Andrew Little calls it the ‘The One Dollar Bill Budget’, a $1 tax cut for cleaner on minimum wage.
As usual it is the already well off who do the best out of National’s election year tax cut bribe.
The Nats are settling in to election mode – smoke and mirrors. Steven Joyce feeds us billions of dollars worth of lies.
Never mind the record debt, the dropped contributions to the Cullen fund, the housing crisis, rising poverty, the deteriorating health system, the costs of quake rebuilds, the filthy water, the need to prepare for climate change – never mind all that, have an election bribe!
As Finance Minister Bill English effectively ruled out tax cuts, but it’s election year, and so of course the Nats can’t help but trot out their one-trick election pony again.
Bernard Hickey: “It is extraordinary for the Prime Minister to call the Treasury’s short and long term forecasts a “load of nonsense” and yet rely on the medium term ones to promise all manner of riches to voters on the eve of an election.”
Despite the unknown cost of the quakes, and the host of other urgent needs, Key is once again talking up election-bribe tax cuts.
Herald: “…the Government ought to be banking surpluses, just as Sir Michael Cullen did during the boom of 2000-2007”.
Another Nat scandal to add to the list. Rob Salmond demolishes Bridges.
National are not responsible for the eventual recovery, they are responsible for delaying it.
Duncan Garner asks – “when we’ve just borrowed $55b over 6 years how on earth are tax cuts suddenly affordable?”. Presumably it’s a rhetorical question…
