Bennett David: Taxation (Annual Rates Returns Filing and Remedial Matters) Bill — Third Reading 
Text is incorporated into the Bound Volume 
Bennett David: Taxation (Annual Rates Returns Filing and Remedial Matters) Bill — Third Reading 
[Sitting date: 25 October 2012. Volume:685;Page:6253. Text is incorporated into the Bound Volume.] 
DAVID BENNETT (National—Hamilton East) 
: 
 To follow on from the “Roll it Smoke it Print it Party” is something that is actually quite nice. It is a bit sad when the Green Party comes into this place and tries to teach us economics. This is the party whose great economic theory from a couple of weeks ago is to print money. It actually wants to go and print money and hurt New Zealand consumers by having inflation and putting prices up so that it can invest that money overseas. That is the great Green policy of building up capital in case we have another tragedy. It wants to put that money overseas. Great economic policy! Did Russel think of that by himself or did you guys sit around and actually talk about it? The Green Party cannot come into this House and talk about looking after New Zealanders on one hand and then at the same time say that it wants to print money to hurt New Zealanders to send that money overseas and invest it somewhere else. That is what your policy is and that is a great policy! 
I think members of this House have been in for a very very special debate this afternoon. On the Labour Party side Mr Cunliffe was asked what taxes the Labour Party would put up and by how much and he would not answer that question. He would not answer that question. The Green Party went out there today and said that it was going to put a— 
Hon David Cunliffe 
: Capital gains tax. 
DAVID BENNETT 
: —capital gains tax. We got that one but there is more. There is more. There is income tax as well. 
Hon David Cunliffe 
: R and D tax credits. 
DAVID BENNETT 
: Income tax? 
Hon David Cunliffe 
: R and D tax credits. 
DAVID BENNETT 
: Research and development tax credits. Yeah OK. So there are two. There are two. Income tax? 
Hon David Cunliffe 
: Reducing depreciation rates on qualified investments. 
DAVID BENNETT 
: Reducing depreciation is three. Income tax? 
Hon David Cunliffe 
: Or we might have a Fast Forward Fund for primary sector R and D. That’d be good wouldn’t it? 
DAVID BENNETT 
: And income tax? 
Hon David Cunliffe 
: Haven’t decided. 
DAVID BENNETT 
: Have not decided. Those members will put up income tax. In the next 2 years we can go around saying that the Labour Party will put up income tax because you have not denied it. The Labour Party has not denied it. The Labour Party has not said that it will not put up income tax. Every New Zealander out there—every New Zealander—should be worried because the Labour Party wants to tax you more. The Labour Party will not deny in this House that it will put up your income taxes. The Labour Party will put your taxes up because that is what it wants to do. Well come here David. Now is your chance. Mr Cunliffe say that you will not do it. Say that you will not do it. Say— 
Hon Clayton Cosgrove 
: I raise a point of order Mr Speaker. Far be it from me to interrupt a speech but on about nine occasions in the last 30 seconds to 1 minute you have been brought into the debate. I waited and waited and waited. I do not know whether he knows the rules but I think you should not be brought into the debate. 
Mr DEPUTY SPEAKER 
: In the course of this debate—[ 
Interruption 
] Order! In the course of this debate he is not the only offender in that regard and I have probably showed more lenience than I should have. I just ask members to mind their pronouns. 
DAVID BENNETT 
: Well I do not have to say much more. We know that the Labour Party is going to put taxes up. The Labour Party will put New Zealand income tax up. 
Hon David Cunliffe 
: Sit down. 
DAVID BENNETT 
: Mr Cunliffe wants me to sit down because we have hit a raw nerve I know. The reality is that New Zealanders now know what they are facing: higher income taxes under the Labour Party in coalition with these Green taxes. Thank you Mr Cunliffe for telling the public what they should expect at the next election when we campaign against you because the people do not want higher income taxes.