Originally Posted by
Aaron
I don't really hate boomers (some of them are friends) but I am at a point where more of the same from govt doesn't do it for me anymore. One issue for me is monetary policy and the continuing rise of wealth and income inequality with a smaller percentage of the country capturing more of the wealth and income. It has been happening for a long time.
Being wealthy is not a problem if everyone gets a similar opportunity when they are young, but with the decrease in income tax rates and the rise of regressive GST rates, the abolishment of stamp duty, gift duty, no wealth or capital gains tax and now a regressive inflation tax (cost of living tax) it seems to me that we are setting ourselves up for something more akin to a feudal society where your status and success is decided at birth. Maybe a few generations away but I can't see why we would work towards something like that.
Mind you a communist "green" state is also repugnant so I am unsure how I might vote but my pick for this election is that the smaller more extreme parties will do better than usual as National and Labour offer nothing except a safe comfortable retirement for baby boomers, with some of the cost being lumped onto the following generations.
John Key, Jacinda Ardern and now Chippy all have to sing from the same song sheet to get re-elected.