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Introduction
"It’s time to face reality on the superannuation age, and gradually increase the age of eligibility starting now instead of waiting ‘til it’s harder," says ACT Leader David Seymour.
"ACT’s Real Change Budget released today would reward our best and hardest working teachers," says ACT’s education spokesperson Chris Baillie.
Create a simple two-rate tax system: 17.5 per cent and 28 per cent Less tax for every earner Have NZ in surplus next year, pay down debt faster Scrap the rental tax and bright-line test Pay good teachers more Share GST with councils for infrastructure Increase defence spending to 2
Responding to the ACT Party’s alternative Budget released today, New Zealand Taxpayers’ Union spokesman Jordan Williams says:
‘The 15-time major champion is estimated to have earned around $60 million last year, leading to a tax bill of around $65k per day, or $23.5 million per year.’ That’s from Jason Daniels who head his post, ‘The estimated tax Tiger Woods pays per day revealed’.
The Tyre Extinguishers continue to go global, with reports of SUVs deflated in Auckland, New Zealand.
Coffers full, but still no support for squeezed middle
Treasury data showing the Government has collected nearly $3 billion more in tax revenue than expected proves there’s room for tax relief, National’s Finance spokesperson Nicola Willis says.
"While Kiwi battlers are tightening their belts in the midst of a cost-of-living crisis, Grant Robertson has raked in an extra $2.68 billion in tax revenue off the back of record inflation," says ACT Leader David Seymour.
Bank of New Zealand (BNZ) today released its half year result to 31 March 2022 and says a resilient New Zealand economy, revenue growth and focused capital management have put it in a strong position to help customers navigate continued uncertainty.
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