Written By:
notices and features - Date published:
3:00 pm, September 8th, 2014 - 8 comments
Categories: cartoons -
Tags: hubbard, murdoch, trace
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.
turns out there are no tax cuts until just before the next election…
Bill English on the rise in power terms within Nats caucus
So, some cut in tax if this and that. Really wish I could remember the exact wording Key used in the Christchurch debate. Something about a tax ‘something or other’ release had been planned for the previous day and put off til next week. Anyway, I’m sure there were numbers suggested.
I commented at the time that I thought Key was leveraging English and how I hoped he (English) would stand his ground. Seems he did.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11320903
National’s first three fiscal priorities for the next three years were to return to surplus this year and maintain surpluses thereafter, reduce net government debt to 20 per cent of GDP by 2020, and to reduce ACC levies further from April 2016.
Income taxes would begin to fall from April 2017 “providing economic and fiscal conditions allow, and if the first three priorities have been achieved”.
Yep, that doesn’t sound like an empty, bullshit, no serious commitment required promise of the ‘if I become a millionaire in three years I’ll give you a thousand dollars as long as it’s financially feasible at the time’ variety at all.
Yesbut instead tvnz news is going to report on some “experts” who say labour has over estimated cgt take
Poor John was looking bit sheepish. On the way out of leadership no matter who wins. A lame duck PM.
I must be a dipstick, They say $10 bucks a week
But our cash trader john, says $1000 PER YEAR, wish I COULD ADD LIKE HIM
Peter, Key said that he thinks that people on a minimum wage would say that $1000 in their pocket would make a difference to them. By gosh I think he might even be right about that.
Now by coincidence, the context for this statement was the announcement of National’s iron clad commitment leaving open the absolute definite possibility of amusingly small tax cuts in the next election year depending on a five point list of conditions being fulfilled and whether or not we can afford it at that time (disclaimer: in no way should this be seen as a promise of tax cuts), where everyone was trying to figure out how much of a tax cut people might get under National’s new plan to definitely cross their fingers and think about it in the future.
If you chose to put those two things together Peter, well that’s hardly John Key’s fault now is it?
Everybody seems to be ignoring the fact that the Greens are offering a very good tax cut to individuals and businesses.
“The phasing out of the failed Emissions Trading Scheme and an initial price on carbon of: $25 per tonne on CO2 equivalent emissions for all sectors except agriculture. Dairy emissions will pay $12.50 per tonne. Forestry will be credited at $12.50 per tonne
The recycling of all revenue raised from a carbon charge back to families and businesses through a $2000 income tax-free band and a one percent company tax cut. The Climate Tax Cut will leave households better off.”