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Thread: National - FFS!

  1. #2181
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    Quote Originally Posted by dobby41 View Post
    Maybe you over-estimate the Laffer curve - "sometimes cutting tax rates can result in increased total tax revenue"
    Correct. I didn't claim otherwise. My point is that increasing taxes to raise revenue - just isn't that simple.

  2. #2182
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    Quote Originally Posted by fungus pudding View Post
    Most high net worth individuals will.
    Every time you mention the Laffer curve, people respond as if that theory has no merit at all. It is in fact plain to see in action currently since the government raised tax rate from 33% to 39% for earnings over $180k, where people who may have been happy to pay 33% over $180k are now finding ways to completely avoid paying any tax, or reducing tax over $180k - the net result being less tax to the government from that demographic than may have been had the tax rate not been raised.

  3. #2183
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    Such entitlement when young people pay 50% when including gst and student loan repayments.

    We need capital based taxes on the wealthy in NZ.

  4. #2184
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    Quote Originally Posted by Baa_Baa View Post
    Every time you mention the Laffer curve, people respond as if that theory has no merit at all. It is in fact plain to see in action currently since the government raised tax rate from 33% to 39% for earnings over $180k, where people who may have been happy to pay 33% over $180k are now finding ways to completely avoid paying any tax, or reducing tax over $180k - the net result being less tax to the government from that demographic than may have been had the tax rate not been raised.
    That's exactly what happens.

  5. #2185
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    The National Gang
    2022-06-16 15_30_19-Window.png

  6. #2186
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    Quote Originally Posted by Panda-NZ- View Post
    Such entitlement when young people pay 50% when including gst and student loan repayments.

    We need capital based taxes on the wealthy in NZ.

    Whose choice was it to borrow to get an education ? .. certainly not the taxpayers at large for those personal
    decisions

  7. #2187
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    Quote Originally Posted by dobby41 View Post
    He looks like a thumb to be honest. Like his mate peter dutton in Aust.

  8. #2188
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    Quote Originally Posted by dobby41 View Post

    Oh what - a gang not having to steal, rob, have gunfights & shootouts in public, or move drugs

    makes a change on the ones Ardern Davis Little & lesser little comrades support & Williams didn't
    have a clue about reigning in
    Last edited by nztx; 16-06-2022 at 03:46 PM.

  9. #2189
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    Quote Originally Posted by fungus pudding View Post
    Most high net worth individuals will.
    Fun---, please qualify "high net worth individuals ", is that someone who owns a house ?

  10. #2190
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    Quote Originally Posted by Panda-NZ- View Post
    Such entitlement when young people pay 50% when including gst and student loan repayments.

    We need capital based taxes on the wealthy in NZ.
    Panda, Please qualify what is and who are the " wealthy " sums please ?

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