David Seymour: ACT leader says they want a two-rate tax system in alternative budget - The Mike Hosking Breakfast

ACT is calling for major cuts to Government spending and an overhaul of the tax system.
The party is launching its alternative budget this morning.
It's proposing $5.3 billion dollars in Government spending cuts while increasing military spending to 2 percent of GDP.
Act Leader David Seymour told Mike Hosking the party wants a two-rate tax system, with a bottom rate of 17.5 percent for low earners, and a high rate of 28 percent for those who earn more.
“Cut taxes across the board, so for example if you’re a nurse somewhere in the mid-range at $70,000, you’d get $2300 back.”
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