Company tax the missing link in Budget debate

BY David Seymour at 23 May, 2017

The media, Government, and Opposition have done Kiwi businesses a disservice by completely ignoring New Zealand’s onerous company tax rate during debate over Budget 2017.

“Every other party wants to blame businesses for social ills and bash them with new regulations and costs. But ACT believes that businesses are the backbone of our economy, and they deserve tax relief,” says ACT Leader David Seymour.

Surplus-drunk National are spending like sailors

BY David Seymour at 23 April, 2017

A centre-right Government shouldn’t boast about throwing $53 million at a Dubai business expo, says ACT Leader David Seymour.

“National are looking like Labour lite, throwing money around like they’ve forgotten it belongs to the taxpayer,” says Mr Seymour.

“What’s the point in electing a National Government when it spends your money like Labour would, and then boasts about it? This is wasteful and unfair corporate welfare that will disproportionately benefit politically-connected businesses.

Ignore the OECD – New Zealanders are overtaxed

BY David Seymour at 18 April, 2017

New Zealand needs to do better than compete with OECD countries on tax rates, says ACT Leader David Seymour.

“The OECD’s recent report actually shows the average New Zealand worker’s tax rate has gone from 15.9% to 17.9% since 2011. ACT says we should be taxing people less, not more.

“We need to do better than beat the likes of France, Belgium, and Greece. These economies are stagnant at best, economic basket-cases at worst.

Why is National increasing taxes?

BY David Seymour at 27 March, 2017

Forget Bill English’s tax cut tease: National continues to raise tax by stealth using bracket creep, says ACT Leader David Seymour.

“Inflation and nominal wage growth continue to push taxpayers into higher tax brackets, even when they’re not getting any richer in real terms.

“This bracket creep costs the average earner almost $500 a year, and the figure keeps going up.

Vaping: Don’t subsidise! Legalise – without excise

BY David Seymour at 2 March, 2017

“There’s no need for taxpayers to subsidise vaping,” says ACT Leader David Seymour.

“If the government legalises nicotine e-cigarettes as planned, there should be a competitive market, with affordable products available wherever you can buy tobacco.

“However, anti-smoking campaigners should be concerned that the government will slap a fat excise tax on nicotine vaping. That’s currently being considered.

“Let’s resist the urge for a cash grab. Taxing e-cigarettes would discourage smokers