Tax. It’s Your Money.
ACT’s fundamental belief is that the Government should spend less of your money. You should keep more of it. You earned it, after all. That goes for both personal income tax that you pay on your salary, and the tax that business owners pay in company tax.
The Government’s accounts are in surplus. The tax taken from New Zealanders exceeds the amount Government is spending – the Government is taking more tax than it needs.
At the same time, taxpayers bear the cost of a large amount of wasteful spending. There are numerous grants and subsidies given out to support businesses and projects that New Zealanders would never voluntarily invest their money in – golf contests, yacht races, research into the Southland accent, and subsidies to some of our biggest companies.
ACT would make savings by cutting corporate welfare, and would use this money to deliver a company tax cut. We would return government surpluses to New Zealanders by delivering a tax cut in every income tax bracket.
- ACT’s Tax Cuts Policy.
- Personal Tax Cut:
ACT has always supported lower, flatter taxes and our policy means nobody will pay more than 25% of their income in tax. Our personal tax cut policy will let every New Zealander keep more of their income. We would cut the tax rate in every income bracket, and eliminate the top tax bracket entirely.
Our tax cuts would take effect on 1 April 2018. This is our tax cut plan:
目前，新西兰人年收入$48,001- $70,000 的税率是30%，收入$70,000以上的税率是33%。根据行动党的减税方案，现行个人所得税的最低税率将从10.5%降低到10%（年收入为0-$14000)，现行中间税率将从17.5%降低到15%（年收入$14,001-$48000)，最高税率将从33% 降低到25%。
ACT would end the stealth tax hikes that occur when inflation pushes people into higher tax brackets. We will do this by requiring the Government to regularly adjust tax brackets for inflation, meaning you only end up paying a higher tax rate if your income increases in real terms.
What will this mean for you? 减税政策对您意味着
A person on the average wage – around $60,000 per year – will keep around $1,500 per year. A person on the full time minimum wage – just over $30,000 will keep $500.
Professional, and middle-income people will benefit from having their top tax rate reduced from 33 cents to 25 cents. ACT’s tax cuts allow people to spend, save and invest more of their own money as they choose.
If the Government had enacted this policy with its previous tax reforms in 2011, the average household would have saved $2500 by now.
- Company Tax Cut
Business owners will also benefit from a tax cut under ACT. ACT’s policy is for the company tax rate to be set at 25%, a reduction from 28%.
Businesses around the country tell us that rather than the National Party’s plans and strategies, and grants and subsidies, the simplest thing that the Government could do to support business growth is a reduction in business taxes. We know that reducing the tax burden on all companies will enable them to grow, take on new staff and pay higher wages.
行动党党魁 David Seymour表示：“政府为支持商业增长所能做的最简单的事情就是减少公司税。我们知道, 减少公司的税务负担将有助于公司的成长、雇用更多新员工、支付员工更高的工资。”
Our cut to the company tax rate is estimated to reduce revenue initially by $1.1 billion per year. We will balance this by reducing spending on corporate welfare – grants and subsidies to businesses.
- Cutting Corporate Welfare
We believe that business growth overall will be better served by reducing the tax burden on all companies, rather than picking winners with taxpayer money. Greater after-tax returns will incentivise greater investment in new businesses and growth of existing businesses.
Naturally, a tax cut means reduced revenue for the Government. ACT supports a balanced budget so our tax cut policy is balanced by surpluses and cuts to wasteful spending. Our income tax cuts are estimated to reduce revenue by $4.4 billion. Government surpluses are growing rapidly.
以下表为例：2016至2017财务年间，因减税造成政府收入减少15.2亿新元, 而通过减少企业福利，行动党为政府节约了11.3亿新元。 这两笔收支接近平衡，而扣除损益后财政仍有盈余29.1亿新元。
- No Cuts to Core Services
Our tax cuts will never require reductions in spending on core public services, that means no cuts to hospitals and doctors, schools and teachers, police, courts or defence.
We believe taxes are paid with the expectation that core public services are available and delivered to a high standard.
- The Cost of Superannuation
Between now and 2037, the cost of not changing the Superannuation Age is a massive $58 billion. That’s the amount that will be paid to 65 and 66 year olds between now and then.
All other parties are being irresponsible on superannuation. National’s tinkering defers any change until 2037, while Labour NZ First and the Greens refuse to make any change at all.
ACT will start raising the age of entitlement in 2020, lifting it by two months per year. This is fairer on younger taxpayers.
“Our policy would mean higher take-home pay for every New Zealander, and nobody paying more than 25% tax.”