Govt Fails to Protect Tobacco Retailers, Punishes Poor

BY ACT at 1 February, 2018


 

“The Government has continued the Nats’ weak approach to protecting tobacco retailers,” says ACT Leader David Seymour.

 

“The Government collects $1.7 billion per year in tobacco tax itself, and $1.9 billion when GST is included. This amount is forecast to grow to $2.2 billion by 2021.

 

“Stuart Nash is returning only $1.8 million, or 0.1% of revenue, to those business owners at most-risk of being robbed, assaulted or even murdered.

 

“Mr


Robertson Continues Nats’ Taxation By Stealth

BY ACT at 15 December, 2017


“Grant Robertson will allow new benefits to rise in line with inflation while tax brackets will remain the same pushing middle income New Zealanders into the highest bracket”, says ACT Leader David Seymour. Mr Seymour has introduced an amendment to the Government’s Families Package Bill which would allow the Minister of Finance to index tax brackets to the rate of inflation, but Labour the Greens and New Zealand First voted against it. “We see the


Labour and National: Brothers from Different Mothers

BY ACT at 14 December, 2017


 

“Bill English and Steven Joyce are crying crocodile tears over tax cuts that never existed”, says ACT Leader David Seymour.

“If National wanted to complain about the new Government raising taxes, it should have cut them instead of just talking a big game when it was in power.

“The new Government’s mini-Budget extends National’s tax and spend approach.

“It is determined to roll out universal welfare programmes like fees-free university and winter energy payments


Five Takeaways from Grant Robertson’s Big Speech

BY ACT at 1 December, 2017


 

Pessimism about the economy 

 

The Finance Minister confirmed that bank economists were warning of dark clouds approaching the New Zealand economy.

 

Business confidence has fallen to an 8-year low on the back of uncertainty over the new Government’s quixotic schemes.

 

Paying lip-service to fiscal discipline

 

In front of a business crowd, Robertson hit the right notes by talking about getting “value for money”.

 

ACT is deeply sceptical.

 


Labour’s Stealthy Land Tax

BY ACT at 29 November, 2017


“The Government’s directive to further restrict the sale of land to overseas investors will wipe millions off working farmers’ hard earned wealth,” says ACT leader David Seymour.

“It’s an outrage that small family-owned farms of only five hectares will see thousands shaved off their land value and our Government punishing Kiwi farmers for their hard work. It’s a stealthy land tax by Labour.

“The Government shouldn’t be getting in the way of a willing buyer