Positions on tax cuts: a summary

• Steve Pierson
• 16 years ago
• Categories: tax
• Tags: tax

Both 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