Labour govt 2020-23

[FTG]

The tax cuts of the past 30 years and bare-bones funding of public services have helped destroy what was probably a more unified NZ population. Perhaps we can no longer can we expect the blind loyalty of the disadvantaged to government policies? A public health crisis has exposed these cracks in contemporary NZ, that had been growing for decades.

As we know, Tax is the primary source of revenue Govt. uses to "run the country". We also know that pre-Covid, Govt. spends on average >40% of total national GDP. In other words, $40 out of every $100 is pure Govt expenditure, rather than by individuals & free enterprise. (who knows how much it will be during these Covid times!)

Question for you. So if you deem $40 is too low, how much do you think is about right?

[Panda-NZ-]

The largest areas of spending is health issues for a population who used to die before retirement age.

We could have funded this entirely if we kept making contributions to the NZ super fund.

[Panda-NZ-]

Other areas have seen cutbacks to funding of course.

Though at least we aren't spending on military submarines like australia.

[peetter]

I don't have knowledge of full 30 years, but what tax cuts are we talking about?

[fungus pudding]

I don't have knowledge of full 30 years, but what tax cuts are we talking about?

Muldoon in a fit of nutterism raised the top rate on income to 66%. Roger Douglas who actually understood how the world works came along and fixed it all up - reducing income tax to sensible levels, and replacing our ridiculous haphazard sales taxes with a well designed GST system.

[Panda-NZ-]

Yes NZ almost became broke under that reform.

Highest debt nz has ever had after Sir rogers term.

[Logen Ninefingers]

Yes NZ almost became broke under that reform.

Highest debt nz has ever had after Sir rogers term.

So you’re a Muldoonist. Or maybe someone who pines for the ‘good old days’ of Norman Kirk.

[fungus pudding]

So you’re a Muldoonist. Or maybe someone who pines for the ‘good old days’ of Norman Kirk.

Probably got a statue of Wallace Rowling in her lounge I'd say.

[Panda-NZ-]

So you’re a Muldoonist. Or maybe someone who pines for the ‘good old days’ of Norman Kirk.

How about Australia.
Some good decisions made by them in the 1990's are being eroded today though.

"In December 2014, the OECD released the Global Income Inequality Report which said "rising inequality is estimated to have knocked more than 10 percentage points off growth in New Zealand" between 1990 and 2010 [16].The paper found no evidence that redistributive policies, such as taxes and social benefits, harm economic growth, provided these policies are well designed, targeted and implemented."

https://en.wikipedia.org/wiki/Econom...in_New_Zealand

[peetter]

Muldoon in a fit of nutterism raised the top rate on income to 66%. Roger Douglas who actually understood how the world works came along and fixed it all up - reducing income tax to sensible levels, and replacing our ridiculous haphazard sales taxes with a well designed GST system.

This I know, but that's actually more than 30 years so i wasn't sure if Bjauck is really ranting about something even more than 30 years ago and saying it's 30 years of tax cuts.