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: 8:25 am, March 1st, 2023 - 60 comments
Instead of creating an appeal fund and one-off lotto draw, the Labour Government could tax the billions of dollars banks have made in unearned, excess profits and use the money to support people.
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: 1:29 pm, January 18th, 2023 - 48 comments
Mega property owning entrepreneur Graeme Fowler thinks we can all be rich if we just changed our attitude.
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: 11:33 am, November 5th, 2022 - 86 comments
National’s recent press releases show that its approach to politics will be relentlessly negative, with no idea of what it will do as an alternative or how it will fund changes.
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.
Written By: - Date published: 12:29 pm, May 11th, 2022 - 41 comments
Act has publicly released its proposal to decimate the state should it have a say in the next Government. Its Real Change Alternative Budget may be wet dream inducing for Ayn Rand acolytes but for the rest of us the proposals should instill a deep sense of dread.
Written By: - Date published: 7:12 am, April 29th, 2022 - 157 comments
The tide of this government is running out. There’s 18 months left in the term. What would you save?
Written By: - Date published: 3:40 pm, April 27th, 2022 - 49 comments
Is Revenue Minister David Parker’s plan to gather tax data on the wealthy just more procrastination by this Labour government on making the tax system fairer? Or is it recognition the public debate needs a long-term frame to get a capital gains, or wealth tax, over the line?
Written By: - Date published: 8:05 am, April 26th, 2022 - 45 comments
Jack Tame’s interview of Chris Luxon on Q&A suggests that the post leadership change honeymoon may now be over and that Luxon does not really understand how difficult a job being Prime Minister would be.
Written By: - Date published: 11:38 am, March 22nd, 2022 - 81 comments
Chris Luxon has admitted in National media that provision of assistance to the poor is “bottom feeding”.
Written By: - Date published: 9:05 am, March 17th, 2022 - 141 comments
There has been the occasional criticism of Labour for not achieving enough progressive change by people who then propose supporting National. What are they thinking?
Written By: - Date published: 8:53 am, March 15th, 2022 - 146 comments
Labour’s announcement of a temporary reduction in fuel excise duties and a halving of public transport fares ups the ante on the debate on how to alleviate hardship caused by overseas induced inflation.
Written By: - Date published: 8:11 am, March 13th, 2022 - 125 comments
To help the poorest amongst us during the current times of International hyper inflation National has come up with a list of tips to help them. But no money.
Written By: - Date published: 1:42 pm, March 9th, 2022 - 79 comments
For so called economic geniuses National sure struggles to understand how to properly cost fiscal policy. Its latest response to news that it proposed tax cuts would wipe out all discretionary spending in its first budget is to fudge the dates on which the cuts would be made.
Written By: - Date published: 8:14 am, March 7th, 2022 - 107 comments
National has proposed to reverse all tax changes implemented by Labour and claims that the cuts can be managed without damage to the state. But the figure it uses, $1.7 billion a year, includes income tax adjustments only and not the cost of the removal of other taxes.
Written By: - Date published: 11:20 am, January 24th, 2022 - 86 comments
In a welcome change Millionaires and billionaires worldwide are calling for governments to tax them more.
Written By: - Date published: 9:14 am, November 20th, 2021 - 52 comments
Two days before what is claimed will be the mother of all protests links between the Groundswell organisation and the Taxpayers Union have been discovered.
Written By: - Date published: 9:43 am, October 21st, 2021 - 71 comments
Yesterday National released what feels like take 16 of its Covid response plan, this one focussing on business interests and setting a hard timeline for reopening. But getting significant details wrong and rehashing failed policies previously tried in England has dampened its effect.
Written By: - Date published: 8:42 am, October 9th, 2021 - 18 comments
While we have mainly been occupied with containing the current Covid-19 outbreak, world news has been looking at documents revealing probable dirty capital and tax dodging by the affluent. NZ has a delayed local problem with this. Warning was given. We should just terminate the supporting legislation and replace it with transparency. (Updated)
Written By: - Date published: 7:52 am, July 26th, 2021 - 51 comments
Aotearoa has been super sizing its vehicle fleet for over a decade and given Jacinda Ardern claim that Climate Change as her generation’s nuclear-free moment, why is her government not smacking ute owners and other gas guzzlers much harder than the just the feebate? Large vehicles increase climate change and wild weather. Fringe Benefit tax is payable on them and usually not collected. Plus they are deadly dangerous to pedestrians and other vehicles.
Written By: - Date published: 11:09 am, June 22nd, 2021 - 5 comments
Since real estate is that machine that relentlessly powers our society and most of our economy, it’s already worth checking whether this governments’ recent policy changes are starting to have some of its intended effects.
Written By: - Date published: 9:58 am, May 22nd, 2021 - 31 comments
It is good to see our comrades in the Taxpayers Union celebrate the glorious Socialist revolution that is currently engulfing Aotearoa.
Written By: - Date published: 1:27 pm, May 17th, 2021 - 20 comments
Forlorn for now though they may be, this is the advice National MPs need right now.
Written By: - Date published: 7:00 am, April 23rd, 2021 - 97 comments
As we lead up to Budget 2021, there’s much more shape to the whole direction of this government.
Written By: - Date published: 9:09 am, April 5th, 2021 - 163 comments
Merchant Banker Troy Bowker has accused the Government of engaging in Socialist wealth redistribution ideology by not extending to landlords a state supported loan guarantee scheme and by implementing relatively modest wealth redistribution measures.
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