web analytics

Douglas gets it

Written By: - Date published: 2:16 pm, March 25th, 2009 - 15 comments
Categories: act, national/act government, tax - Tags:

Roger Douglas in a press release today:

National’s goal of a top personal, company and trustee tax rate of 30 cents in the dollar is laudable – but it must remember that there is no such thing as a free lunch, ACT New Zealand Finance Spokesman Sir Roger Douglas said today.

“It is pointless setting goals around tax revenue without first looking at the other side of the Government’s accounts – the expenditure side,” Sir Roger said.

So what are they going to cut?

15 comments on “Douglas gets it ”

  1. Chess Player 1

    “So what are they going to cut?”

    Hmm, not much, by the look of the number of answers to your question so far…

  2. TomSe 2

    This sort of economics has a name – it is called Bushonomics, after our dear friend George W, and as i have said before, it is becoming clearer by the day that it is the reign of King George W. The First that this National administration is most resembling.

    Vacillating leadership by an inconsequential stuffed shirt, the mirage of “decisions” by PR farrago from their fantasyland of hired flacks, followed by a bullying edict where the likes of Collins or Ryall or Brownlee try and make their own reality, and lobby groups of the hard right running wild in the policy hole left by weak and incompetent ministers. It is all there.

    • Draco T Bastard 2.1

      This sort of economics has a name – it is called Bushonomics,

      And Rogernomics and Reagenomics and Thatcherism…
      As you imply – it’s been tried before and it didn’t work then either.

      Definition of stupidity – doing the same thing over and over again and expecting a different result. This can definitely be applied to NACT and the Dunne Party.

  3. George Darroch 3

    These aren’t tax cuts. Because there are no corresponding spending cuts.

    They are simply a shift of tax from current New Zealanders to future New Zealanders. Debt.

    Now, there’s nothing necessarily wrong with that. I’m saddling my future self with a couple of debts, because I think that they’re worthwhile investments. Productive investments are good. But all this debt is funding is extra consumer spending – in the hope that this will benefit the economy and cover the difference.

    It won’t. There is no evidence provided by this Government, or in international experience, that such an approach works.

  4. Kaplan 4

    The truth is that they are going to cut plenty. The problem is they are not upfront about it so having any kind of meaningful debate is difficult because you can’t counter the ‘That’s your opinion’ retort.
    At least until after the cuts have been made, and then it is to late…

  5. BLiP 5

    Humanity and the arts

    • Phil 5.1

      I’m assuming you meant humanities in the educational/artistic sense, and not humanity in the biological sense…

      … but that would work too – we can start with the oldies and get rid of GRI altogether.

      • BLiP 5.1.1

        I meant basic humanity – but take your point. National is doing a pretty good job on the poor malnourishing themselves with McDonalds, pies and Coke at school. Must reduce life expectancy, surely – but have they considered the health costs, I wonder.

    • Felix 5.2

      Cuts to humanity need to be made globally, it’s not much use just getting rid of a handful of humans in NZ while the rest of the world’s population continues to grow.

      A concerted international effort is required.

  6. Kaplan 6

    God I sound defeatist. bugger it.
    To be cut;
    Kiwisaver, Jobs, KiwiRail, ACC, Road Safety, Inconveniently Placed Trees, Public Transport, R&D, Health.
    I’m sure there is heaps more but it’s all OK because along with my tax cut I am getting a fastererer interweb and a shiny new cycling way.

  7. Simon-5 7


    It’s time the Labour electorate started pulling their weight. The rest of us are tired of carrying you.

  8. vinsin 8

    There’s some cuts planned to mission-on mentioned in today’s granny. They’re soft cuts but they’re obviously starting small like a snowball.

  9. Stephen 9

    haha nice one Phil

Recent Comments

Recent Posts

  • Twenty highlights of 2020
    As we welcome in the new year, our focus is on continuing to keep New Zealanders safe and moving forward with our economic recovery. There’s a lot to get on with, but before we say a final goodbye to 2020, here’s a quick look back at some of the milestones ...
    2 weeks ago

  • Cook Islanders to resume travel to New Zealand
    The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such as health. “Following confirmation of the Cook Islands’ COVID ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Supporting communities and landowners to grow employment opportunities
    Jobs for Nature funding is being made available to conservation groups and landowners to employ staff and contractors in a move aimed at boosting local biodiversity-focused projects, Conservation Minister Kiritapu Allan has announced. It is estimated some 400-plus jobs will be created with employment opportunities in ecology, restoration, trapping, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Border exception for some returning international tertiary students
    The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began. The exception will allow students to return to New Zealand in stages from April 2021. “Our top priority continues ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Tiwai deal gives time for managed transition
    Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New member for APEC Business Advisory Council
    Prime Minister Jacinda Ardern has appointed Anna Curzon to the APEC Business Advisory Council (ABAC). The leader of each APEC economy appoints three private sector representatives to ABAC. ABAC provides advice to leaders annually on business priorities. “ABAC helps ensure that APEC’s work programme is informed by business community perspectives ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt’s careful economic management recognised
    The Government’s prudent fiscal management and strong policy programme in the face of the COVID-19 global pandemic have been acknowledged by the credit rating agency Fitch. Fitch has today affirmed New Zealand’s local currency rating at AA+ with a stable outlook and foreign currency rating at AA with a positive ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Additional actions to keep COVID-19 out of NZ
    The Government is putting in place a suite of additional actions to protect New Zealand from COVID-19, including new emerging variants, COVID-19 Response Minister Chris Hipkins said today. “Given the high rates of infection in many countries and evidence of the global spread of more transmissible variants, it’s clear that ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • 19 projects will clean up and protect waterways
    $36 million of Government funding alongside councils and others for 19 projects Investment will clean up and protect waterways and create local jobs Boots on the ground expected in Q2 of 2021 Funding part of the Jobs for Nature policy package A package of 19 projects will help clean up ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand Government acknowledges 175th anniversary of Battle of Ruapekapeka
    The commemoration of the 175th anniversary of the Battle of Ruapekapeka represents an opportunity for all New Zealanders to reflect on the role these conflicts have had in creating our modern nation, says Associate Minister for Arts, Culture and Heritage Kiri Allan. “The Battle at Te Ruapekapeka Pā, which took ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Better care for babies with tongue-tie
    Babies born with tongue-tie will be assessed and treated consistently under new guidelines released by the Ministry of Health, Associate Minister of Health Dr Ayesha Verrall announced today. Around 5% to 10% of babies are born with a tongue-tie, or ankyloglossia, in New Zealand each year. At least half can ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Prisoner disorder event at Waikeria Prison over
    The prisoner disorder event at Waikeria Prison is over, with all remaining prisoners now safely and securely detained, Corrections Minister Kelvin Davis says. The majority of those involved in the event are members of the Mongols and Comancheros. Five of the men are deportees from Australia, with three subject to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Pre-departure COVID-19 test for travellers from the UK and the US from 15 January
    Travellers from the United Kingdom or the United States bound for New Zealand will be required to get a negative test result for COVID-19 before departing, and work is underway to extend the requirement to other long haul flights to New Zealand, COVID-19 Response Minister Chris Hipkins confirmed today. “The new PCR test requirement, foreshadowed last ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • PM congratulates New Year Honour recipients
    Prime Minister Jacinda Ardern has added her warm congratulations to the New Zealanders recognised for their contributions to their communities and the country in the New Year 2021 Honours List. “The past year has been one that few of us could have imagined. In spite of all the things that ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • David Parker congratulates New Year 2021 Honours recipients
    Attorney-General and Minister for the Environment David Parker has congratulated two retired judges who have had their contributions to the country and their communities recognised in the New Year 2021 Honours list. The Hon Tony Randerson QC has been appointed a Companion of the New Zealand Order of Merit for ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Year’s Honours highlights outstanding Pacific leadership through challenging year
    Minister for Pacific Peoples Aupito William Sio says the New Year’s Honours List 2021 highlights again the outstanding contribution made by Pacific people across Aotearoa. “We are acknowledging the work of 13 Pacific leaders in the New Year’s Honours, representing a number of sectors including health, education, community, sports, the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Supporting seniors to embrace technology
    The Government’s investment in digital literacy training for seniors has led to more than 250 people participating so far, helping them stay connected. “COVID-19 has meant older New Zealanders are showing more interest in learning how to use technology like Zoom and Skype so they can to keep in touch ...
    BeehiveBy beehive.govt.nz
    2 weeks ago