Just a quick note at the start for our press gallery friends who live in central Wellington on high incomes. 50% of New Zealanders have an income below $27,000 and 50% of workers earn less than $37,000 a year (all of which is heaps higher than it was under National). The point is this: National’s tax cuts are smaller for those people on middle incomes ($20,000-$40,000) than Labour’s are; $47,000 plus is not middle income.
The political actors weigh in on National’s tax cuts:
ACT: Not enough cut
Greens: More debt and poverty for those on middle incomes (20-40K)
NZF: What are tax cuts when your work rights are lost?
UF: Nats ignore low incomes, UF proposes income splitting (which benefits well-off)
Labour: Gutting Kiwisaver and R&D stupid, families get bigger cuts with Labour
NDU: Workers forgotten by National
EPMU: Top earners win, workers lose
PSA: Job cut fears
SFWU: Nats punish low income workers
NZEI: No service cuts but where’s the commitment to improving education?
CTU: Slashing Kiwisaver, no cuts for low incomes, bad for workers
Business NZ: Small steps in the right direction
Employers’ and Manufacturers’ Association: Tax cuts good, R&D credit cuts bad, Kiwisaver cuts good
Manufacturing and Exporters’ Association: Bad call to cut R&D credit and Kiwisaver
Hardly glowing.
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