There’s no lie like an old lie:
A table from Finance Minister Bill English’s office shows 663,000 households – or 40 per cent – receive more in tax credits and other benefits than they pay in tax. Thousands more are neutral contributors, or are close to it.
An old lie oft repeated: 40% of households paying no net tax.
Maybe I’m too cynical to call this a politically convenient lie. Perhaps Bill English is genuinely unaware that GST is a tax that everyone pays. But now that we’ve cleared that up, hey Bill, how do the calculations look when you factor GST in?