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Labour are welcome to borrow Alliance capital gains tax policy

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This may have helped make housing more affordable during the so-called housing boom during the last Labour Government.
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Hone Heke meets Robin Hood? Financial transactions tax gains new support

Alliance Party Co-Leader and GST off Food Tax Justice campaign co-organiser Kay Murray says the new Mana Party’s Hone Heke financial transactions tax (FTT) is a great idea.

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No GST on food – Join us for launch of tax justice campaign!

The nationwide campaign to remove GST from food and tax financial speculation is being launched this Saturday 22 May.

That’s two days after National’s budget where a hike in GST to fund tax cuts for the rich was announced.

All supporters of our tax justice campaign are welcome to attend the petition stalls organised by Socialist Worker (www.UNITYblogNZ.com) and the Alliance (www.alliance.org.nz).

Here are the times and venues for this Saturday’s petition stalls:

Whangarei
8am-10am, Whangarei Growers’ Market, Water Street

Auckland
12noon-3pm, outside Onehunga Supermarket, cnr Church Street & Selwyn Street, Onehunga.

Rotorua
9am-3pm, Rotorua City Focus, Tutanekai Street.

Tauranga
9am-12noon, Chadwick Road (opposite the post office), Greerton.

Wellington
11am-12noon, Lower Hutt Markets, Riverbank carpark.

Christchurch
11am, The Square (next to the chalice).

Dunedin
10am-12noon, The Octagon.

At the stalls we will be collecting signatures on the tax petition, which has the following wording:

We request Parliament to:
• Remove GST from food.
• Tax financial speculation.

The campaign has a website up and running, ‘No GST on Food’, go to http://www.nogstonfood.org/. Updates on the campaign will be posted there.

National's budget "blueprint for social breakdown"

National’s budget announced today is pushing New Zealand further down the road of inequality and social breakdown, says the Alliance Party.

Alliance Party spokesperson Victor Billot says the budget achieved two key goals for National: redistributing wealth from the needy to the greedy, and starving social spending.

“For most people, the so-called tax cut will have vanished by the time they get to the end of the first aisle in the supermarket.”

He says that what is most disturbing is the budget gives someone like John Key hundreds of dollars a week extra but leaves the most vulnerable families in New Zealand with nothing.

“The priorities of this National Government are to shovel cash at people like the Prime Minister who will be laughing all the way to his mid winter break in his Hawaii condo.”

“Yet the thousands of struggling families working shift work, long hours, for low pay, get a few coins.”

He says the budget is literally taking food out of the mouths of children from poor families to pay for flash restaurant dinners for CEOs.

“The increase in GST is essentially immoral at a time of mass unemployment, and food and housing costs going through the roof.”

Mr Billot called on the Maori Party to step away from their coalition with National which was permitting this attack.

“If they don’t make a stand now, they will have allowed the most blatant attack on low income communities both Maori and Pakeha to proceed.”

The Alliance has a tax plan that is aimed at creating a balanced and equal society that had a long term future.

Income tax would be heavily reduced on lower incomes, and raised on high incomes, a progressive tax system that would relieve the worst pressures and poverty in New Zealand.

The Alliance would phase out GST and replace it with a Financial Transactions Tax, an increasingly popular alternative.

The Alliance would also introduce a capital gains tax, to tax speculation rather than productive work.

The Alliance Party has joined with Socialist Worker to launch a petition this Saturday 22 May campaigning to remove GST off food and introduce a Financial Transactions Tax.

Launch of campaign to remove GST from food and tax financial speculation

The Alliance Party and Socialist Worker are jointly launching a nationwide tax campaign on Saturday 22 May.

The campaign will champion tax changes that will benefit grassroots New Zealanders.

The campaign will be built around a petition sponsored by both the Alliance Party and Socialist Worker, which requests parliament to:

1. Remove GST from food; and
2. Tax financial speculation.

“These two demands will address imbalances in the tax system, which sees grassroots people having to pay tax on one of life’s necessities, food, while financial speculation goes untaxed,” says campaign coordinator Vaughan Gunson.

“This imbalance will be made worse when the National government delivers the 2010 budget, where GST will almost certainly be increased to 15%,” says Gunson.

“Our campaign will be launched at street petition stalls around the country just two days after the budget announcement, we can expect a lot of support,” says Gunson. “The majority of New Zealanders believe taxing food is wrong.”

“Taxing financial speculation through the introduction of a small percentage Financial Transaction Tax (FTT) would easily fund the removal of GST on food,” says Gunson. “At the same time an FTT would help discourage financial speculation, which destabilises the economy and causes untold harm to ordinary people, as the global financial crisis has proven.”

For more information and comment contact,

Vaughan Gunson
Campaign coordinator
(09)433 8897
021-0415 082
svpl@xtra.co.nz

or

Victor Billot
Media spokesperson
021-482 219
victor@victorbillot.com