First Political

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First Political is an unregistered and obscure New Zealand political party. It is promoted by its banking industry founders as "the Future of Politics". It hails individual choice and prosperity as the key provisions to a safe and healthy future.

It proposes a $5 Trillion dollar saving by 2040 using existing revenue sources, an effective maximum income-tax rate of 0% for single earners up to $59,000.00, via redistribution of Welfare into Individual Savings and Retirement Accounts leading to:

  • Hugely reduced Student Loans, and full levels of Education,
  • Civic and Healthcare spending as is currently funded by the New Zealand Taxpayer

By-

  • Taking the $28b surplus that its policies create, and redistributing that money directly to the taxpayer (detailed below) as a $10,000+ Universal* Rebate, eliminating waste and the regressive welfare system.

[* Excluding: Prisioners, Those under 21 (qualify for student support) and any of our 290,000 Civil Servants - as to provide an incentive join the productive workforce; But not including the $1b additional targeted by age to match the existing (after present taxes) general pension scheme).

[edit] Methodology

  • Selective Taxation Pooling: taxpayers can indicate whether their taxes contribute towards Health, Education or Civic Infrastructure.
  • Increased responsibility of MPs by consolidation of roles into fewer representatives.
  • Reduction of government Ad-Hoc spending privileges to $1b discretionary fund per year
  • Returning the $28b+ surplus to taxpayers evenly.
  • Maintain present Healthcare, Education and Civic funding levels.
  • Maintain present Park, Museums, social services as provided by Rate Payers.

These policies are claimed by the party to boost non government sector growth to 7.2% per annum over the first 5 years.

[edit] External link

 

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