2024 Infrastructure Symposium. I was extremely happy when the Prime Minister asked me to be his Minister for Infrastructure. It is one of the great barriers holding the New Zealand economy back from achieving its potential. Building high ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $571 million for Defence pay and projects
    Defence Minister Judith Collins today announced the upcoming Budget will include new funding of $571 million for Defence Force pay and projects. “Our servicemen and women do New Zealand proud throughout the world and this funding will help ensure we retain their services and expertise as we navigate an increasingly ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Climate change – mitigating the risks and costs
    New Zealand’s ability to cope with climate change will be strengthened as part of the Government’s focus to build resilience as we rebuild the economy, Climate Change Minister Simon Watts says. “An enduring and long-term approach is needed to provide New Zealanders and the economy with certainty as the climate ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Getting new job seekers on the pathway to work
    Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Accelerating Social Investment
    A new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says.  “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Getting Back on Track
    Check against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with  your Board and team, for hosting me.   I’d like to acknowledge His Worship ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ – European Union ties more critical than ever
    Your Excellency Ambassador Meredith,   Members of the Diplomatic Corps and Ambassadors from European Union Member States,   Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us.   Ladies and gentlemen -    In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations.   ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Therapeutic Products Act to be repealed
    The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
    BeehiveBy beehive.govt.nz
    2 weeks ago

Page generated in The Standard by Wordpress at 2024-05-19T04:42:04+00:00