Keating calls for more tax cuts

April 29th, 2006 at 8:55 pm by David Farrar

Earlier in the week I blogged my delight at Australian Labor calling for tax cuts. The point I was making is that tax cuts in most country is not just done by centre-right governments. NZ Labour is almost unique amongst other centre left Governments in increasing tax rates instead of decreasing them. They are ideologically far to the left of their colleagues overseas.

Anyway today Paul Keating came out and criticised his own party on tax cuts. Not for supporting them, but because they do not go far enough!

Can we import some Australian Labor Party politicians into the NZ Labour Party?

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13 Responses to “Keating calls for more tax cuts”

  1. Mike Readman Says:

    No, they wouldn’t pass NZ Labour’s corruption test. They have to score 100% before being considered. 100% corrupt, that is.

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  2. burt Says:

    When you paint National & ACT as lunatics for wanting to decrease taxes – I guess it

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  3. Ed Says:

    Mike, two words for you: Centenary House. Nuff said.

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  4. burt Says:

    He might have been talking about NZ here though.

    In a rare concession to his opponents, Mr Keating says “the Liberals have actually showed more promise in understanding the need to open (the economy) up than the Labor Party does”.

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  5. Juha Says:

    Keating already lives at the arse-end of the world. Further down, well… it takes a special person to head there.

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  6. james Says:

    I agree with DPF,

    But I would go further:

    Keating is brilliant.

    A politician of his ilk would lead either New Zealand’s Labour or National to a resounding victory any day.

    He’s an Australian who has already walked the high wire.

    More’s the pity.

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  7. burt Says:

    It could also be said that Australian tax cuts and NZ tax cuts are not in the same league anyway. Australia has already given massive tax relief to lower to middle income earners, is more gentle to upper middle income earners than NZ and it

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  8. Ed Says:

    James, people despised Keating’s shameless arrogance, the only reason he won in 1993 was because of the policy platform the Liberals put forward. The Fightback! package affirmed their commitment to fiscal conservatism but the sheer right wingedness of it scared people. Add to that that Keating was a nasty person who verbally attacked anyone in his path without wit or tact, repeatedly calling someone a fucking arsehole or brain-damaged doesn’t make you funny, cool or successful.

    The interview is a great example of Keating’s economic revisionism, he plunged Australia in to the worst recession since the Great Depression, he left behind a complicated and unfair tax system and the he offset any tax cuts he made in office with increases in excise or by increasing the tax rate the next year.

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  9. Ben Wilson Says:

    NZ Labour should import ozzie Labour principles if they are dead set on becoming the opposition for one of the longest individual terms in Australian history. Really worked for ozzie Labour, whatever they’ve been doing, hasn’t it?

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