Matt McCarten, described as a hard-Left political head-kicker, is Labour leader David Cunliffe’s right-hand man, a move that illustrates the party’s lurch to the Left. What does a Left-ward lurch look like? Look no further than McCarten’s prescription for last year’s Budget:
1. Abolish 15 per cent GST. Replace with 1 per cent financial transaction tax as recommended by the New Zealand Bankers Association. Same money.
2. Abolish PAYE on wages and salaries. Replace it with a wealth tax and a capital gains tax when shares, businesses, land and property are sold. People are taxed when they’re cashing up, not when they are making it.




