Cullen admits National will outbid Labour on tax cuts; Cullen admits National will offer bigger tax cuts

From: The Press | Date: March 27, 2008| Author: ESPINER, Colin | Copyright information

Finance Minister Michael Cullen says his tax cuts will be smaller than National leader John Key's proposals.

In an apparent bid to spike any complaints by the public over the size of their tax cuts, Cullen has admitted the cuts he plans to unveil in his May Budget will be smaller than those planned by National.

However, he said that National would not be able to outspend the Government on tax cuts without cutting spending on social services.

Cullen appeared to be still ...