Written By: - Date published: 8:58 am, September 25th, 2023 - 39 comments
Nicola Willis has essentially confirmed that the design of National’s foreign purchase of land tax was and remains sufficient to be done on the back of an envelope.
Written By: - Date published: 9:07 am, September 21st, 2023 - 7 comments
A year ago this month, the Liz Truss/Kwasi Kwarteng mini-budget destroyed once and for all the myth that the Tories are better at managing the economy. The New Zealand National Party could not even wait until they were in government to prove the same applies to them.
Written By: - Date published: 9:52 am, September 16th, 2023 - 19 comments
Despite repeated analysis that its policies do not add up National is refusing to release the costings behind its policies.
Written By: - Date published: 9:30 am, September 2nd, 2023 - 40 comments
When the history of the 2023 New Zealand Aotearoa general election is written and if Labour gets up to win historians will point to the events of this week as the turning point in what has already been a dramatic year in politics. Because I cannot believe how bad National’s tax cut policy release has been researched and structured and how bad its release is going.
Written By: - Date published: 8:48 am, September 1st, 2023 - 30 comments
National’s announcement of four new taxes to fund tax cuts rely on herculean assumptions that will never be met. And their proposal for climate change will undermine the slow but steady progress the country has been making to meeting its emission reduction goals.
Written By: - Date published: 2:06 pm, August 13th, 2023 - 168 comments
As predicted Labour has announced a policy of taking GST off fresh fruit and vegetables and a significant adjustment to Working for Families In House Tax Credit levels and the Thresholds.
Written By: - Date published: 7:47 am, July 30th, 2023 - 163 comments
We need to recognise our risk to the capital flight risk of the 1%, but also recognise the benefit to the 99% of us.
Written By: - Date published: 10:53 am, July 28th, 2023 - 87 comments
National’s Nicola Willis has claimed that Labour will soon announce policy to take GST off fresh fruit and vegetables.
Written By: - Date published: 12:14 pm, July 14th, 2023 - 63 comments
Act has declared its class prejudice by advocating for the cancellation of the free lunch in schools programme even though the benefits are clear and recognised and the programme helps poor kids’ nutrition and education.
Written By: - Date published: 6:25 pm, July 12th, 2023 - 92 comments
Chris Hipkins today stated that for any future Government he leads after the next election there will be no wealth or capital gains tax implemented. End of story.
Written By: - Date published: 1:20 pm, June 12th, 2023 - 13 comments
According to National holding a modest shareholding can open a Minister to allegations of conflict of interest but owning seven investment properties and proposing beneficial tax treatment of landlords does not.
Written By: - Date published: 12:45 pm, June 12th, 2023 - 29 comments
Last night I watched Christopher Luxon in a interview with Jack Tame on Q&A from youtube. My takeaway from it was that I don’t want this fool anywhere near actual policy. He exhibited a blissful ignorance about downstream effects of genetic engineering, climate change, and productivity in our economy. Even where I agreed with him like on GE – I didn’t want this idiot implementing policy on it.
Written By: - Date published: 6:31 pm, June 11th, 2023 - 65 comments
The Green Party has today announced an income guarantee and a wealth tax.
Written By: - Date published: 8:24 am, June 1st, 2023 - 64 comments
The pros & cons of tax cuts vs. universalism suggest that universalism might be universally better for New Zealand.
Written By: - Date published: 8:09 am, April 27th, 2023 - 186 comments
With the release by David Parker of a report showing that the wealthiest New Zealanders pay tax at much less than half the rate of other Kiwis is it time to again debate the virtue of a comprehensive Capital Gains Tax.
Written By: - Date published: 10:04 am, March 10th, 2023 - 49 comments
The case for redistribution of wealth in New Zealand.
Written By: - Date published: 8:39 am, March 5th, 2023 - 27 comments
To pay for recent flood damage Grant Robertson has to decide on what proportion of this will be paid by new debt, what proportion by reallocation of expenditure, and what proportion by special tax levies. Is an Australian style levy under consideration?
Written By: - Date published: 3:57 pm, February 20th, 2023 - 69 comments
The repair bill for the recent cyclones will be similar to the direct cost to government of the Canterbury earthquakes, in the $13 billion region. Banks are currently making obscene profits. The time is right to impose a one-off banking windfall tax. If a conservative Margaret Thatcher can do it, it is pretty hard to argue why a Labour government can’t.
Written By: - Date published: 2:47 pm, January 2nd, 2023 - 18 comments
One of the mysteries of the ages has now been resolved. One of the great mysteries along with who killed JFK and is there life on Mars is how wealthy is the orange one. And now we know. And it appears that he is not as wealthy as he made out to be.
Written By: - Date published: 1:14 pm, October 30th, 2022 - 46 comments
“An excess profit tax would be a simple and effective way for large corporations to pay their fair share, unlocking the resources all of us need to live with dignity, put a roof over our heads and food on the table,” says Green Party Finance spokesperson, Julie Anne Genter.
“Today, we have released a discussion document exploring how an excess profit tax could be designed – and how the additional revenue should be spent. We are also considering the alternative of raising company tax rates so that all profits are taxed more.”
Written By: - Date published: 8:51 pm, August 31st, 2022 - 63 comments
National’s attack on requiring banks to charge GST on the provision of Kiwisaver services the same as smaller services is deeply cynical when its attacks on Kiwisaver in the past are considered.
Written By: - Date published: 10:16 am, August 22nd, 2022 - 33 comments
National’s media spin team is at it again claiming that removing interest rate deductibility for landlords is a “tenant tax” when it is neither a new tax nor for tenants.
Written By: - Date published: 10:25 am, August 7th, 2022 - 13 comments
Chris Bishop has accused Labour of engaging in dirty politics for pointing out that this week National has changed its policy on income tax indexation twice.
Written By: - Date published: 9:21 am, May 31st, 2022 - 48 comments
In 21 tweets Clint Smith has set out why National’s tax cut policies and its rhetoric are absurd and how the media is doing us a disservice by not asking the hard questions like what will be cut and how the promised tax cuts will be paid for.