Thursday, December 11, 2008
The faces may have changed from 2005, but the outcome is the same. Labour's first decision upon taking office in 1999 was to raise the top tax rate. National's first legislation upon taking office in 2008 has been to give taxpayers a tax cut from 1 April 2009.
It took Michael Cullen almost nine years to give New Zealanders a tax cut, and grudgingly so at that! According to Kiwiblog, it has taken John Key's National-led government around 19 hours in the life of the 49th Parliament to legislate for tax cuts in 2009, 2010 and 2011.
Helen Clark was right. The 2008 election was about trust. And clearly, the NZ electorate decided it couldn't trust Labour to deliver on tax cuts.