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Friday, August 19, 2005

Rodney hints at scope of National tax cuts

Rodney has hinted in his latest email at the scope of National's tax cuts. No doubt more will follow in the coming hours. We also have the opening political broadcasts on TV One tonight at 1930.

ACT Leader Rodney Hide today praised National’s commitment to cut taxes by $2.2 billion next year and by $3.9 billion in year three.

“It’s a decent cut that will see the top rate of tax and the company rate of tax dropped below 30 percent. That’s just the spur that New Zealand needs.

“National should go the entire distance though and cancel the dopey Cullen Super Fund. Don Brash was right when he called the Cullen Fund “financial smoke and mirrors”.

“Cancelling the Cullen fund would double the size of the tax cut National could deliver next year. That would be a decent tax cut. With ACT in Parliament that will be the tax cut that will be delivered," Mr Hide said.
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Posted by Bernard Woolley | 8/19/2005 04:34:00 PM

3 Comments:

Blogger Paul said...

Well, iI'm for ACT's or National's policies for just one reason only, they are fair and non-redistributive. The difference will be in the matter of degree. But Gordon King makes a very good arguement for flat tax over at nzpundit. An arguemement that I must say I wasn't completely buying into until he put it into our current environment. I urge you all to read it, it is partiularly thoughtful IMHO.

8/19/2005 10:45:00 PM  
Blogger Paul said...

Oh, I still hate Labour, can I say FUCK LABOUR anymore?

8/19/2005 10:45:00 PM  
Blogger Paul said...

I just hope National structure it in a non-pc, non-family-hugging way. Give us your best National, that’s all I say. Moreover, I hope ACT support it, rather than get all negative. I want to see ACT in the next collation.

8/19/2005 10:52:00 PM  

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