ACT Gets Twitchy – Leader Says National looks after everyone but taxpayers

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MIL OSI – Source: ACT Party – National looks after everyone but taxpayers

David Seymour, ACT Party leader.“National is parading its indexation of welfare payments while refusing to do the same with tax brackets,” says ACT Leader David Seymour.

“Benefits were adjusted for inflation today. What about the workers? Tax brackets should be adjusted too.

“This fiscal year, a person on the average income will pay another $378 in tax as inflation pushes them into higher brackets, even if they have no increase in real spending power. They have already paid an extra $649 since 2010.

“The average household has already paid an extra $1036 since 2010, and will pay $431 more this year.

Taxpayers are today being asked to fund:

· Government grants for first home buyers of up to $20,000;
· A two-week extension to paid parental leave;
· NZ Superannuation increases, heralded as growing at twice the rate of inflation since 2008.

“If the government wants to fund this by increasing taxes, it should do so openly and honestly, not through stealth taxation.”

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Selwyn Manning, BCS (Hons.) MCS (Hons.) is an investigative political journalist with 23 years media experience. He specializes in reportage and analysis of socioeconomics, politics, foreign affairs, and security/intelligence issues. Selwyn has extensive experience as a commentator and has provided live political analysis to a wide range of television and radio organizations broadcasting in New Zealand, Australia and globally including the BBC (Five Live, London) and BBC (World Service). He is currently a correspondent to Australia's FiveAA radio, and is a regular live-on-air panelist on Radio New Zealand's The Panel with broadcaster Jim Mora.

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