Treasury – Labour left us in good shape

17 comments on “Treasury – Labour left us in good shape ”

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1. Gustavo Trellis 1

   5 December 2008 at 12:31 pm

   I believe treasury also recommended that we move to tax rates of 10, 20 and 30%, which is far from what Labour had us down for.

   E: Ah, so that’s your idealogical burp. I would personally say anyone who thinks NZ is well suited suffers from idealogical diptheria.
2. gingercrush 2

   5 December 2008 at 12:41 pm

   Your capacity to take things from a report and twist them is somewhat admirable. Though you surely must have been smoking something since you deliberately forgot about personal tax cuts to be more in line with business taxes.
3. Thomas Beagle 3

   5 December 2008 at 12:42 pm

   Pity about that whole housing bubble that hasn’t finished bursting yet.
4. gingercrush 4

   5 December 2008 at 12:48 pm

   In fact the more I read treasury briefings the more I think you made up your post on the spot.
5. vto 5

   5 December 2008 at 12:49 pm

   The government is rich and the people are poor.
6. Lanthanide 6

   5 December 2008 at 1:03 pm

   Again a transparently biased post on this site. Like I said with the post on carbon emissions from the farming industry, you really need to address the obvious issues in your posts if you actually want to be taken seriously. I’m talking about the tax structure that the treasury advised that caps the highest personal rate at 30%, as well as the capital gains tax that Labour was also affraid of introducing (would have put the cap on the housing bubble quite nicely though). You don’t even mention these issues which are clearly against what Labour intended, while trying to twist the report as being extremely pro-Labour.

   For the record, I voted Labour and Jim Anderton, so don’t called me a “whinging rightie” like you have done to other detractors.
7. Gustavo Trellis 7

   5 December 2008 at 1:09 pm

   They’re just trying to avoid talking about the ACC fallout.
8. Peter Johns - bigoted troll in jerkoff mode 8

   5 December 2008 at 1:14 pm

   What ACC fall-out???????:)
   Books are in bad shape with blow-outs still to be found.
9. Tane 9

   5 December 2008 at 1:15 pm

   Lathanide, I think that’s what the reference to the ‘ideological burp’ and the link to NRT was about. This post covered a different angle of the report that hasn’t really been touched on in the media. You should read the posts properly.
10. barnsleybill 10

    5 December 2008 at 1:27 pm

    In good shape?
    reminds me of a very old joke. Fat man is told by his doctor that he needs to get in shape.
    He replies, “In shape, I am round. Round is a shape.”
11. Daveski 11

    5 December 2008 at 1:28 pm

    You mean the policies that are largely vilified here?

    Moreover, Labour has got off scot-free from leading NZ into a recession before the global credit crunch.

    Sorry Eddie, but you’ve scored an own goal here.
12. Steve Pierson 12

    5 December 2008 at 1:32 pm

    I’m happy to talk about National’s ACC scaremongering but IRish covered it so well yesterday there’s little to add.
13. vto 13

    5 December 2008 at 1:39 pm

    the govt’s books may well be in relatively good shape but do not forget that that is at the expense of the taxpayer, who is in relatively poor shape.

    i wish i could simply legislate money into my coffers too.
14. mickysavage 14

    5 December 2008 at 1:56 pm

    Kiwiblog has the exact opposite spin on this. “Spin” is the correct word because DPF is referring to predicted future events and trends and suggesting that Labour is responsible for these. The “decade of deficits” is a similar example of spin.

    The righties cannot deny that the books are currently in good shape. Overall debt is well down and the Cullen Super Fund is up and running. Kiwisaver is also there.

    The “9 years to give a tax cut” is a further example of spin and frankly dishonest. Last year saw significant cuts to business taxes and Working for Families is in effect the biggest tax cut that a working family could ever expect to get.

    And all of this happened at a time when the quality of Government Services was improving.

    Can someone tell me how Labour is responsible for overseas financial events. It appears to me that the effect on NZ has to date been relatively modest and you can thank Cullen and Co for this.
15. Tim Ellis 15

    5 December 2008 at 2:19 pm

    SP the “ACC scaremongering” post appears to have run out of arguments from the Left. You’re welcome to add some more arguments there if you can think of any and sustain the argument, but depicting the argument as convincingly won by left-wing posters is a bit, ummm, optimistic. Even IB had to retract his claim that the Earners account wasn’t in trouble.
16. northpaw 16

    5 December 2008 at 5:12 pm

    Tim Ellis,

    as mentioned previously you – (and others of the same mind) – have a decided tendency to deal descriptively with a perceived state of affairs or position.

    And as previously mentioned by myself in the ‘spinbusting’ thread, none of the above including your good self appear willing meet the real question of over-valuation/s that have come to abide in the provision of services such as are required for ACC..

    So.. why not invite all contributors here to ‘extend’ the argument in much-needed reality terms.. instead of mere perceptions..
17. Jum 17

    6 December 2008 at 12:21 am

    http://www.3news.co.nz/Politics/TheBeehiveWatchdog/tabid/961/Default.aspx

    The watchdog report on National’s promises – is that list an accurate analysis of what they have promised, with no clever twisting or changing of words? In other words, is the above site trustworthy?

    Thanks

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