Williams Andrew: Taxation (Budget Measures) Bill — First Reading Second Reading In Committee 
Text is incorporated into the Bound Volume 
Williams Andrew: Taxation (Budget Measures) Bill — First Reading Second Reading In Committee 
[Sitting date: 24 May 2012. Volume:680;Page:2467. Text is incorporated into the Bound Volume.] 
ANDREW WILLIAMS (NZ First) 
: 
 I rise to take another call on behalf of New Zealand First in regard to what I call the “Fagin Budget”. We are very fortunate that it is after 8.30 at night now because people who might be watching Parliament out there in New Zealand television land would not probably be able to conjure up the same images before 8.30 because it would almost have to be censored—the thoughts of Fagin from the famous movie  
Oliver 
. If you can imagine Fagin and what Fagin looked like then put into your minds what Bill English and John Key look like and then go back to what Fagin looked like there is an incredibly close comparison of the three. They are all as miserable as sin. 
The CHAIRPERSON (Lindsay Tisch) 
: Order! Come back to Part 1. 
ANDREW WILLIAMS 
: When I look at this regulatory impact statement all I can think of is that it is a “Faginistic” regulatory statement. When you read a sentence such as: “Generally speaking the proposed option should not impose any new compliance costs on businesses. However”—and this is the however—“businesses that employ only school children on very low wages (below $2340 p.a.) may have to begin withholding PAYE from these employees from 1 April.” Is that not appalling? And you wonder how this all gets through the process. It is all done by smoke and mirrors by this Government. Further down and this is written by the Inland Revenue Department it states: “Due to the need for Budget secrecy”—this is the Budget secrecy around children’s pocket money—“and the short time frames involved there was no opportunity to consult in the usual manner” with affected parties. There was no opportunity to consult in the usual manner with affected parties. “The Treasury and Inland Revenue were the only agencies involved in developing the proposals and carrying out the analysis.” 
I am quite shocked by that and the fact that this will impact on over 56000 young people in this country who basically are going to have their pocket money robbed from them in terms of tax taken off from 1 April 2013. Employers will have to start deducting PAYE tax from a very small wage that each individual child might be receiving. It is appalling. 
When I look over the page I can see the housekeeper and childcare tax credit. I can remember as a young father with my wife and our family when we needed after-school care for the children from time to time. I can recall as a young earning family that we greatly valued the fact that at the end of the year we did get some tax credits for getting childcare after school and things like that. You look at this now—a miserable $310 per year for young families needing after-school care needing assistance to take care of children for maybe a couple of hours who up until now could claim up to $310 to help pay for that after-school care and cannot get it any more. Is that not miserable? Is that not absolutely miserable? Is it not— 
The CHAIRPERSON (Lindsay Tisch) 
: Order! I sorry to interpret the member but can I ask members to be a little bit more succinct with the interjections. 
ANDREW WILLIAMS 
: We have seen from this National Government tax rebates and tax deductions and reductions in tax for its wealthy mates for several billion dollars in the last year or two. We have seen several billion dollars of reduction in tax for its friends and its mates—high income earners. We have seen $1000 a week for the Prime Minister—$1000 a week less tax he pays as the Prime Minister. But the same National Government 2 years later after giving all those tax cuts to its mates— 
The CHAIRPERSON (Lindsay Tisch) 
: Order! Part 1. 
ANDREW WILLIAMS 
: —will take it out on the poor young children of this country the young families who might get a bit of a tax credit for their child-minding the students who maybe were—