I’ve said time and time again that NZ Labour was almost alone in the world with its hostility to personal tax cuts. 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.
Gordon Brown 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.