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07 November 2007
VIDEO: Journal 25 on tax, tax relief and political opportunism
John walks us through the Labour Government's hostile history around tax cuts, despite advice from Treasury over the last four years that they were affordable and would benefit the economy.
"We have been particularly concerned in the last two or three years where the Government surpluses have been just enormous and yet New Zealanders have been really struggling to make ends meet. Interest rates are very high, costs are rising in areas like food or electricity or petrol." The Government now appears to be poised to deliver some form of tax relief - but how credible is that promise, given their history?
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