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notices and features - Date published:
5:30 pm, February 26th, 2024 - 22 comments
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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. ...
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First they discount the growth in government assets to exaggerate the public debt.
Then they say there is not enough money for their transport plan, nor for the existing school build programme.
National is preparing the public for TINA but to have others fund and offload the cost to future governments (a cost greater than a growth of public debt).
https://www.1news.co.nz/2024/02/26/bordering-on-crisis-govt-to-investigate-school-property-system/
ACT wants this for new hospital building.
https://www.rnz.co.nz/news/national/504309/government-considering-different-funding-models-to-build-new-hospitals
No, first they promised unaffordable tax cuts. They couldn’t account for them then but they will never ever admit this because it’s not their fault.
They did try … first the stamp duty on foreign investors, then keeping smokers addicted to nicotine (though they did and still neglect to note the cost of moving the bright-line test from 10 to 2 years … ).
I also fail to detect cognisance of the impact removing the incentive on landlords to move investment to new builds – this will result in higher rents, lower income tax take and decline (and bankruptcy) in building company profits and tax liability.
Dumbest government ever.
Fortunately, the RBNZ is (still) independent of this coalition government.
https://www.nzier.org.nz/publications/shadow-board-recommends-the-reserve-bank-should-keep-the-ocr-on-hold-in-february
The government is one intent on a direction – lack of tax revenues – whereby it cannot maintain the capability to fund provide public services.
https://archive.li/WN2md#selection-1063.22-1067.75
https://archive.li/frdvt#selection-1073.0-1073.205
Thus it is noteworthy that Labour is not working with Greens and Maori Party on tax policy, but appears to be offering little different to National in the wealth and estate tax area (though Treasury would be aware of the cost of landlord claiming costs against rent income and moving from a 10 year to 2 year bright-line test).
https://www.nzherald.co.nz/nz/politics/labours-worst-week-highlights-its-existential-crisis-political-round-up/X5ZFOQ53UJAZXPWZVKJ4ETBTVY/
Would be beautiful irony if it was National that forced through a CGT. Never mind the budget, they'd just do it. An announcement, then under urgency the next day.
Like dogs eating their own vomit the rich pricks of NZ would be stunned, then automatically fall in line and chow down.
Perhaps this is the only way a GCT will get over the line.
Any party that looked like they were going to get a CGT, Wealth Tax or Inheritance Tax over the line, by fair or foul means, would have that much money flowing into their party coffers from the Financial Services industry they wouldn't know what to do with it.
All, or either tax, would be an absolute goldmine for that industry as all the affected people re-arrange their affairs to avoid the tax. they'd probably make ore out the tax than the government would.
If there's money to be made I can't see National being too far away, and the faithful will believe.
Care to try and flesh out that reckon?
How much would the three CGT, wealth tax or estate tax generate – and how much money would people pay to avoid those taxes?
First a fact – they would not pay more to avoid tax, than they would in tax.
I wouldn't be surprised to see the Nats support a weak, ineffective and low revenue raising CGT to head off more effective wealth redistribution measures such as a Wealth Tax or Land Tax.
This is probably why the banks favour capital gains taxes. The point being that a cgt is not levied until after a property is sold and the bank in question no longer has any financial interest in it. Wealth and land taxes, on the other hand, are paid on a regular basis while the property is still owned, and therefore affects negatively the owner's capacity for paying interest.
I have funded my own cataract op ($5k) a few years ago and I am about to pay for a hip replacement ($26k) both of which you would get on the NHS in the UK.
How can they talk about making even more cuts to NZ's health system?
"Ghahraman then allegedly stole twice from Scotties Boutique in Ponsonby – once on December 21 taking an item worth $2060 and then a second time on December 23, taking an item valued at $7223."
An item (of clothing?) worth $2060? Then another "valued at $7223"
???????????????????????????????????????????????????????????????????????????
https://www.stuff.co.nz/nz-news/350192964/police-set-lay-additional-charge-against-former-green-mp-golriz-ghahraman
Nether worn a gathered tiered dress or robsy long coat (on special)?
https://scottiesboutique.co.nz/collections/dresses
https://scottiesboutique.co.nz/collections/coats
The Row provide something more expensive.
https://scottiesboutique.co.nz/collections/the-row?sort_by=price-descending
Crikey.
They have a Dinari Black Sleeveless Silk dress by Christian Wijnants at $1295 and they can't even get the hem level!
It appears to be of a deliberate design – hem length variables are in fashion in women's tennis at the moment.
https://scottiesboutique.co.nz/collections/dresses/products/christian-wijnants-resort-2024-diatou-scarf-dress-black-mint-sanskrit
I see tents are in this year.
It's the novelty of arms inside a dress, such big sleeves …
Don't worry Robert. She may not be instantly discharged without a conviction but I expect she will get diversion and no criminal record.
Fuck.
//
Ignacio (Nacho) Juárez
@PenguiNacho
It has finally happened. HPAI has been confirmed for the first time in Antarctica. Two skuas found at Primavera Station (Arg) and analysed by molecular biologists of the Spanish polar programme. Fingers crossed for the penguins and the seals next season
https://twitter.com/PenguiNacho/status/1761836424989381068
Scientists from the Severo Ochoa Molecular Biology Center of the Higher Council for Scientific Research (CSIC), dependent on the Ministry of Science, Innovation and Universities, have confirmed the presence, for the first time in Antarctica, of the Highly Pathogenic Avian Influenza virus.
The group of scientists, led by CSIC researcher Antonio Alcamí, who works at the Spanish Antarctic Base “Gabriel de Castilla”, on Deception Island, confirmed the presence of the virus this past February 24.
Specifically, the virus has been found in two samples of dead skuas (skuas), which were found by Argentine scientists near the Argentine Antarctic base “Primavera”.
google translate
https://www.ciencia.gob.es/Noticias/2024/febrero/gripe-aviar-antartida.html
And it is H5 subtype.
https://www-ciencia-gob-es.translate.goog/Noticias/2024/febrero/gripe-aviar-antartida.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
Bit of a lottery.
HPAI A(H5) or A(H7) virus infections can cause disease that affects multiple internal organs with mortality up to 90% to 100% in chickens, often within 48 hours. However, ducks can be infected without any signs of illness.
https://www.cdc.gov/flu/avianflu/influenza-a-virus-subtypes.htm