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


Fees-Free’s Fatal Flaw

BY ACT at 8 March, 2018


 

“Chris Hipkins has confirmed the Government will this year waste about $38 million of taxpayer money on its flagship fees-free policy”, says ACT Leader David Seymour.

 

“In response to a select committee question, Hipkins said the dropout rate for first year students studying a bachelor’s degree was 14 per cent.

 

“‘Fees-free’ will cost $275 million this year, so New Zealanders can except about $38 million of their taxes to deliver exactly nothing.


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


Jones Will Send NZ Down Corruption Perceptions Index

BY ACT at 25 February, 2018


 

“Jacinda Ardern needs to tell Shane Jones to pull his head in after he said he wants to personally sign $19.9 million cheques from the Provincial Growth Fund”, says ACT Leader David Seymour.

 

“Shane Jones is not known for his self-control.

 

“If we can’t trust him with a ministerial credit card, how on earth can we expect him to show restraint with a $3 billion fund and NZ First’s political survival hanging