RADIO NEW ZEALAND: National Party leader John Key is signalling that his party will offer large tax cuts but says it still has not determined the detail of its policy.
Mr Key says National's 2005 policy - which involved tax cuts ranging from $10 to $92 a week - could be used as a guide to the policy for this year's election.
Radio New Zealand's political editor says Mr Key is being careful to not make any specific promises yet on tax.
He reports Mr Key cannot even give a commitment that National will scrap the top marginal tax rate of 39 cents, but is hinting it is likely to go.
Finance Minister Michael Cullen says Mr Key is irresponsible if he is going to offer large tax cuts.
Dr Cullen - who will deliver a tax cut package in the Budget on Thursday - says that will show the Government's financial position is not as good as it was.
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