My column at NBR is a Q&A on tax cuts. An extract:
Bill English says the 2010 and 2011 tax cuts has been deferred. What does that mean?
It means they have been cancelled.
Are you sure?
So we won’t get them at some future point?
You may get tax cuts in the future, but when you do it will be a new package, not the package that was planned for 2010 and 2011.
Comments and feedback can be made at NBR.