John Tamihere: Tax cuts are the wrong approachWAIPAREIRA TRUST/SUPPLIED Te Whānau O Waipareira Trust chief executive John Tamihere applauds the Family Package Act. This Act is significant in itself because it was able to repeal the $8.4 billion worth of tax cuts promised by the National Government. The new direction set with the Families Package legislation means we will no longer accept the mantra that tax cuts are good. The thing with tax cuts is, once given they are rarely taken away. And again it is important to add that tax cuts mostly advantage the top end and not the bottom end of town.

Source: Stuff January 03, 2018 18:01 UTC