Cut Corporate Welfare Before Going After ‘Rich Pricks’

BY ACT at 14 March, 2018


“The Government should be focussed on reducing wasteful spending before introducing new taxes”, says ACT Leader David Seymour.


“$1.6 billion of corporate welfare is doled out to politically-connected businesses each year. If Grant Robertson was able to do away with this expenditure, he would be able to cut the corporate tax rate by 6 percentage points – boosting wages, jobs, and growth – rather than increasing it as he intends.


“The outcome

Govt Easily Blunts Nats’ Corporate Welfare Attack

BY ACT at 28 February, 2018


“This afternoon, we witnessed in striking terms that National is no longer a credible voice for taxpayers”, says ACT Leader David Seymour. 


“During Question Time, Simon Bridges got zero traction while trying to attack the Prime Minister over the Provincial Growth Fund because, until 6 months ago, he was running the corporate welfare policies he is now seeking to discredit.


“Steven Joyce later desperately tried to claim credit for funding all of

Bridges/Jones Corporate Welfare Machine Stutters

BY ACT at 28 February, 2018


“Expect three years of fraud and waste as politicians desperately seek to buy votes and businesses clamour to get their hands on $3 billion of funds”, says ACT Leader David Seymour.


RNZ has revealed that a major shareholder in a project backed by the Provincial Growth Fund has been investigated by the Serious Fraud Office.


“The Cabinet paper setting up the Provincial Growth Fund (PGF) frankly admits that some ventures backed by the

Nats Supremely Hypocritical on NZ First Re-Election Fund

BY ACT at 23 February, 2018


“National doesn’t have a leg to stand on in its criticism of the Government’s Provincial Growth Fund because the fund is simply a continuation of the Nats’ corporate welfare policies”, says ACT Leader David Seymour.


“National’s criticism that the Government’s “only criteria for success… is spending money” is supremely hypocritical.


“By some estimates, National spent about $13 billion on corporate welfare during its time in office, costing the average household several thousand dollars. 


“Film industry subsidies, KiwiRail

Simon Bridges wins Oscar for Best Corporate Welfarist

BY David Seymour at 12 May, 2017

$304 million in grants for the film industry is corporate welfare that should have been used on tax cuts, says ACT David Seymour.

“Simon Bridges just won the Oscar for Best Corporate Welfarist, boasting about giving hundreds of millions in taxpayer dollars to the likes of Warner Brothers and 20th Century Fox.

“Maybe he’s hoping he’ll get to meet Scarlett Johansson. The person he should meet is the average taxpayer who will be spewing