Tax cuts are not tax cuts unless they are accompanied by matching spending cuts -- otherwise they are merely tax deferrals, taxes are just pushed into the future with interest added.
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Spending increases financed with debt instead of current tax increases are tax increases, with the taxes to arrive at a future date.
John Key and Bill Engish are tax raisers! oh the irony.
If they are going to raise taxes - couldn't they spend the money on something, uh, worthwhile? Something that would maybe create some jobs?
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