Brown to respond with tax cuts

I’ve said time and time again that NZ was almost alone in the world with its hostility to personal . We only got them after nine years of massive surpluses and massive spending increases, and Dr Cullen admitted that he would have made them smaller (if at all) if he had known about the extent of the credit crisis.

Even under Phil Goff, NZ Labour are geared up to attack National’s tax cuts.

So bearing that in mind, let us look at what PM Gordon Brown is looking to announce tomorrow:

has defended as “necessary and responsible” the massive package of tax cuts expected in tomorrow’s Pre-Budget Report.

Yes, UK Labour delivering a massive package of tax cuts.

Australian Labour also doing the same.

NZ Labour though are regretting their tax cuts and are opposing any further tax cuts.

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