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16-06-2022, 03:04 AM
#2171
Originally Posted by Logen Ninefingers
The point is that no matter what Labour do panda will defend them to the hilt, and you won’t be far behind him.
Not at all, it's National who has not changed a single policy despite rotating through the six leaders.
Asset sales, tax cuts and spending cuts are a rediculous plan.
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16-06-2022, 09:46 AM
#2172
The one thing that we should all remember, " The left is a lie " and that applies to all countries, Russia, China, Nth Korea, Sth Africa, Rhodesia Aust & N Z !! never forget !!
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16-06-2022, 10:49 AM
#2173
Religion is mostly a lie but people choose to believe the earth was created in only seven days.
If they think that it's not a stretch for them to believe trickle down is a solution to housing or inflation or inequality.
Last edited by Panda-NZ-; 16-06-2022 at 10:51 AM.
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16-06-2022, 11:40 AM
#2174
Originally Posted by Panda-NZ-
Not at all, it's National who has not changed a single policy despite rotating through the six leaders.
Asset sales, tax cuts and spending cuts are a rediculous plan.
Tax cuts are ridiculous when we are not paying our way as a nation. But I suppose parties on the Right offer tax cuts to counter-balance the irresponsible Left who entice voters with endless 'free stuff' - which is not really free at all but goes into the debt ledger. For you to say that there is absolutely nowhere where spending can be cut is just beyond belief. Robbo is throwing money in all directions like a drunken sailor and that's fine by you. Even when irresponsible and wasteful spending is pointed out to you you won't hear a bar of it.
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16-06-2022, 12:32 PM
#2175
As Maggie Thatcher said, " the trouble with the left is that they run out of spending other peoples money " its no wonder that the " right " goes for tax cuts as they recon that the average Joe is better at spending his/her money than any govt, and that is truly true with this govt, talk about hopeless wasters !!
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16-06-2022, 01:19 PM
#2176
Originally Posted by Logen Ninefingers
Tax cuts are ridiculous when we are not paying our way as a nation.
Maybe not if you really understand the Laffer curve.
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16-06-2022, 01:41 PM
#2177
Originally Posted by fungus pudding
Maybe not if you really understand the Laffer curve.
'What criticism has the Laffer curve faced? In a broad sense, the Laffer curve has been critiqued for its simple assumptions. For starters, the chart doesn't include numbers to illustrate the actual tax rates and total revenues. Secondly, it assumes that people will always act based on their economic interests'.
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16-06-2022, 02:28 PM
#2178
Fact remains the credit rating was downgraded under National and upgraded under Labour.
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16-06-2022, 02:36 PM
#2179
Originally Posted by fungus pudding
Maybe not if you really understand the Laffer curve.
Maybe you over-estimate the Laffer curve - "sometimes cutting tax rates can result in increased total tax revenue"
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16-06-2022, 03:12 PM
#2180
Originally Posted by Logen Ninefingers
'What criticism has the Laffer curve faced? In a broad sense, the Laffer curve has been critiqued for its simple assumptions. For starters, the chart doesn't include numbers to illustrate the actual tax rates and total revenues. Secondly, it assumes that people will always act based on their economic interests'.
Most high net worth individuals will.
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