The tax cut fizzer

Written By: - Date published: 9:05 am, October 1st, 2010 - 79 comments
Categories: gst, tax - Tags:

For a long, long time National and the Right have tried to convince us that all we really need is tax cuts. You can understand why: their other policies are deeply unpopular, cutting taxes is a roundabout way of cutting public services, which they hate, and tax cuts deliver the most to their wealthy base.

Now, the ‘great tax switch’ has happened. We’ve been promised that this will make a step change for the economy. Will it? No.

1) Don’t expect more cash at the end of the day. Unless you’re in the wealthiest few percent (and, let’s face it, not many of you are) then your income tax cut will be eaten up by the GST rises, ACC levy rises, and the need to privately purchase services that were provided publicly before National’s cuts.

Let’s think about it: the money for these tax cuts didn’t come out of thin air. It comes from GST and borrowing. Every dollar spent on the tax cuts is one that can’t be spent on underfunded public services. It’s a zero-sum game: what you get in income tax cuts, you lose somewhere else.

2) Don’t expect higher growth/more jobs. It’s strange that National are claiming that the tax swap will boost growth. Absolutely no evidence has been provided to suggest this is true. And why would it be true? At the end of the day, most taxpayers are getting a 2-odd% increase in their take home pay and paying for that with a 2.2% increase in the cost of their purchases. Marginal stuff.

The only people who will get a serious difference out of this are the Bill Englishes, John Keys, and Paul Reynoldses of this world who will get hundreds of dollars a week. That’s funded by borrowing and don’t expect them to spend it all to boost the economy. Trickle down has never really existed.

3) There is no real evidence that the tax switch will encourage people to work more or spend more money. The tax changes haven’t created more work, so why would employment go up? At best lower income tax might make people willing to work for lower gross wages, lowering labour costs. Marginal stuff again, and not how we build a high wage economy.

As Fabregas4 said in a guest post contribution: “My personal payroll expert (Mrs Fabregas4) tells me that come the tax cuts I’ll be getting an extra $182 per fortnight.  I already earn over $105k per annum.  I don’t need it, don’t particularly want it, would rather it was used for teachers, doctors and other good things.  Have I invented Tax Cut remorse!

No you can’t have it – any of you – not directly anyway – but if you are poor kid in Africa you might just get it (not helping our economy at all I realise).”

4) Don’t expect the wage gap with Australia to close. NZIER has shown that tax cuts will do nothing to close the wage gap with Australia. Quite simply, tax cuts cannot make up for wage rises. Even if we eliminated income tax altogether the wage gap would still exist (and we would have to be buying all the things we used to get as public services out of pocket).

If we want to close the wage gap, we need to boost wages. And National has opposed every single wage rise under its watch.

So, this is it. This is National’s big magic trick. What a fizzer.

The question, now that the government has mismanaged the books so badly they have had to borrow just for these tax cuts, is what National will present to us at the election. It’ll have to be something pretty fancy to distract us from its privatisation agenda. I’m guessing it’ll be more tax cuts, paid for with more borrowed money.

79 comments on “The tax cut fizzer ”

  • Comments are now closed

  1. jimmy 1
    1 October 2010 at 9:24 am

    A good quote I came accross on Wikipedia (Supply-side economics page):

    “the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows”

  2. just saying 2
    1 October 2010 at 9:32 am

    I hope intending Labour voters take note of this post.

    David Cunnliffe was talking tax “relief” for the middle class just a month or two ago.

    Remember: Labour is willing to take from our underfunded services, to fund an election bribe for soft National voters, so that they may remodel their kitchens and travel internationally more often.

    Hospitals, schools, social services….. – COMMUNITIES – could use some ‘relief.’

    But Labour’s sympathies lie elsewhere.

    “The many not the few” huh?
    pffff

    • Craig Glen Eden 2.1
      1 October 2010 at 9:54 am

      Unlike National Labour do care for the many. Labour do understand that it is getting harder and harder for many in the middle class and even well paid middle class to make ends meet as they fund Nationals elite who will get the most from this tax switch.

      National never change they have just get worse as the years roll on, same old theory except they apply it even harder each time they get in, this lot are starting to make Ruth look moderate.

  3. Tiger Mountain 3
    1 October 2010 at 9:39 am

    “north of $50” is definitely looking a bit sick (as others have noted)

  4. Olwyn 4
    1 October 2010 at 9:53 am

    Having given up on manufacturing and the like, employment is largely in retail and service jobs – or jobs pertaining to consumption. Now we want to stifle consumption by replacing some income tax with a higher consumption tax. Should this work it will mean less jobs in retail and service industries, but what other jobs are there? Especially with the public service being decimated at the same time. The line of thought seems to go like this: we will be richer if we don’t do much manufacturing in this country, since it can be done more cheaply elsewhere. But we don’t want a rabble with no money and time on their hands. So let’s take up low grade inane consumption, so as to absorb them all into low paid jobs – this will give them a little money and no time on their hands. But wait a minute, if we curb their consumption habits as well we will have still more money. Except if we curb their consumption habits, there goes the low paid jobs. Just about every line of thought that comes from neo-liberalism leads into a contradiction, reminiscent of that associated with the tyrant toward the end of Plato’s Republic.

  5. tsmithfield 5
    1 October 2010 at 10:11 am

    “You can understand why: their other policies are deeply unpopular”

    Have you got any evidence for this statement, Marty? The opinion polls certainly wouldn’t support you on this.

    • prism 5.1
      1 October 2010 at 10:43 am

      What those on-line polls populated by really deep thinking people like here?

      • tsmithfield 5.1.1
        1 October 2010 at 10:57 am

        Nah. I was thinking more of the average of all public polls

        • Pascal's bookie 5.1.1.1
          1 October 2010 at 11:08 am

          What do they tell you about the popularity of their other policies?

          • tsmithfield 5.1.1.1.1
            1 October 2010 at 11:19 am

            It wasn’t me who made the claim that National’s policies are “deeply unpopular”. I just asked for evidence. My point is that the polls don’t provide any. Haven’t seen anything else from Marty yet. He has made the statement. Its not up to me to prove the reverse.

            • roger nome 5.1.1.1.1.1
              1 October 2010 at 11:28 am

              ts:

              “polls don’t provide any”… evidence

              That’s not what the pollies seem to think. If what you said you were true, there would be no need for all the internal polling that the major parties do. You’re really just quite hopeless at this bloging thing aren’t you?

              • tsmithfield …
                1 October 2010 at 12:15 pm

                Roger,

                IF National’s policies are deeply unpopular as Marty asserts, THEN this should be reflected in the polls.

                The consensus of all public polls shows the reverse. Therefore, unless Marty can come up with evidence to contradict this contrary evidence, then he is talking nonsense.

                • roger nome …
                  1 October 2010 at 12:28 pm

                  ts – public opinion is mainly driven by the mass media, and if you believe what they tell you, all you’ll think of National is “gee what a smiley face that Mr Key has. His government must be benign”.

                  Again: the popularity of Brand Key, and the popularity of the policies that he gets his “bad cop” ministers to announce, are not the same things.

                  • tsmithfield …
                    1 October 2010 at 12:40 pm

                    I don’t actually have to “believe” anything. Whether or not you accept the polls does nothing to provide evidence to prove Marty’s unsupported assertion that National’s policies are “deeply unpopular”. Even if I accepted that the polls provide no evidence that National’s policies are popular, they certainly do nothing to support Marty’s assertion that National’s policies are “deeply unpopular”.

                    The burden of proof is on Marty, not on me. To date I have seen no evidence whatsoever produced to support this assertion.

                    • Pascal's bookie …
                      1 October 2010 at 12:50 pm

                      What? marty has the burden of proving your assertions?

                      “The opinion polls certainly wouldn’t support you on this.”

                      “My point is that the polls don’t provide any”

                      “The consensus of all public polls shows the reverse.”

            • Pascal's bookie 5.1.1.1.1.2
              1 October 2010 at 11:33 am

              “I just asked for evidence.”

              Here’s what you said:

              “The opinion polls certainly wouldn’t support you on this.”

              And:

              “My point is that the polls don’t provide any”

              emph. mine.

              Those are claims, not questions.

              • tsmithfield …
                1 October 2010 at 1:10 pm

                Pascal, you seem to have some difficulty in comprehending this argument.

                It was Marty who made the unsupported assertion:

                “their other policies are deeply unpopular”

                He provides no evidence to support this assertion. The burden of proof is on him to do so. He can’t rely on the consensus on polls which run in the opposite direction to what he would require as proof.

                I have seen nothing else put forward that would amount to “evidence” from anyone here.

                Comprehende?

                • Pascal's bookie …
                  1 October 2010 at 1:30 pm

                  No no I comprehend all that just fine. (Well, that of it which makes sense anyway). It’s transparently simple stuff. So simple even you get it.

                  The thing is that you responded to marty with a series of statements.

                  In any sort of discussion there isn’t just one burden of proof. Such burdens apply to all statements. Including yours. This may seem terribly unfair that you have to also support what you say, but think about it. It’s not.

                  You didn’t just ask him for his evidence, you said he was wrong. You said the evidence went the other way, that this was certain, that the polls in fact, show the reverse.

                  These are claims of yours that I am merely asking you to support.

                  geddit?

                • Pascal's bookie …
                  1 October 2010 at 1:35 pm

                  The data you linked to does not support your claims made about the popularity of national’s other policies, before you start imagining that it is relevent in any way to the question.

                  • tsmithfield …
                    1 October 2010 at 2:32 pm

                    Have to disagree with you AND you still don’t seem to understand what you describe as “transparently simple”.

                    1. I started off pointing out that Marty was making an unsupported assertion that National’s policies were “deeply unpopular”. As it stands he hasn’t provided evidence for that.
                    2. I pointed to polls that were inconsistent with the proposition that National’s policies are “deeply unpopular”. You might not agree that the polls mean that (I think they do) but they certainly are not consistent with Marty’s statement.
                    3. Regardless of whether you accept the evidence I have put forward as contrary evidence or not, it still doesn’t change the fact that Marty’s initial assertion is unsupported.

                    Look at it this way. All I really had to say in response to Marty’s unsubstantiated assertion was “prove it”. That is where the position still is at the moment. Whether or not you accept the consensus of polls as contrary evidence is irrelevant to that. I don’t have to prove that National’s policies are popular to disprove Marty’s assertion that National’s policies are “deeply unpopular”. Get it now?

                    • Pascal's bookie …
                      1 October 2010 at 3:27 pm

                      “I don’t have to prove that National’s policies are popular to disprove Marty’s assertion that National’s policies are “deeply unpopular”.”

                      Sure you do. That is, if it is your position that Marty’s thesis is not true, then that is what you have to show. You don’t get to say that Marty hasn’t proved his point so therefore it’s false.

                      And you don’t seem to understand what it is that you have said. You have said that, for example,

                      “The consensus of all public polls shows the reverse.”

                      that is a statement you are amking. It’s something you are under exactly as much burden to prove as marty is his statements.

                      Marty’s thesis was that National sells it’s tax cut meme so hard because it’s other ideas are not popular.

                      You responded by claiming that it’s policies are too popular and that the evidence supports you.

                      For this evidence you tried pointing to polls showing that National is popular, which tells us nothing about marty’s thesis.

                      1)National can be popular because people like the way John Key keeps preventing his ministers from implementing things like mining in our parks and SOE sales.
                      2)National could be popular because it is good at selling it’s tax cut meme. People could well believe that the tax cuts which they like are worth all the other things that National does.

                      So there’s two blatantly obvious ways in which Marty’s thesis could be entirely consistent with the polls you mentioned.

                      You’re just a bit thick mate.

                    • tsmithfield …
                      1 October 2010 at 3:44 pm

                      I don’t disagree with you.

                      However, at least I have put up something as evidence for my position. This is something we can debate. I believe on the balance of probability (the civil test) that the consensus of poll results would indicate that National’s policies are not “deeply unpopular”. This is because policies that meet the threshold of “deeply unpopular” are likely to be reflected in the polls.

                      The difference with Marty is that he has put up nothing to support his assertion at all. Thats the difference.

        • roger nome 5.1.1.2
          1 October 2010 at 11:17 am

          ts – the popularity of Brand Key, and the popularity of the policies that he gets his “bad cop” ministers to announce, are not the same things.

        • bbfloyd 5.1.1.3
          1 October 2010 at 6:21 pm

          TS… i find it hard to believe that there could still be people so out of touch with reality as to be still incapable of understanding how pollsters operate in this world. for you benifit, i will explain…. the polling companies get paid to do polls.. with me so far? good… the people who pay for those polls generally are looking for a result that reflects well on themselves, or their product. three… polling companies will then confine their polling to demographics that will tend to provide the answers required.. and as added insurance, will ask questions in a way that makes it difficult to give answers that negate the point of the poll in the first place….. this is the short version of the lesson.

          the point to remember is that polls can not be trusted to give accurate answers and hanging your hat on them only weakens your already shaky credibility..

          • luva 5.1.1.3.1
            1 October 2010 at 10:34 pm

            Riiiiiight

            any evidence to back yet another crazy conspiracy theory up.

            How in gods name do you know where the poll was taken.

    • roger nome 5.2
      1 October 2010 at 11:08 am

      Smithfields are quite intelligent dogs, so what the hell are you doing with that name?

      A relatively scientific UMR poll found that 80% of NZers think that people should be allowed at least some minimum work rights. So the the Nats are wayyyy out of whack with the public on industrial relations, and have been for so long i can’t remember the last time they got it righ. Muldoon was a control-freak interventionist (wage freeze etc) and Bill Birch was a “leave it to the market, slash state spending, watch unemployment soar, and wages plummet” kind of guy.

      With a record like that, how can anyone claim that National isn’t the bosses’ party?

    • Draco T Bastard 5.3
      1 October 2010 at 12:22 pm

      There’s a reason why Jonkey promised not to sell off state assets in his first term even though it’s obvious that NACT want to. When Banks said that he would be unelectable if he wore his policies on his sleeve he was speaking for the entire National Party and Act.

      • The Baron 5.3.1
        1 October 2010 at 3:47 pm

        But they wouldn’t need to sell off anything if we just started printing more money and stopped importing bananas, right Draco?

        Viva la revolution! Everyone will be paid with MILLION DOLLAR NOTES! Then go home and have to build their own cars…

        • Draco T Bastard 5.3.1.1
          1 October 2010 at 5:16 pm

          Getting desperate I see.

        • bbfloyd 5.3.1.2
          1 October 2010 at 6:33 pm

          Baron.. that’s even stupider than your last silly rant. i’m starting to think you just do this for a cheap thrill. you are a very sad individual.. i can recommend a good therapist if you ever surface from your fantasy world..

  6. Bruce 6
    1 October 2010 at 10:24 am

    So where does this end in future governments? Do many (based on current polling) NZ workers accept that tax cuts (not pay rises) are the way forward? Will we eventually pay very low or zero income tax and say 50% GST? If so what will right wing governments bribe the public with then?
    How long before the balance tips and people start seriously complaining about poor performance from our underfunded and understaffed public services?

    • Colonial Viper 6.1
      1 October 2010 at 10:38 am

      Bruce perhaps you missed the strategy here. You underfund public services so that they start falling apart and start failing to deliver. Then you blame the inability of the public sector to do anything capably.

      The obvious solution to problems at that stage is to then privatise remaining functions of Government (schools, prisons,…), because competition is always good, markets are always good and private companies are always better at doing things than publicly focussed organisations.

      Same Tory ****, different day, with a style of smile and wave this time around.

      • Blue 6.1.1
        1 October 2010 at 10:59 am

        The other part of the strategy is keeping workers focused on tax cuts to increase their incomes, rather than asking for wage rises.

        The tiny increase from tax cuts is used to distract from the fact that their wages in many cases are either not increasing, or just barely increasing (and not even keeping up with inflation).

      • Draco T Bastard 6.1.2
        1 October 2010 at 12:43 pm

        And this is what we would end up with.

      • Vicky32 6.1.3
        1 October 2010 at 3:59 pm

        Which is why the councils, and Housing NZ don’t have their own maintenance staff, but use private contractors – which is why it took 2 weeks for HCNZ to prune the dangerous trees that were hard up against the front windows of the house where I live. In the 2 weeks, the house could have been demolished by the high winds and storms we were having – but HCNZ told me that they had to wait for the private contractors to ‘get around to it’. It also explains why the cracked, sunken pothole ridden pavement that my 85+ neighbour used to complain (in vain) about has never been fixed, 4 years after the death of said neighbour! Private contractors are “too busy” no doubt!
        (In the 90s, all government positions that could possibly be privatised and contracted out were, for ideological reasons – the same reasons why Key and Blinglish have sacked 1500 government workers this year alone!
        Deb

  7. ianmac 7
    1 October 2010 at 10:32 am

    I would rather pay a little more income tax and keep the best of Education, Health, Security.
    Why do we accept that less tax is good? I don’t.

    • Lats 7.1
      1 October 2010 at 11:41 am

      I agree Ian. I was against the tax cut proposal from day one. It makes no sense to offer tax cuts when we still have to borrow internationally. Sure, give us some tax relief once our economy is strong, we have a nett surplus, and have built up some decent reserves. But to do it now at the expense of the lower income folk in this country is heartless and stupid. Mind you, the voting public on this country must also shoulder some of the responsibility, we elected this bunch of toe-rags (well, not me personally, I gave my vote to Labour, but you know what I mean.)

      • Draco T Bastard 7.1.1
        1 October 2010 at 12:45 pm

        Would people stop with the “tax relief” meme? It’s not a relief to pay less tax but increased pain as your society falls apart.

        • just saying 7.1.1.1
          1 October 2010 at 12:59 pm

          That is the point I was trying to make when I used the term in a comment earlier.

          I find the term offensive. The fact that it doesn’t jar with most, particularly when used in regard to the comfortably off, shows just how much we’ve been manipulated in regard to our new ethos of callous disregard, and hateful victim-blaming of the poor and the disadvantaged.

          • Colonial Viper 7.1.1.1.1
            1 October 2010 at 1:05 pm

            And it is the ethos, the values, the societal memes that the Right have very cleverly manipulated and disseminated so that even when we are damning their destructive wrong headed ideas we end up using the very vocabulary that they created.

            Damn smart of ’em, I’ll give ’em that.

            • just saying 7.1.1.1.1.1
              1 October 2010 at 1:15 pm

              The vocabulary Labour uses.

              Maybe they aren’t an opposition, maybe Labour is actually part of a “grand coalition” of the right, and they are waiting for the right time to tell us. Maybe it’ll be announced along with all their top-secret policies just before the next election, when they’ve had time to repaint and reprint all the Labour images royal purple…..

    • jacinda 7.2
      2 October 2010 at 11:23 am

      Excuse me, but under Labour Health and Education received shitloads more funding, and went down hill at a rapid rate also. Look at the mess we have with NCEA for a great example. Labour had 9 years to clean it up, and the kids coming out today can’t even spell.

      Clearly throwing bags of money at problems has no effect.

      • felix 7.2.1
        2 October 2010 at 12:43 pm

        Gee wizz “jacinda”, that’s an interesting URL.

        If you really think “the standard fucking sux shit” then why don’t you just say it in a comment?

        Also, why come here at all?

  8. jbanks 8
    1 October 2010 at 10:59 am

    Could you please add a “percentage of total tax paid” line to the graph?

    k thax bye.

    • roger nome 8.1
      1 October 2010 at 11:41 am

      heyhey jbanks – i’d like to set up a system where i’m rewarded for my parents being poor, so i can play the stock market and make more millions off the millions i get in “childhood poverty inheritance grants”. Then i’ll whine about how my grant is taxed to high, and pay a political party to lower my tax burden.

      k thanx bye.

      • jbanks 8.1.1
        1 October 2010 at 12:37 pm

        No. We live in a meritocracy. If you want a reward then get your arse out there and earn it. I’m sick of my tax paying for leeches.

        • Draco T Bastard 8.1.1.1
          1 October 2010 at 12:47 pm

          BS we live in a meritocracy. If we did then Jonkey would still be living on the sufferance of society.

          • roger nome 8.1.1.1.1
            1 October 2010 at 1:45 pm

            That’s true – i used to see a woman who worked for meryll lynch and she said that currency trading was the numpty’s job. The glamour job is of corse raising capital for buying up failed companies for a pittance, restructuring them etc, then selling them off for a huge profit. That’s the game JK would have been in if he had any sort of intellect.

            • roger nome 8.1.1.1.1.1
              1 October 2010 at 1:52 pm

              So fuck knows how they decide which goons get to play the “make millions from a padded seat” game. i’m starting to think that the whole conservative-commerce circuit is run by closet or repressed gay guys who exchange favours as a form of contrqact. Too many of these people have been “outed ” lately, and too many have a sort of homo-erotic hyper-masculinity thing going on.

              Is JK a closet case? hmmm

        • Colonial Viper 8.1.1.2
          1 October 2010 at 1:09 pm

          I see jbanks is continuing with the Right’s AMWAY meme.

          “Work hard enough for us, sell enough shit for us, and one day we will let you too join us as one of the privileged (hahaha as if)”

          I’m sick of my tax paying for leeches.

          I’m sick of you driving on my roads, drinking my water, being protected by my police, having been taught how to read and write by my teachers.

          Ungrateful sod.

          • Draco T Bastard 8.1.1.2.1
            1 October 2010 at 2:20 pm

            It was when I was in Amway that I learned (was told quite specifically) that “working” will never make you rich, what you need to do is get a lot of other people working for you. Capitalism is a ponzi scheme.

            • The Baron 8.1.1.2.1.1
              1 October 2010 at 2:52 pm

              Yeah, so lets just start printing money, cos its consequence-less!

              Economics 101, Draco style – no sources, no credibility, no clue.

              • Blighty …
                1 October 2010 at 3:04 pm

                hey, let’s not borrow money to give tax cuts to the wealthiest kiwis.

                • The Baron …
                  1 October 2010 at 3:17 pm

                  Yeah, why borrow when we can just print more, right? Then everyone can have a tax cut!

                  Cor, why didn’t we think of this earlier!

                  • Colonial Viper …
                    2 October 2010 at 1:16 pm

                    The Baron clearly has no idea where most of the ‘money’ in circulation comes from, despite fancying himself as a commercially minded Righty. Usual right wing ignorance.

                    Baron, maybe you should look up ‘fractional reserve banking’ and then you should figure out what banks are able to do when the reserve they have to keep on hand is zero or near zero.

                    That’s right, they get to print credit money, pretty much as much of it as they like (as long as they can find suckers to take on the debt created), and then go on to charge us interest on all of it.

                    And where does the money come from to pay off the interest on all that credit created money?

                    Yes, that’s right even more debt.

                    Its a frakkin ponzi scheme. One you are supporting.

                    Yeah, why borrow when we can just print more, right? Then everyone can have a tax cut!

                    Cor, why didn’t we think of this earlier!

                    Actually, the Government doing this is a far better solution than borrowing the money (from a bank) and then having to pay back interest on it as well as the principal.

              • roger nome …
                1 October 2010 at 3:06 pm

                Yes Baron – ‘cos inflation is spiraling out of control. No credibility, no clue….

                • The Baron …
                  1 October 2010 at 3:15 pm

                  actually, i thought thay was one of the key lefty lines against the GST increase, and for backing pay rises… remember, 4.5% one off inflation… run for the hills etc etc…

                  So, your point was again…?

                  • roger nome …
                    1 October 2010 at 3:52 pm

                    Baron – i don’t buy in to that “lefty” argument. Sounds more rightist to me.

                    Actually I’m concerned about more people becoming more economically and socially marginalised as a result of the GST rise. Inflation only becomes a real problem once you get over 5%ish. On the other hand, the relitive material inequality we have at the moment causes so many serious problems that we don’t need. Takes a heart and a brain to arrive there though.

                    • The Baron …
                      1 October 2010 at 4:01 pm

                      Really? I got it from the likes of here: http://thestandard.org.nz/tax-swindle-graph/

                      “This is using the Government’s own figures as dutifully re-printed by the media – so no adjustment for the massive inflation caused by the budget…”

                      As for the rest, shall I assume that you’re another advocate of “riches through the printing press” style economics? Wow, Phil, when are you buying your ticket to Zimbabwe then?

                    • roger nome …
                      1 October 2010 at 4:36 pm

                      Te Baron, are you in Dunedin? I find settling discussions with people who use reductio ad-absurdum arguments best done in person. 🙂

              • Draco T Bastard …
                1 October 2010 at 5:14 pm

                As I stated – it’s the general practice on how money is created already. If it doesn’t work by governments printing money then it doesn’t work when banks print it either. So, why are you supporting the present system?

                You seem to be the one without a clue as you really have NFI how things work now.

              • bbfloyd …
                1 October 2010 at 6:39 pm

                Baron… it’s still better than the drivel you come out with. are you really convinced that you have an opinion worth listening to? cause you would be the only one so far.

        • the pink postman 8.1.1.3
          1 October 2010 at 1:52 pm

          I presume you had a state education ? I presume you have used the state health service? I presume you travel on state highway. I presume l one day you will draw the state pension if you are not already? I presume that if you or members of your family are made unemployed you will draw the dole? Well thats just a few of the reasons to pay tax.The facts are that countries that pay high tax have the highest standard of living.The percentage of tax that goes to bludgers is infinitesimal and of no concern .

  9. AndyB 9
    1 October 2010 at 11:06 am

    well at least it’s an attempt to give some money back to the masses. For years we were told there was no room for tax cuts, but every year inflation went on going up, prices carried on going up beyond the level of inflation, house prices doubled, etc. some people saw there wages rise, but not everyone.

    • Colonial Viper 9.1
      1 October 2010 at 11:22 am

      well at least it’s an attempt to give some money back to the masses.

      Bad characterisation; since most of the money is going to the wealthy its actually an attempt to reduce services and increase debt for everyone so that the Government can givethe most $$$ back to the few at the top.

      Its a ponzi scheme.

      For years we were told there was no room for tax cuts,

      You ever wonder why there is room for tax cuts when the Govt is borrowing tens of millions a day from overseas

      Maybe National decided there is room for tax cuts because they don’t give a rats ass that the country as a whole is going into debt for them?

  10. tsmithfield 10
    1 October 2010 at 11:31 am

    Besides the fact that the question that that particular poll was based on was decidedly dodgy, there is no way that poll could be claimed to show that the 90 day bill itself is unpopular. That is extrapolating from one aspect of the bill to the whole thing, so the logic doesn’t follow.

    • Bobby 10.1
      1 October 2010 at 2:27 pm

      So whats everybody spending their tax cut on?

      I assume all you lefties are giving it away to charties to help spread the joy?…yeah right

      Personally i might put in towards a nice big LCD TV

  11. Jeremy Harris 11
    1 October 2010 at 3:16 pm

    It’s strange that National are claiming that the tax swap will boost growth. Absolutely no evidence has been provided to suggest this is true.

    A Treasury report stated the tax changes would induce 0.9% extra growth over 6 years… Small yes and doesn’t make these tax changes a good idea but it does show you need to fact check…

    • Blighty 11.1
      1 October 2010 at 5:32 pm

      0.9% over 24 quarters?

      Margin of error stuff.

      • Jeremy Harris 11.1.1
        1 October 2010 at 11:23 pm

        Agreed but that’s not the point, saying:

        Absolutely no evidence has been provided to suggest this is true.

        is completely incorrect…

Links to post

Recent Comments

Recent Posts

  • Taking action on Fetal Alcohol Spectrum Disorder
    Hundreds of New Zealand families affected by Fetal Alcohol Spectrum Disorder (FASD) will benefit from a new Government focus on prevention and treatment, says Health Minister Dr Shane Reti. “We know FASD is a leading cause of preventable intellectual and neurodevelopmental disability in New Zealand,” Dr Reti says.  “Every day, ...
    BeehiveBy beehive.govt.nz
    7 hours ago

  • New sports complex opens in Kaikohe
    Regional Development Minister Shane Jones today attended the official opening of Kaikohe’s new $14.7 million sports complex. “The completion of the Kaikohe Multi Sports Complex is a fantastic achievement for the Far North,” Mr Jones says. “This facility not only fulfils a long-held dream for local athletes, but also creates ...
    BeehiveBy beehive.govt.nz
    9 hours ago

  • Diplomacy needed more than ever
    Foreign Minister Winston Peters’ engagements in Türkiye this week underlined the importance of diplomacy to meet growing global challenges.    “Returning to the Gallipoli Peninsula to represent New Zealand at Anzac commemorations was a sombre reminder of the critical importance of diplomacy for de-escalating conflicts and easing tensions,” Mr Peters ...
    BeehiveBy beehive.govt.nz
    12 hours ago

  • Anzac Commemorative Address, Buttes New British Cemetery Belgium
    Ambassador Millar, Burgemeester, Vandepitte, Excellencies, military representatives, distinguished guests, ladies and gentlemen – good morning and welcome to this sacred Anzac Day dawn service.  It is an honour to be here on behalf of the Government and people of New Zealand at Buttes New British Cemetery, Polygon Wood – a deeply ...
    BeehiveBy beehive.govt.nz
    1 day ago

  • Anzac Commemorative Address – NZ National Service, Chunuk Bair
    Distinguished guests -   It is an honour to return once again to this site which, as the resting place for so many of our war-dead, has become a sacred place for generations of New Zealanders.   Our presence here and at the other special spaces of Gallipoli is made ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • Anzac Commemorative Address – Dawn Service, Gallipoli, Türkiye
    Mai ia tawhiti pamamao, te moana nui a Kiwa, kua tae whakaiti mai matou, ki to koutou papa whenua. No koutou te tapuwae, no matou te tapuwae, kua honoa pumautia.   Ko nga toa kua hinga nei, o te Waipounamu, o te Ika a Maui, he okioki tahi me o ...
    BeehiveBy beehive.govt.nz
    2 days ago

  • PM announces changes to portfolios
    Paul Goldsmith will take on responsibility for the Media and Communications portfolio, while Louise Upston will pick up the Disability Issues portfolio, Prime Minister Christopher Luxon announced today. “Our Government is relentlessly focused on getting New Zealand back on track. As issues change in prominence, I plan to adjust Ministerial ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • New catch limits for unique fishery areas
    Recreational catch limits will be reduced in areas of Fiordland and the Chatham Islands to help keep those fisheries healthy and sustainable, Oceans and Fisheries Minister Shane Jones says. The lower recreational daily catch limits for a range of finfish and shellfish species caught in the Fiordland Marine Area and ...
    BeehiveBy beehive.govt.nz
    3 days ago

  • Minister welcomes hydrogen milestone
    Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri. “I want to congratulate the team at Hiringa Energy and its partners K one W one (K1W1), Mitsui & Co New Zealand ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Urgent changes to system through first RMA Amendment Bill
    The coalition Government is delivering on its commitment to improve resource management laws and give greater certainty to consent applicants, with a Bill to amend the Resource Management Act (RMA) expected to be introduced to Parliament next month. RMA Reform Minister Chris Bishop has today outlined the first RMA Amendment ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Overseas decommissioning models considered
    Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand’s own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand’s energy sector as it looks to strengthen ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Release of North Island Severe Weather Event Inquiry
    Emergency Management and Recovery Minister Mark Mitchell has today released the Report of the Government Inquiry into the response to the North Island Severe Weather Events. “The report shows that New Zealand’s emergency management system is not fit-for-purpose and there are some significant gaps we need to address,” Mr Mitchell ...
    BeehiveBy beehive.govt.nz
    4 days ago

  • Justice Minister to attend Human Rights Council
    Justice Minister Paul Goldsmith is today travelling to Europe where he’ll update the United Nations Human Rights Council on the Government’s work to restore law and order.  “Attending the Universal Periodic Review in Geneva provides us with an opportunity to present New Zealand’s human rights progress, priorities, and challenges, while ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Patterson reopens world’s largest wool scouring facility
    Associate Agriculture Minister, Mark Patterson, formally reopened the world’s largest wool processing facility today in Awatoto, Napier, following a $50 million rebuild and refurbishment project. “The reopening of this facility will significantly lift the economic opportunities available to New Zealand’s wool sector, which already accounts for 20 per cent of ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Speech to the Southland Otago Regional Engineering Collective Summit, 18 April 2024
    Hon Andrew Bayly, Minister for Small Business and Manufacturing  At the Southland Otago Regional Engineering Collective (SOREC) Summit, 18 April, Dunedin    Ngā mihi nui, Ko Andrew Bayly aho, Ko Whanganui aho    Good Afternoon and thank you for inviting me to open your summit today.    I am delighted ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Government to introduce revised Three Strikes law
    The Government is delivering on its commitment to bring back the Three Strikes legislation, Associate Justice Minister Nicole McKee announced today. “Our Government is committed to restoring law and order and enforcing appropriate consequences on criminals. We are making it clear that repeat serious violent or sexual offending is not ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • New diplomatic appointments
    Foreign Minister Winston Peters has today announced four new diplomatic appointments for New Zealand’s overseas missions.   “Our diplomats have a vital role in maintaining and protecting New Zealand’s interests around the world,” Mr Peters says.    “I am pleased to announce the appointment of these senior diplomats from the ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Humanitarian support for Ethiopia and Somalia
    New Zealand is contributing NZ$7 million to support communities affected by severe food insecurity and other urgent humanitarian needs in Ethiopia and Somalia, Foreign Minister Rt Hon Winston Peters announced today.   “Over 21 million people are in need of humanitarian assistance across Ethiopia, with a further 6.9 million people ...
    BeehiveBy beehive.govt.nz
    5 days ago

  • Arts Minister congratulates Mataaho Collective
    Minister for Arts, Culture and Heritage Paul Goldsmith is congratulating Mataaho Collective for winning the Golden Lion for best participant in the main exhibition at the Venice Biennale. "Congratulations to the Mataaho Collective for winning one of the world's most prestigious art prizes at the Venice Biennale.  “It is good ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Supporting better financial outcomes for Kiwis
    The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today. “Our coalition Government is committed to rebuilding the economy and making life simpler by cutting red tape. We are ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • Trade relationship with China remains strong
    “China remains a strong commercial opportunity for Kiwi exporters as Chinese businesses and consumers continue to value our high-quality safe produce,” Trade and Agriculture Minister Todd McClay says.   Mr McClay has returned to New Zealand following visits to Beijing, Harbin and Shanghai where he met ministers, governors and mayors and engaged in trade and agricultural events with the New ...
    BeehiveBy beehive.govt.nz
    6 days ago

  • PM’s South East Asia mission does the business
    Prime Minister Christopher Luxon has completed a successful trip to Singapore, Thailand and the Philippines, deepening relationships and capitalising on opportunities. Mr Luxon was accompanied by a business delegation and says the choice of countries represents the priority the New Zealand Government places on South East Asia, and our relationships in ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • $41m to support clean energy in South East Asia
    New Zealand is demonstrating its commitment to reducing global greenhouse emissions, and supporting clean energy transition in South East Asia, through a contribution of NZ$41 million (US$25 million) in climate finance to the Asian Development Bank (ADB)-led Energy Transition Mechanism (ETM). Prime Minister Christopher Luxon and Climate Change Minister Simon Watts announced ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Minister releases Fast-track stakeholder list
    The Government is today releasing a list of organisations who received letters about the Fast-track applications process, says RMA Reform Minister Chris Bishop. “Recently Ministers and agencies have received a series of OIA requests for a list of organisations to whom I wrote with information on applying to have a ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Judicial appointments announced
    Attorney-General Judith Collins today announced the appointment of Wellington Barrister David Jonathan Boldt as a Judge of the High Court, and the Honourable Justice Matthew Palmer as a Judge of the Court of Appeal. Justice Boldt graduated with an LLB from Victoria University of Wellington in 1990, and also holds ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Education Minister heads to major teaching summit in Singapore
    Education Minister Erica Stanford will lead the New Zealand delegation at the 2024 International Summit on the Teaching Profession (ISTP) held in Singapore. The delegation includes representatives from the Post Primary Teachers’ Association (PPTA) Te Wehengarua and the New Zealand Educational Institute (NZEI) Te Riu Roa.  The summit is co-hosted ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Value of stopbank project proven during cyclone
    A stopbank upgrade project in Tairawhiti partly funded by the Government has increased flood resilience for around 7000ha of residential and horticultural land so far, Regional Development Minister Shane Jones says. Mr Jones today attended a dawn service in Gisborne to mark the end of the first stage of the ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Anzac commemorations, Türkiye relationship focus of visit
    Foreign Affairs Minister Winston Peters will represent the Government at Anzac Day commemorations on the Gallipoli Peninsula next week and engage with senior representatives of the Turkish government in Istanbul.    “The Gallipoli campaign is a defining event in our history. It will be a privilege to share the occasion ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Minister to Europe for OECD meeting, Anzac Day
    Science, Innovation and Technology and Defence Minister Judith Collins will next week attend the OECD Science and Technology Ministerial conference in Paris and Anzac Day commemorations in Belgium. “Science, innovation and technology have a major role to play in rebuilding our economy and achieving better health, environmental and social outcomes ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Comprehensive Partnership the goal for NZ and the Philippines
    Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr.  The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines. During today’s meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Government commits $20m to Westport flood protection
    The Government has announced that $20 million in funding will be made available to Westport to fund much needed flood protection around the town. This measure will significantly improve the resilience of the community, says Local Government Minister Simeon Brown. “The Westport community has already been allocated almost $3 million ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Taupō takes pole position
    The Government is proud to support the first ever Repco Supercars Championship event in Taupō as up to 70,000 motorsport fans attend the Taupō International Motorsport Park this weekend, says Economic Development Minister Melissa Lee. “Anticipation for the ITM Taupō Super400 is huge, with tickets and accommodation selling out weeks ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Cost of living support for low-income homeowners
    Local Government Minister Simeon Brown has announced an increase to the Rates Rebate Scheme, putting money back into the pockets of low-income homeowners.  “The coalition Government is committed to bringing down the cost of living for New Zealanders. That includes targeted support for those Kiwis who are doing things tough, such ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Government backing mussel spat project
    The Coalition Government is investing in a project to boost survival rates of New Zealand mussels and grow the industry, Oceans and Fisheries Minister Shane Jones has announced. “This project seeks to increase the resilience of our mussels and significantly boost the sector’s productivity,” Mr Jones says. “The project - ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Government focused on getting people into work
    Benefit figures released today underscore the importance of the Government’s plan to rebuild the economy and have 50,000 fewer people on Jobseeker Support, Social Development and Employment Minister Louise Upston says. “Benefit numbers are still significantly higher than when National was last in government, when there was about 70,000 fewer ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Clean energy key driver to reducing emissions
    The Government’s commitment to doubling New Zealand’s renewable energy capacity is backed by new data showing that clean energy has helped the country reach its lowest annual gross emissions since 1999, Climate Change Minister Simon Watts says. New Zealand’s latest Greenhouse Gas Inventory (1990-2022) published today, shows gross emissions fell ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Earthquake-prone buildings review brought forward
    The Government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, Building and Construction Minister Chris Penk says. “Our Government is focused on rebuilding the economy. A key part of our plan is to cut red tape that ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Thailand and NZ to agree to Strategic Partnership
    Prime Minister Christopher Luxon and his Thai counterpart, Prime Minister Srettha Thavisin, have today agreed that New Zealand and the Kingdom of Thailand will upgrade the bilateral relationship to a Strategic Partnership by 2026. “New Zealand and Thailand have a lot to offer each other. We have a strong mutual desire to build ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Government consults on extending coastal permits for ports
    RMA Reform Minister Chris Bishop and Transport Minister Simeon Brown have today announced the Coalition Government’s intention to extend port coastal permits for a further 20 years, providing port operators with certainty to continue their operations. “The introduction of the Resource Management Act in 1991 required ports to obtain coastal ...
    BeehiveBy beehive.govt.nz
    1 week ago

  • Inflation coming down, but more work to do
    Today’s announcement that inflation is down to 4 per cent is encouraging news for Kiwis, but there is more work to be done - underlining the importance of the Government’s plan to get the economy back on track, acting Finance Minister Chris Bishop says. “Inflation is now at 4 per ...
    BeehiveBy beehive.govt.nz
    1 week ago

Page generated in The Standard by Wordpress at 2024-04-27T06:44:35+00:00