Tax argument lacks support
BRENDON BURNS,
political reporter
A ) Treasury argument against tax concessions for private superannuation idoes not appear to have) the support of the Minister of Finance, Mr Douglas. Mr Douglas released last Friday the Treasury paper on the changes to taxation of superannuation, | medical and life insurance (“The I Press,” March! 5).
He said it outlined the Government's reasons for
ending tax concessions in these areas.
One argument presented by the Treasury against the concessions was that “the Government already provides relatively generous retirement support in the form of national superannuation.”
That clashes with the publicly expressed views of Mr Douglas’s close associate, the Minister of Revenue, Mr de Cleene. He said in January that national superannuation was socially inequitable and should be scrapped.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19880309.2.13
Bibliographic details
Press, 9 March 1988, Page 2
Word Count
127Tax argument lacks support Press, 9 March 1988, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.