Bill English thanked for service to taxpayers
The New Zealand Taxpayers’ Union expresses gratitude on behalf of its 32,000 members and supporters to Rt Hon Bill English for his service to taxpayers.
Under his tenure as Finance Minister and Prime Minister in 2008-2017, the burden on taxpayers reduced, with core Crown revenue as proportion of GDP cut from 32.6% to 30.5%. That is despite having to respond to the Global Financial Crisis and rebuild our second largest city.
The tax cuts implemented by Bill English in 2010 were significant and working New Zealanders continue to reap the benefits today.
Partial privatisation, while controversial at the time, has been a resounding success, working to both reduce debt and improve dividend flows by applying market discipline to what were lazy state owned assets.
And with social investment, Bill English has championed value for money in spending on social services.
We wish Mr English all the best for his career after politics.