Budget 2017: ACT’s substantial tax cut plan

BY David Seymour at 10 May, 2017


ACT Leader David Seymour today released his party’s proposal for substantial tax cuts.

“ACT’s fundamental belief is that the Government should spend less of your money. The Government is currently forecasting fat surpluses. This excess revenue should be returned to the taxpayer that earned it.

“Our policy is far stronger than the tax bracket tinkering Steven Joyce will announce at the Budget. Our plan means higher take-home pay for every New Zealander, and nobody will


Perfect storm brewing for serious tax cuts

BY David Seymour at 10 May, 2017


“A perfect storm of ballooning surpluses, high private debt, and an impending mortgage squeeze has set the scene for ACT’s proposal to make significant cuts to tax,” says ACT Leader David Seymour, who is set to announce the policy in Auckland tomorrow.

“Steven Joyce is today boasting of a surplus that’s $1.3 billion ahead of forecast. ACT says the surplus shouldn’t be boasted about, but returned to the taxpayers who earned it.

“This comes as


Tax Freedom Day six days late this year: Workin’ Harder for the (tax)Man

BY David Seymour at 8 May, 2017


ACT Leader David Seymour says the late Tax Freedom Day, marked today by accounting firm Staples Rodway, shows how the taxpayer is persecuted under this Government.

“I thought getting rid of the socialists in 2008 meant happy days for taxpayers, but today’s setback leaves us in a crappy haze,” says Mr Seymour.

“Tax Freedom day last year was on May 1, now it is May 8th. In just one year, New Zealanders have lost an extra week to the Government. And to think some people argue about losing an hour to daylight savings!


Tax cuts vital as mortgage squeeze looms

BY David Seymour at 8 May, 2017


Rising inflation will put enormous pressure on the budgets of mortgage-holders – so the Government needs to cut their taxes, says ACT Leader David Seymour.

“The Reserve Bank says that if mortgage rates rise to 7.5 per cent, a typical first home buyer in Auckland will be committing around 70 per cent of income to servicing their mortgage, up from 60 per cent now.


Winston can’t be serious

BY David Seymour at 4 May, 2017


Winston Peters can’t seriously be trying to win the support of the business community, says ACT Leader David Seymour, who has suggested a debate on tax issues.

“Winston’s attempt to campaign on tax cuts is laughable. This is the man who cost taxpayers $5 billion, or $2,950 per household, last time he went into Government with National.