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  1. #13431
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    Me Too, Absolutely

  2. #13432
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    Quote Originally Posted by elZorro View Post
    Look at that poll W69, we didn't need a revolution after all. Just someone who looks like a statesperson.
    A statesperson !! Surely you don't mean Jacinda. Nothing stately about her but she gave Bill a run for his lacklustre money tonight.

  3. #13433
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    Quote Originally Posted by elZorro View Post
    I'm all for steady change anyway, and I think the Labour/Green policies are heading in the right direction. There's a fair bit will happen as soon as Labour get back in power.
    A fair bit will happen alright with most of it to do with a raft of new taxes.

  4. #13434
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    Don't forget the water tax to go back to the local councils to improve their local rivers and lakes from all that yellow snow that skiers generously give in thanks for a beautiful days skiing in nature, just like cow next to a river except the cow is ignorant.

  5. #13435
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    Quote Originally Posted by couta1 View Post
    A fair bit will happen alright with most of it to do with a raft of new taxes.
    They have said that the NZ tax system is currently unfair. Many commentators agree with that. So Labour are promising a review of taxation with a tax working group. They have been upfront that they won't rule out a CGT, which is electorally brave in NZ. So a cgt and other new taxes may or may not happen under Labour. At least they have been open about the prospect. It's about time for a thorough tax review.

    My guess is that it could well take over a year for a thorough review to take place and to make recommendations. So if Labour get in, by the time any major new taxes or tax overhaul are formulated we may have the chance to vote on them, before they are implemented, in another election
    Last edited by Bjauck; 01-09-2017 at 09:08 AM.

  6. #13436
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    Quote Originally Posted by Bjauck View Post
    They have said that the NZ tax system is currently unfair. Many commentators agree with that. So Labour are promising a review of taxation with a tax working group. They have been upfront that they won't rule out a CGT, which is electorally brave in NZ. So a cgt and other new taxes may or may not happen under Labour. At least they have been open about the prospect. It's about time for a thorough tax review.

    My guess is that it could well take over a year for a thorough review to take place and to make recommendations. So if Labour get in, by the time any major new taxes or tax overhaul are formulated we may have the chance to vote on them, before they are implemented, in another election
    Tax is certainly unfair. Some pay only approx 10 to 17% of their income while others can pay up to almost 33%.

  7. #13437
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    Quote Originally Posted by fungus pudding View Post
    Tax is certainly unfair. Some pay only approx 10 to 17% of their income while others can pay up to almost 33%.
    If you breed you get tax credits.

    If you don't (which is probably the number one best way of slowing climate change) you will get pinged 33% on your top earnings.

  8. #13438
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    Quote Originally Posted by fungus pudding View Post
    Tax is certainly unfair. Some pay only approx 10 to 17% of their income while others can pay up to almost 33%.
    If you think income tax ( and the current way income is assesssed) is the only way tax should be raised.

  9. #13439
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    Quote Originally Posted by Bjauck View Post
    They have said that the NZ tax system is currently unfair. Many commentators agree with that. So Labour are promising a review of taxation with a tax working group. They have been upfront that they won't rule out a CGT, which is electorally brave in NZ. So a cgt and other new taxes may or may not happen under Labour. At least they have been open about the prospect. It's about time for a thorough tax review.

    My guess is that it could well take over a year for a thorough review to take place and to make recommendations. So if Labour get in, by the time any major new taxes or tax overhaul are formulated we may have the chance to vote on them, before they are imp,emended, in another election
    Agreed ... though you might argue it is one of the fairest systems in the world. Personally - I know many more complicated systems, but none which is "fair" to everybody. One of these things - fairness is in the eye of the beholder.

    But of course may there be ways to improve our tax system, depending on what your objectives are. Just wondering why Jacinda is not able to clearly specify what she wants to tax now and add that she will set up this working group (in case she gets the numbers) and use the outcoming recommendations to go into the next election. Now - this would be transparent and fair. Why leave it instead to everybody's imagination how much she wants to put on the screws if elected?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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    Quote Originally Posted by minimoke View Post
    If you breed you get tax credits.

    If you don't (which is probably the number one best way of slowing climate change) you will get pinged 33% on your top earnings.
    Who would then be able to look after the ageing population? Do the current migration policies mean that you could let kiwi kids live and suffer ill health in bad conditions because youcan always get future young (low paid) workers from overseas?

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