Dr Greedy Cullen

Since Labour came to power in 1999, look at all the increases in taxes we have had.  

  1. New top income tax threshold of 39% for the super rich 14% of people who earn more than $60 000 per year.
  2. Fringe benefit tax increased from 49% to 64%
  3. Trust income tax increased from 19.5% to 33%
  4. Resident witholding tax- deducton rate on intrest  increased to 39%, from 33% or 19.5%.
  5. Tobbaco tax, price of packet of cigarettes up $1.12 including GST.
  6. Petrol tax up by 5.29 cents per litre including GST.
  7. New $18 import tax introduced on goods with GST liability of more than $50.
  8. Petrol ACC levy increased by 2.78 cents per litre.
  9. Increase in alcohol tax, from $21 per litre to $38 per litre for all alcoholic breverages with more than 14% alcohol content.
  10. A massive 74% increase in the ACC levies for farmers.
  11. Motorbike ACC levy increased by 57%.
  12. Birth, death and marriage certificate fees increased by 43%.
  13. Driver licence renewal fee increased by $14.80 to $44.30.
  14. Fire service levy increased by 17.7%.
  15. Fishing licence fee increased by 10%.
  16. Cattle slaughtering levy increased by 50%.
  17. Export education levy set up, involving $185, plus 0.45% of tuition fees.
  18. New fund withdrawl tax, of 5% for withdraws from employer funded superanuation schemes for people earning mre than $60 000.
  19. New Border security fees introduced for exporters and importers, collecting $20 000 0000 each year in revenue for the government.
  20. Car ownership rego increased by 14%.
  21. Levy on non-petrol fueled vechiles increased from $176.10 to $221.31.
  22. Petrol tax increased again by 5.625 cents per litre including GST, with equivalent increase in road user charges for diesel vechiles.
  23. New 1 cent per unit of electricity tax.
  24. Petrol tax increased for the third time by 4.5 cents per litre.
  25. A big 41% increase in road user charges for diesel vechiles.
  26. A new $13 000 per hectre deforestation tax.
  27. Coming soon: a de fact 1.4% payroll tax that goes into employees kiwisaver acounts.
  28. Coming soon: a 11.25 cent per litre increase in petrol tax for motorists in the Auckland and Welington regions, including GST. This comes on top of the 18.22 cents per litre increase in petrol taxes mentioned above that we’ve had since labour was elected.

I’m only 20 years old but I can remeber Labour promising that only 5% of people would pay more tax when elected in 1999. Instead almost 100% of new zealanders are paying increased tax in one of the ways mentioned above. This info comes from a comment by “Simo” on kiwiblog saying “and we wonder why we can’t save”.

Explore posts in the same categories: Micheal Cullen, Tax cuts

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