Mana | Movement of the People

 

MANA – the only party talking about saving money

Labour and National have both put out meaningless lists of the others political and economic crimes but these are meaningless political gestures from two parties that have more in common than coke and pepsi.

Here is a list from MANA that means something. We are the only party talking about making big savings from wasteful government spending.

Here’s our list of 10 big savings MANA would make in government:

1. Ending tax cuts for the rich (will raise several billion by reversing the tax cuts at the top end which Labour and National introduced in the past five years)
2. Ending finance company bailouts (more than $2 billion has been wasted through the bailout of South Canterbury Finance ($1.7 billion) and of AMI ($500 million) in the wake of Christchurch earthquake)
3. Ending money for millionaire yacht races on the other side of the world ($36 million for the America’s cup challenge in San Diego)
4. Ending the deployment of our troops in Afghanistan (around $40 million)
5. Ending subsidies to companies paying low wages. (Working for Families is really a subsidy for employers paying low wages which workers can’t live on – after our incomes and taxation policies are in place WFF can be abolished)
6. Ending subsidies for parents sending their kids to private schools ($70 million per year to the likes of Kings College – which gets about $3.5 million per year – while public schools struggle)
7. Closing tax loopholes through family trusts etc (several billion to be saved here)
8. Ending the building of new prisons (hundreds of millions in savings and further savings with programmes to reduce the number of people in prison)
9. Curbing speculation in financial markets (this costs our export sector hundreds of millions through the overvalued NZ dollar)
10. Ending the gravy train of contracting out of government services – many hundreds of millions to be saved at government and local body level (A study released in the US last month called POGO (Project on Government Oversight) showed the cost of contracting out government work to be double the cost of paying government employees to do the same work – no reason to think New Zealand would be any different)

As well as these big savings government income will be substantially increased by ending the free ride of the 1% on the backs of the 99% through –
• A proper capital gains tax on all sources of income at the personal tax rate
• Inheritance tax to curb the development of family empires dominating the New Zealand economy.
• Progressive tax rates so the more a person earns the higher their tax rate.

For further Information:

John Minto 021447067