Posts Tagged ‘tax cuts’

The 40 cent tax cut

Written By: - Date published: 1:37 pm, May 6th, 2008 - 17 comments

National and some of the more wacky commentators are complaining that the $655 million used by the Government to buy back the rail stock should have been used, instead, to fund tax cuts. Now, there’s a crucial difference between a tax cut and a one-off capital purchase. And it’s that you only pay once for […]

Put it on the kids’ tab

Written By: - Date published: 12:00 pm, April 29th, 2008 - 6 comments

Some may have noted an odd series of questions in Parliament and press releases from Bill English around government borrowing over the last month. The questions purposely conflated the idea of maintaining current debt levels with increasing debt. We noted this at the time and Tane correctly picked the strategy: First, sow confusion about debt […]

Possible $1.5b in tax cuts in 2008

Written By: - Date published: 2:55 pm, December 18th, 2007 - 43 comments

From Stuff: Cullen said “uncertainties” still existed, but Treasury had “significantly” lifted its revenue forecasts which meant the $1.5b in tax cuts in addition to more spending could be factored in to the budget. “This figure is very soft as no decisions have been taken on the timing, size, shape or scope of our personal […]

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