New Zealand voter decisively reject Obama-type bash the rich policies

From Business Week:

National won 48 percent of votes, the most it has taken since 1951, beating the main opposition Labour Party on 27 percent, according to the Electoral Commission. . . .
[National] has pledged to sell part of the government’s stake in four energy companies and the national airline to help erase a NZ$18.4 billion ($13.6 billion) budget deficit. . . .
Support for Labour slumped from 34 percent in the 2008 election as voters rejected Goff’s plans to raise taxes on capital gains and high income earners. Labour, which secured 34 seats, opposes the proposed asset sales and pledged to remove sales tax on fresh fruit and vegetables to ease the cost of living for low income families. . . .



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