Labour = More debt + more tax + borrow and hope

After saying their tax changes would fill the hole from their reckless promises – Labour has now confirmed they plan to borrow more – tax more and pray.

Labour has admitted it would borrow more than National in the short term to help fund new policies but is confident its plans, including a capital gains tax, would cut debt over the long term.

Labour are stuck stealing underpants.

Leader Phil Goff this week said Labour’s tax policy would provide a long-term solution to New Zealand’s debt problem. Yesterday, however, party sources acknowledged the plan would see a Labour government borrow more in the short term.

They said that was necessary because it would not generate revenue from the sale of shares in state-owned assets as National planned to do.

Out of time, out of ideas and out of power. Labour should now change strategies to one of STFU and creating as small a target as possible.That way they can attempt to limit the damage this election.

Do you want:

  • ad-free access?
  • access to our very popular daily crossword?
  • access to Incite Politics magazine articles?

Silver subscriptions and above go in the draw to win a $500 prize to be drawn at the end of March.

Not yet one of our awesome subscribers? Click Here and join us.

As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.