National's fiscals in disarray

Two weeks out from the election, the National Party is in disarray over their fiscals and can't explain what their tax policy is, says the Green Party.

"National's economic plan for the election is a mess. John Key and Bill English can't even say what level of tax cuts they will offer in three years' time or who will even get them," said Green Party Co-leader Dr Russel Norman.

"National are hypocritical. They attacked the clearly set out and detailed fiscal plans of opposition parties, but can't even set out the basics of a tax cut, like how much it will be and who will get it.

"Show us the money, Mr Key?

"John Key is going into this election asking people to vote for the idea of tax cuts that may or may not happen.

"New Zealanders have an electoral choice to make, very small and uncertain tax cuts in three years' time under National, or tax cuts and reducing child poverty now under the Green Party.

"The Green Party is offering New Zealanders an immediate $1 billion tax cut funded by a charge on carbon.

"Not only will we transform our economy by setting it on a low carbon pathway, Kiwi homes and businesses will get an immediate and certain tax cut starting in 2015. The average household will be more than $300 a year better off.

"The Green Party will raise the minimum wage of the working poor by $1 a year and spend $1 billion to reduce child poverty. These are costed plans that we can implement immediately.

"National has set aside only $2.1 billion of further spending to maintain service levels in health and education, however $3.6 billion is needed over the next three years simply to maintain current service levels in these two key areas.

"National is underfunding health and education by at least $1.5 billion according to our analysis conducted by BERL.

"The size of the possible tax cuts almost exactly matches the real cuts to health and education that they're promising.

"National has revealed they don't have a plan for our economy and are relying on loose promises that may or may not happen."

Latest Finance Announcements

Story

Inquiry into COVID-19 economic response necessary

The Green Party is again calling on the Government to review the economic response to COVID-19, as the Reserve Bank of New Zealand puts up the Offi...
Read More

Story

Budget 2022: James Shaw Budget Speech

CHECK AGAINST DELIVERY Mr Speaker, It has taken four-and-a-half years to even start to turn the legacy of inaction and neglect from the last time t...
Read More

Story

Rising household costs hurting low-income people

The Green Party says the Government needs to do more for those on the lowest incomes as inflation outpaces wage and benefit increases.
Read More

Story

Greens call for urgent action to fix tax system

The Green Party is urging the Government to take urgent action to create a fairer tax system that works for all New Zealanders.
Read More

Story

Urgent action needed to soften inflation blow for low income NZers

The Green Party says urgent action is needed to soften the blow of inflation for New Zealanders on the lowest incomes.
Read More

Story

Liveable incomes and rent controls, now

Stats NZ’s monthly rental and food price indexes released today continue to show that over the last 12 months the essentials have gotten increasing...
Read More