Labour is committed to a tax system where everyone pays their fair share and where we start to address the imbalances that have fuelled the housing crisis, says Labour’s Finance spokesperson Grant Robertson and Labour’s Revenue spokesperson Michael Wood.
"Today Labour has released its full tax plan, bringing together a number of previous announcements and more detail on the Tax Working Group. Given the amount of misinformation being spread, it is important that we have all the information in one place.
Labour’s Fiscal Plan is robust, the numbers are correct and we stand by them despite the desperate and disingenuous digging from an out-the-door Finance Minister, says Labour’s Finance spokesperson Grant Robertson.
“Steven Joyce has embarrassed himself. This is a desperate, cynical stunt to create a diversion. Our plan has been approved by BERL and they continue to stand by this plan. We stand by this plan. These numbers are robust and I refute Joyce’s allegations.
Bill English's claim that productivity has grown pretty well in New Zealand is wrong, and flies in the face of evidence from his own Government and the view of most commentators, says Labour’s Finance spokesperson Grant Robertson.
“New Zealand has seen no growth in labour productivity in the last four years. In fact we are going backwards, with Treasury seeing 0.03 per cent drop over the past four years. As Bernard Doyle from JB Were has said, ‘New Zealand is in a productivity recession’.
Labour’s Fiscal Plan, updated following last week’s pre-election opening of the Government’s books, shows Labour will deliver a significant investment in core public services while responsibly managing the country’s finances, says Labour’s Finance spokesperson Grant Robertson.
“Labour will invest in better education, affordable housing, greater access to health services and lifting children out of poverty, and we’ll do so without increasing income tax.
Standards of living for the poorest and most vulnerable New Zealanders are being eroded by rising prices for basic living costs, while National has stood idly by, says Labour’s Finance Spokesperson Grant Robertson.
“Statistics New Zealand data released today is cause for concern, showing rising prices for the basics such as rent, electricity and food are pushing the higher cost of living for the lowest income brackets.
A Labour Government will secure the future for New Zealand Superannuation so we can continue to provide superannuation to those retiring at age 65, says Leader of the Opposition Andrew Little.
“One of the first things a Labour-led Government will do is resume payments to the NZ Superannuation Fund, so we can secure its future. National’s failure to invest in the Fund puts the retirement plans of New Zealanders at risk.