Govt may back track on personal tax cuts

Oh 2008 must have been a bad year for the NATS,rushed in with many promises too the leed up too the elections,just too fall flat on their faces in year 2010 and it is only April.Their leader is like a twisted rail (reverse) the rail.
While he is trying too make himself look like a very popular leader when facing the camera with his smirky smile,but when you see his back when he goes to walk away you can see the daggers sticking out,blood free.like his tax promises and all the other broken promises,but he has not cut short in stuffing up the lives of the pensioners and the very poor people of NZ this I find a coward action kick them in the guts,I am a rich ? it will never ever be felt by me to have too suffer or my family because we are one of those elete money grabbing kind.I am sure that most of the Nats have never ever had to go without.

@Carol: well put.

@Lightseed: We dont expect miracles from Nats. They have done nothing for us as yet. All election promises have been broken, they are a bunch of good for nothings and liars at that. Even if we wait for the actual budget do you think English is going to pull a rabbit out of his hat?! He has already made it abundantly clear he has no magic bullet to offer. Which in short means common man getting stuffed a bit more. Watch this space, if this country gets into any worse situation we won't be able to shelve it out of the mess created by these clowns. We all used to blame the Labour Govt. for being excessive, they were a stable govt. with very far less people on the dole line.

I think you will find that many New Zealanders have been made empty promises.

From National, from employers, from the people who think they control the country.

If the rich get tax cuts they say then this money that they save will flow into the economy and help business to grow.

Well that may be true in a few circumstances but if People like Stephen Versalko who was a well paid investment banker with the ASB are anything to go by, the rich are just going to need this for prostitutes.

But I think New Zealanders are waiting on the flow on benefits to see if these follow as was promised.

I think New Zealand should get ready to be really dissapointed in National and big bussiness yet again.

Soon normal people are going to see that this government benefits them very little, it has actually contributed more to the unemployment lines than any other business entity.

Recent studies show that our doctors are barely able to diagnose many conditions like Foetal Alcohol Syndrome, that we only have 0.8 specialists per 1000 people and many illnesses have no "specialists" here to treat or diagnose them in New Zealand so they are ignored.

We have the third highest child murder rate in the developed world.

Here in Lower Hutt there is up to a years waiting list to get into a G.P's surgery for regular consultations.

So far, as a result of 1500 job cuts, National has hired extra Winz workers.... but why? because they intend to contribute even more to the unemployment lines?.

Have to ask yourself really, what is National actually doing for the country?.

other than making promises it hasnt even begun to keep.

Or breaking ones like "if elected I will not seek to increase GST".

And now, a possible back peddle on the statement "some will be better off, no one will be worse off"

Go On John and Bill, show us what you're made of... truely.

I guess its not so bad for a loser like English who lost the top job a long time ago for being an incompetent

Yes I agree with Gerry. National are looking more and more incompetitant on this.

I have never seen this under the previous administration. Its a band aid government. They don't deserve with being high in the polls. Either they are made up, or New Zealanders are being to patient.

Come on Guys, You pick the crap out of the Government on something treasury say. The same Treasury that told Labour we made a mistake Twice and kept there jobs. If these guys say $10 billion it could be ever way.

This National Government is the most incompetent one we have had in many years, and we have had a few. The razor cuts of the State Sector by Bolger and Jenny, to no avail nothing changed, and now Key. They dither, they can't make decisions, they are not reliable, I think the previous Govt. did a better job they were more stable, and not suffering dementia. I cringe, when I remember I used to be a member of the National Party.

SPC:= True landlords are already increasing the rent on properties.

Yes I agree taxation on savings need to be reduced to encourage savings, and the R & D tax credit should be re-introduced.

Personal tax breaks with a corresponding increase in GST will not benefit the average earner or household.

The government should be introducing a capital gains tax on investment property.

At present, I see no real leadership from both the PM or the finance minister, just bubble gum and tape.

They really do need to show us some balls.

ah no, this is typical media taking a comment and inventing a story with it. The fact is no one will know until English releases the budget what will be in it. Gary again you may wish to hear that actually quote he did not say he would not increase GST, he said he would not increase GST to fulfill two options that a journalist gave to him

Given that some landlords are already increasing rents because of a housing shortage, it is the right time to take some of that money into the tax collection system.

But the money should be invested in the right way - encouraging saving (reduced tax on interest income) and lending to business (small business loan insurance) and business investment (R and D tax incentives).

The GST increase money need only provide sufficient in tax cuts (WFF increases) to cover cost and possible rent increases.

Wider tax cuts should be delayed until a CGT system is in place - major taxation reform.

This is typical of politicians. They are like w****s, perpetually switching beds. Well then they have no cause to increase GST for the common man as they are now backing down from providing us the much publicized tax cuts by Mr.Keys. This is a failed govt., running around like a headless chicken. BRING BACK LABOUR!