Should we run a wasteage list for the Labour govt ?

[Panda-NZ-]

King sized lollypops from Gobbo Robbo's larder of taxpayer funded goodies on order soon or
is everyone still kitted out in their Beehive bunkers sweetly dreaming about Oct 2023 ?

No need, if you vote Labour you can keep all your public holidays, rest breaks, employment rights and can retire at 65, rather than 67.

There's plenty of incentives without adding in new goodies.

[Bjauck]

Luxon says that healthcare is wasteful spending though and he won’t increase it by more than CPI (despite all the new migrants he wants to bring in).

It’s all going towards income tax cuts.

Luxon decried wasteful government spending as stoking inflation. When did he specify Healthcare?

[Bjauck]

Income tax cuts are a good thing. It means I have more of my money and less is stolen by the government. It means I can determine how and where I spend my money and not some faceless bloated beauracrat who has no idea.

Income tax cuts without higher tax elsewhere, or govt spending and public services cuts, are not necessarily a good thing. The right wing ideologues in the UK tried that, and their beloved "free market" showed them what it thought. The British people then ended up with no tax cuts yet suffered fewer public services, and even higher interest rates.

[iceman]

Income tax cuts without higher tax elsewhere, or govt spending and public services cuts, are not necessarily a good thing. The right wing ideologues in the UK tried that, and their beloved "free market" showed them what it thought. The British people then ended up with no tax cuts yet suffered fewer public services, and even higher interest rates.

The bracket creep over the last few years means we are literally getting income tax increases each year. It is getting ridiculous that an average salary for a person 2-3 years out of Uni is hitting the top tax rate, the one introduced to "tax the rich".
Even worse is the fact that someone working full time on the minimum wage and a few hours of OT a year, is about to hit the 30% tax rate.
So maybe it is time to seriously cut out wastage in the system and there is plenty to select from.

[Panda-NZ-]

Luxon decried wasteful government spending as stoking inflation. When did he specify Healthcare?

When labour recently proposed increasing health spending he called that wasteful.

[Panda-NZ-]

So maybe it is time to seriously cut out wastage in the system and there is plenty to select from.

He wants you to work an extra day per year and get nothing for it (get rid of one public holiday).

Then make you work until you're 67.

So you'll be paying for it in one way or another.

[Balance]

When labour recently proposed increasing health spending he called that wasteful.

Getting down to the gutter level of lying - just like the Labour Party does all the time.

Same garbage from this maggot panda-NZ about the US appointing people based purely on merit, unlike China.

[Panda-NZ-]

Getting down to the gutter level of lying - just like the Labour Party does all the time.

Same garbage from this maggot panda-NZ about the US appointing people based purely on merit, unlike China.

Balance is the Majorie Taylor Greene of ShareTrader. "LIAR!"

https://www.youtube.com/watch?v=An86W8YvriM

[blackcap]

The bracket creep over the last few years means we are literally getting income tax increases each year. It is getting ridiculous that an average salary for a person 2-3 years out of Uni is hitting the top tax rate, the one introduced to "tax the rich".
Even worse is the fact that someone working full time on the minimum wage and a few hours of OT a year, is about to hit the 30% tax rate.
So maybe it is time to seriously cut out wastage in the system and there is plenty to select from.

I remember a time when our tax rates were similar (although different) when I was fresh eyed out of Uni and new grads started on $29,000 per annum. That is $15 per hour give or take. We were in the tax bracket below 30% or 33% or whatever it was. Now days, straight out of uni and you are already in the 30% bracket. That is just sillyness. The amounts need to be adjusted pronto. I would suggest:

0-$25 0%
$25k-$80K 17.5%
$80k-$200k 33%
$200k+ 39%


That would make things simpler (eliminating the stupid 30% and 33% rates and combining in one and realign for the effects of inflation.)

[Panda-NZ-]

Doing it at this time would be inflationary and raise interest rates (resulting in even more profits going to Australian banks).

Eventually of course, it has to and will happen. In five years it should be safe to do so.