A new report by Taxpayers’ Union Research Fellow, Jim Rose,analysing the impacts of implementing a tax-free threshold concludes that the policy would be an expensive and poorly targeted way of reducing the tax burden and increasing after-tax incomes of New Zealand families. Key findings of the report include: > The introduction...
Responding to news that the OCR has remained at 5.5%, Taxpayers’ Union Policy Adviser, James Ross, said: “Kiwis struggling under the cost-of-living crisis will be hurting today after hearing that the Official Cash Rate (OCR) is still frozen at 5.5%. Worse still, with inflation still well outside the target range,...
A new Taxpayers Union – Curia poll in the Tāmaki electorate shows ACT’s Brooke van Velden mounting a strong challenge to incumbent National MP, Simon O’Connor. The two major candidates for the seat are locked in a statistical tie with 35% of respondents indicating they will vote for Simon O’Conner and 33%...
The Taxpayers’ Union is questioning the Government’s decision to provide corporate welfare to the wood processing sector, both in the form of direct hand-outs and the Government playing bank manager by providing loans when this could easily be left to private sector banks. Taxpayers’ Union Deputy Campaigns Manager, Connor Molloy, said:...
Despite facing consistent financial challenges and relying on taxpayer bailouts - most recently to the tune of $220 million in May's budget - The Waikato Times has revealed a staggering $15.6 million spent on ads, PR, and publications, which includes a $3.5 million campaign launch. Oliver Bryan, Invesitgations Coordinator at the Taxpayers' Union,...
The Taxpayers’ Union is slamming Cabinet's decision to provide yet another taxpayer-funded handout to Ruapehu Alpine Lifts (RAL), this time to the tune of $7 million. Taxpayers’ Union Head of Campaigns, Callum Purves, said: “We warned earlier in the year that taxpayer-funded bailouts for failing businesses would be a slippery slope and...