Originally Posted by
Daytr
It's no coincidence that Councils are proposing 15% plus increase in rates at a time when NAFT is choosing rate & spending cuts.
Talk about a shell game. We will cut taxes but don't worry your local council will take it off you.
NZ has one of the worst redistribution rates of Central Government Revenue to regions in the OECD.
NZ used to redistribute around 18% - 20% now down to around 10%. Something has to give.
Still no answer from NAFT on our water infrastructure crisis.
Is this like state housing under Key?
Nothing to see here?
Only one of the biggest liabilities NZ is facing.
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