Are you going to reduce our taxes?

 

Yes, in two ways.

 

Firstly we will replace the narrow based Goods & Services Tax (GST) with a  Financial Transactions Tax (FTT) which has a far wider tax base including speculators on the money markets and in fancy financial instruments and thus can be set at a very low rate.

 

No GST: that means more money in taxpayers' pockets.

 

Secondly, the use of interest free loans from the Reserve Bank will relieve  the debt servicing costs currently paid by Government and councils and thus reduce the ever increasing pressure on our tax and rates dollars.

 

Without the need to pay interest on loans, it will cost less to do more.

Authorised by Anne Leitch, Secretary, 42 Reyburn House Lane, Whangarei

secretary@socialcredit.nz

Copyright Social Credit Party 2019