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Michael Cullen

Tax Cuts For All From October

Tax cuts starting before the election were unveiled by Finance Minister Michael Cullen in the budget today.

October Start Date For Tax Cuts

By Peter Wilson of NZPA Wellington, May 22 NZPA - Finance Minister Michael Cullen has delivered an election-year budget with across the board tax cuts that start on October 1.

Look At Discretionary Spending Not Tax Cuts - Peters

Relief for the financially stressed should look at discretionary spending, not focus on tax rates, New Zealand First leader Winston Peters says.

IMF Message As Budget Draws Near

As Finance Minister Michael Cullen prepares to deliver his ninth budget tomorrow an International Monetary Fund report (IMF) has warned of the need to keep inflationary pressures in check and restrain government spending.

Tax Cuts Promises Of 2005 'Credible' Under Today's Conditions

National leader John Key believes tax cuts of the magnitude it promised in 2005 are credible under today's economic conditions.

Tax Cuts Debate Heats Up Before Budget

This election year size does matter as party leaders jostle for position on tax cuts. Finance Minister Michael Cullen has repeatedly dampened down expectations about the size of cuts his party will deliver in Thursday's budget.

National Holds Off On Tax Policy

National leader John Key says his party is not announcing its tax policy yet -- but if it follows the outline of its 2005 policy people on the average wage could expect tax cuts of about $40 a week.

$50 A Week Tax Cuts 'reckless' Without Look Into Books

National leader John Key was being reckless because he did not know whether his promise of tax cuts "north of $50" were affordable, Finance Minister Michael Cullen said today. Mr Key has told The Dominion Post that National intended to offer "meaningful" relief by way of tax cuts.

Cullen Says Budget Will Provide Economic Tonic

Next week's budget will deliver a mix of mild tax relief with investment and social spending as a tonic for the economic chills, Finance Minister Michael Cullen said today. Dr Cullen said his ninth budget would deliver a "real response" to the economic situation.

Cullen Says Budget Will Provide Economic Tonic

Next week's budget will deliver a mix of mild tax relief with investment and social spending as a tonic for the economic chills, Finance Minister Michael Cullen said today.

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