When National took office they found out that Michael Cullen had hidden a massive black hole in the ACC accounts. Rumour has it that when notified by officials that he must declare it before the election Cullen told them to go jump.
So the National Government inherited a big black hole in ACC. In order to fix it they put up levies, which have now been reduced somewhat.
Labour got their hand smacked for hiding the big black hole and then criticised every effort to start reforming the system.
Now it seems that Labour wants ACC to pay for food in school.
The $700 million overcharging in the ACC levy, admitted by Bill English today, is a stealth tax that is enough to fund the Government’s contribution to food in schools for 350 years, says Labour’s Finance spokesperson David Parker.
“The Government is taking $700 million more than is needed from New Zealanders through ACC levies over two years. That’s a stealth tax, pure and simple. They’ve been advised to reduce it but are still overcharging New Zealanders.
“That money is enough to cover the Government’s new role in feeding the kids for 350 years. That’s how badly Kiwis are being ripped off.
Labour always does this…they pluck funding from one place and apply it to others. The single most popular fund of cash they like spending many times over is the so-called “Holiday Highway”. I’m surprised they didn’t propose that the government stop that spending and spend it on food in schools.