To Employees and Employers of New Zealand:
At Voters Voice, we recognize that the current tax system and economic conditions can pose significant challenges to both your personal financial growth and the productivity of your businesses. Here's how our tax policies and initiatives to reduce costs are designed to pave the way for a better, more productive future:
We propose a flat tax rate system to simplify taxation, making it more predictable and less burdensome. This means employees will have a clearer understanding of their take-home pay, while employers will benefit from reduced complexity and costs in payroll management. This simplification encourages savings and investments beyond just property, providing more options for employees to grow their equity.
Our policy also involves removing or reducing punitive taxes that disproportionately impact wage earners and small businesses, such as high-income taxes or complex employment-related taxes. This will leave more money in employees' pockets and provide more capital for employers to reinvest or increase wages.
By levelling the tax field, we encourage investment in various sectors, not just real estate, opening up opportunities for employees to invest in stocks, bonds, or start-ups, and for employers to expand or innovate without the heavy tax burden.
On cost reduction, we're committed to regulatory efficiency by streamlining regulations, directly lowering administrative costs for businesses. This could lead to lower product prices and higher wages as businesses pass on these savings. We also plan to invest in infrastructure and ensure energy costs are managed through competitive markets, reducing operational costs for businesses, which can then benefit employees through better compensation or lower costs.
In terms of healthcare and education, our focus on efficient, value-driven public services aims to reduce the indirect costs that both employees and employers face, like high health insurance premiums or the need for extensive private education.
For productivity and growth, we support skill development to make the workforce more adaptable and productive, benefiting employers with enhanced capabilities and offering employees better career progression and earning potential. We'll provide tax relief for technology adoption to encourage innovations that increase productivity, enhancing job satisfaction and output for employees.
Moreover, our policies will encourage entrepreneurship by creating a supportive tax environment for start-ups and small businesses, fostering job creation and economic dynamism, thus giving employees more opportunities to advance or start their own ventures.
Our vision at Voters Voice is to transition from a system where home ownership is the primary means of wealth accumulation to one where prosperity is more broadly accessible. By reducing the costs associated with doing business and living in New Zealand, we aim to create a cycle where businesses thrive, employees can earn and save more, and the economy grows in a balanced manner. This isn't just about tax relief; it's about crafting a framework where your hard work translates into real, tangible benefits for your future, whether you're an employee looking to build wealth or an employer aiming to expand your business and support your team.
In essence, our policies are designed to align the interests of employees and employers towards a common goal: a New Zealand where productivity leads to prosperity, and where every contributor to the economy can see a clear path to a better, more secure future.