Will Cullen cancel the tax cuts?

Bill English has raised the issue of whether Michael Cullen will, if re-elected, cancel the 2010 and 2011 tax cuts.

is far from impossible. Consider the evidence:

  1. Michael Cullen promised tax cuts in 2005 and then cancelled them after the election on the basis of economic conditions.
  2. He has said that the level of has now passed his comfort zone
  3. His party is promising extra such as a pay jolt in , a move to universal and longer period of , at a time when the is shrinking.

They probably won't cancel them, but one could imagine if Dr Cullen delivers the 2009 budget, him announcing the 2010 tax cuts have had to be delayed due to the weak economy – probably until 2012 – after the next election again.

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