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Brash to unveil ACT's low-tax strategy

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Thu, 25 Aug 2011 8:40a.m.

Don Brash

Don Brash

ACT leader Don Brash will this morning lay out the party's economic policy at a meeting of business leaders in Auckland - and it's no secret it will feature a significantly lower top tax rate.

Dr Brash says if ACT has a say in running the country, the priority will be to get government spending under control then take the knife to tax rates.

":hat we have to do in New Zealand is increase investment, that's the most important priority frankly for increasing living standards, and you don't increase investment by putting capital gains taxes on."

The policy's due to be unveiled at 9am.

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Comments

26 Aug 2011 06:01p.m.

Davo wrote:

@Aron - we should throw you in the slammer for that opinion. Egocentricity is both a crime and a social disease, and you are one sick puppy.

25 Aug 2011 08:45p.m.

Andrew wrote:

Brash is a desperate old fart isn't he ....

25 Aug 2011 08:10p.m.

george wrote:

Clarke your message is tired and wrong. The left were in power for 9 years through some of the best economic times New Zealand has ever had. With all the money high employment etc did they fix New Zealands social and economic problems? No they have created a society that expects the government to pay and pay and pay. It clearly shows the lefts policies failed. Your comments are just conspiracy theories and scarmongering. National is at least firstly trying to deal with the econmic mess they have inherited and put some accoubtability back into society.

25 Aug 2011 05:25p.m.

John Davis wrote:

Wow more tax cuts for the rich?, America is failing badly from lack of revenue, its been proven these bush tax cuts for the upper bracket never flowed down and created more jobs. We are in the same boat heading down the same old road. Slash funding for other things if you have to but dont mess more with this countrys revenue by taking one step forward in cuts then taking a step back by giving tax cuts to the rich. This isn't about helping nz its about helping the rich, the people Brash and the act party really work for.

25 Aug 2011 04:55p.m.

len wrote:

I thought the dinosaurs died out several million years ago but here they are still alive and in the ACT party

25 Aug 2011 03:28p.m.

Clarke wrote:

This is why people should seriously think about whether to vote to the left or right. On the right you have people like Aron pushing for the government to stop funding education, health and welfare... the "elite".. they are the only ones who will get anything out of a National / Act coalition. They want to take everything away from those in need so that the wealthy can become even wealthier... pretending of course that this will generate a fictional trickle down effect. Well, have any of you seen this so called trickle down effect? most of us are struggling now more than ever before, and brash wants to buddy up with Key and his mates and hack at employment laws, generate an in work training allowance thats 1 or 2 dollars less per hour for 16-18 year olds. Issue each beneficiary with a card, limit the number of years you can get a benefit to 3 years.. its a shame if you are paralised from the neck down with no hope of recovery... try not to live more than 3 years there's a good fulla. New Zealand already has one of the biggest wealth gaps in the developed world and nothing... absolutely nothing that National is campaigning on fixes that for any of us. Act will merely make the wealthy.... wealthier, while taking away your childs right to an education and free health care and likely look at euthanising anyone on a benefit after 3 years... I mean we really could do without all the sick and elderly right?. At least parties on the left want to look after average kiwis, look at taxing the rich here.... as they do in nearly every other developed country with a capital gains tax, which wont raise market rents because it didnt elsewhere and the tax is on the sale of a secondary property, good landlords hold onto their properties for years and look after them well. The left is about looking after the majority of kiwis, the right is about making the wealthy wealthier in the hopes that they wont get too greedy and will share some with the rest of us. Fat chance, sorry.

25 Aug 2011 01:36p.m.

Daisy wrote:

comments are impossible on here as no one is home.

25 Aug 2011 01:25p.m.

Alex wrote:

@Aron: Because a child born into a shitty situation doesn't deserve a shitty life just because their parents can't afford to send them to school? Because it's fucking wrong to say someone deserves to die because they don't have enough money? I hope this gets through despite the profanity, but Jesus, this shouldn't need to be explained to people.

25 Aug 2011 12:27p.m.

Alex wrote:

People who genuinely understand what the National and Act parties stand for and still support them can legitimately be called evil.

25 Aug 2011 11:43a.m.

Aron wrote:

Clarke whats wrong with the idea if you cant afford to go to hospital or send you kids to school hard bloody luck don't expect the government to pay.