Because National has abandoned its wastewatch website, we keep track of the ‘waste’ National has promised to cut to pay for those magical, mysterious, cure-all tax cuts. Here’s what they’ve said they will cut:
1) Embassy in Sweden – approx $3 million capital, $3 million operating (why it’s not waste)
2) Badges about Te Reo for school kids – $56,000 (meh)
3) TPK hui – $240,000 (not waste, just veiled Tory racism)
4) The Sentencing Council and Criminal Justice Advisory Board – $3 million a year
Why it’s waste– under National a former currency speculator and a former junior commercial lawyer (neither of whom have any experience governing) wouldn’t need advice from anyone else on running the criminal justice system.
Why it’s not waste– These organisations provide specialist advice on improving the criminal justice system and sentencing.
Cumulative total of National-identified â€˜waste’– 4 cents a week or, 2.8 grams of Mainland Mild cheese a week.
Hmm, they still seem a little way off paying for those tax cuts. But what if National could find some other way to raise money – something that wasn’t technically a tax, like tolls? OK, that still wouldn’t be enough, by the time they pay the private investors their profits, but that’s where the extra borrowing comes in. So, there’s the equation: a few cosmetic ‘waste’ cuts + tolls + borrowing = tax cuts for the rich.