The Greens have issued a statement about taxes and borrowing to pay for roads…
The National Governmentâs reckless plan to build unneeded highways has created a huge budget hole that taxpayers will be forced to pay for with higher taxes, Green Party transport spokesperson Julie Anne Genter said today.
The Green Party has obtained an internal New Zealand Transport Agency document which states there is a $1.7 billion shortfall between the cost of the Governmentâs transport plans and the projected revenue as a result of the huge cost of Nationalâs pet highway projects and stagnant traffic volumes resulting in lower than projected fuel tax revenue.
The briefing outlines three options to close the gap: delaying the so-called âRoads of National Significanceâ by up to five years (which is marked as ânot acceptableâ); borrowing the money and using Public-Private Partnerships as a form of borrowing, which would only shift the cost to the taxpayer into the future and constrain future transport budgets; or increasing petrol tax by nine cents a litre.
âKiwis will be paying more to fund Nationalâs unneeded and uneconomic highways, and they will have few options to avoid rising fuel prices.
Perhaps Genter would like to us whether the Greens still support regional petrol taxes? Â Do they still support raiding the Land Transport budget for walkways, cycleways and trains at the expense of roads? Â Do they still support minimum emissions standards for all vehicles on our roads? Â Do they still support minimum fuel efficiency standards for all cars on our roads? Do they still support new taxes on all fossil fuels? Â Do they still support emissions testing becoming part of the WOF? Do they still oppose all oil exploration?
And that’s just a few for starters. Â So for the Greens to complain about taxes and borrowing (when they want to print money) is just two faced hypocrisy sanctimony.
The Green prescription is a pile of new taxes and red tape for motorists.