Posts Tagged ‘trickle down’

Tax cuts for landlords will not reduce rents

Written By: - Date published: 11:23 am, March 11th, 2024 - 127 comments

Recently the Government has been working out how to cut funding for school lunches for poor kids while at the same time it has also announced that it will restore interest deductibility for landlords.

Flact Tax

Written By: - Date published: 7:54 am, June 17th, 2019 - 175 comments

Act has proposed a tax increase for the bottom 64% of all tax payers.

Clinton on “trickle down” economics

Written By: - Date published: 12:34 pm, August 9th, 2016 - 37 comments

Lefties have been saying it since forever, but it’s nice to have Hillary Clinton on record.

Suck-up economics proceeding as planned – rich getting richer

Written By: - Date published: 9:42 am, June 29th, 2016 - 56 comments

Inequality in NZ is the worst it’s been in a decade. Key’s response is pathetic. We need to vote to end suck-up economics. We need to be a better country than this.

62 vs 3.6 Billion

Written By: - Date published: 7:02 am, January 19th, 2016 - 155 comments

Ever widening inequality generates ever more astonishing statistics – suck up economics in action. The super-rich are laughing all the way to the bank.

Parasite Drive; the NBR Rich List

Written By: - Date published: 10:50 am, July 31st, 2015 - 98 comments

The NBR’s annual list of the one percent is out. No surprises that the growing inequality in New Zealand is working well for the parasites at the top of the hill.

The death of trickle down economics and the mess we’re in

Written By: - Date published: 7:11 am, June 17th, 2015 - 139 comments

Trickle down economics is pronounced dead by the IMF. Housing, the working poor and the economy – the policy settings are wrong everywhere.

Pragmatism and the limits of patience

Written By: - Date published: 9:08 am, April 13th, 2011 - 20 comments

Bill English managed to cause quite a fuss this week with his claim that New Zealand had a “competitive advantage” due to factors like our low wage economy.  Another of the factors that English cited was how “pragmatic” the public are as the Nats ram through their economic changes…

Did the tax agenda deliver?

Written By: - Date published: 2:00 pm, May 21st, 2010 - 11 comments

In what it seems to think is an act of benevolence and economic genius, National has decided to borrow a pile of money, cut key public services, put up GST, and give me an extra $1000 a year. Will it make me work harder? Hell no. My partner and I are already paid plenty. If anything it will make us look at ways to reduce the amount we work.

Grateful poor to thank rich for trickle down wealth

Written By: - Date published: 1:09 pm, May 19th, 2010 - 29 comments

It is befitting that the 27st of May – just one week after the Budget – marks Thank The Rich Day, which sees poor people the length of the country gearing up to offer their gratitude to the rich for their contribution to the welfare of the poor through making themselves richer. Thank The Rich Day is, in fact, the brainchild of grocery packer Joe Brown…

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