The NZ Super Democratic Party

Special Policy Release Bulletin No. 3 Taxation -

The NZSDP:

# Would simplify and save immense costs of tax collection by systematically reducing and abolishing most other forms of taxation and replacing with just one citizens' tax, assessed on an income and asset declaration basis.* (Subject to favourable televote.)

# Would provide tax incentives for savings and investment in tangible assets. (Subject to favourable televote.)

# Would systematically reduce and finally abolish GST. (Subject to favourable televote.)

# Would systematically reduce and finally abolish taxes on liquor, tobacco, and petrol. (Subject to favourable televote.)

# Would reinstate tax exemptions on premiums for life insurance policies and amounts contributed to private Government approved superannuation schemes. (Subject to favourable televote.)

* NB. Subject covered in greater detail in an article entitled: "Tax Reform - The Big One" available from the NZSDP.