National predicts cancellation of future Labour tax cuts

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Wed, 01 Oct 2008 12:00a.m.

John Key

John Key

National has seized on comments by the Finance Minister as a sign of future tax cuts by Labour being cancelled.

Labour's first tax cut in nine years comes in today, with workers keeping up to an extra $28 a week - but Michael Cullen has also remarked that the pre-election economic update being released on Monday is beyond his comfort zone.

National's John Key says that is code for a u-turn coming-up.

He says Dr Cullen cancelled the so called 'chewing gum' tax cuts that were promised before the 2005 election because of overspending.
 
But Michael Cullen is scoffing at that.
 
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Comments

04 Oct 2008 07:27a.m.

homer wrote:

"Maybe someone at ACC HQ has a sense of humour and gives all the National supporters bad cover?"

Alex, have you ever had an accident and has to deal with ACC for it?? I would like to know because you seem to think the department is fine as it is.

03 Oct 2008 03:17p.m.

Alex wrote:

Maybe someone at ACC HQ has a sense of humour and gives all the National supporters bad cover?

02 Oct 2008 04:54p.m.

cyril wrote:

Amen Alien and Alex. The ACC system is expensive shit. Ive been self employed and paying in excess of $6000/year and apart form the odd doctors bill every time ive needed them they have found a technicality not to pay out. All I get from them is BILLs.

01 Oct 2008 07:15p.m.

Glenn wrote:

Alex, ACC is crap now anyway, have an accident and have difficulty getting cover. What is so good about it now??

01 Oct 2008 05:38p.m.

Alex wrote:

What do you think is going to happen to ACC, with much less money, when National "introduces competition"? It'll get run down, and National won't mind because that's their instinct. We'll be left with private insurers who are notoriously bad at actually helping people. All they want is a profit.

01 Oct 2008 02:37p.m.

Alien wrote:

Deane, you are a good myth teller. ACC will not be privatised, but you seem to keep moronically pushing this theory. What is happening which already happens but you can't understand that either. Is that people will have the option to either stay with ACC, or to have a private ACC cover. At the moment you still pay for the public ACC while paying for the private. They are not doing away with ACC as you so silly keep trying to push, please educate yourself on the policies that way you don't keep towing the labour line of misinformation.

01 Oct 2008 11:39a.m.

Deane, HAMILTON wrote:

Well. John needs to look at his own camp. Under current economic and financial situation. National can not afford tax cuts at the level they promised.

Any cut will be inflationary. Any borrowing will hike interest rates.

Any privatisation of ACC will leave many with out cover in the near future if this happens again.

Its time National and the media come clean about the situation.

01 Oct 2008 11:33a.m.

Alien wrote:

cullen does have a history of telling porkies about tax cuts, and legislation was rushed through this time because he goes back on his word too often with regards to them.