Should we run a wasteage list for the Labour govt ?

**Balance** · 10-02-2023, 08:21 AM

Originally Posted by Panda-NZ-

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

Eventually of course, it has to and will happen.

Garbage as usual - hoiw about Luxon paying no tax according to you?

What we have on ST now is the Labour poster cabal - dedicated to spreading lies, misinformation and BS like their dear leaders Hipkins and the departed political corpse Clueless Cindy.

So quickly they try now to hide her behind the spin of yesterday does not matter.

**Panda-NZ-** · 10-02-2023, 08:28 AM

Originally Posted by Balance

Garbage as usual - hoiw about Luxon paying no tax according to you?

Yes the guy who wants to remove the bright line test and put back on interest deductibility (..why?).

He has 8 suitable properties to live in but claims taxpayer support for "accommodation".

**Balance** · 10-02-2023, 08:32 AM

Originally Posted by Panda-NZ-

Yes the guy who wants to remove the bright line test and put back on interest deductibility (..why?).

Why not?

Better than the lies, mistruths and BS you are busy spreading out there.

How about Luxon not paying any tax according to you?

Remember this :

"Study hard, work hard and save hard so we can take ftom you to give to those who don't." Labour

**Balance** · 10-02-2023, 08:37 AM

According to Robertson, no money was wasted on cancelled projects like TVNZ/RNZ merger :

https://www.rnz.co.nz/news/political...er-were-wasted

Of course not as the money does not belong to him or the Labour Party - it's the people's money to be squandered on wasteful spending.

Labour - the party which makes consultants rich while breeding beneficiaries.

**Panda-NZ-** · 10-02-2023, 08:53 AM

Originally Posted by Balance

Why not?

You have to be fiscally responsible.

We'll be at risk of a credit rating downgrade if there are too many unfunded tax cuts.

**Balance** · 10-02-2023, 08:56 AM

Originally Posted by Panda-NZ-

You have to be fiscally responsible.

We'll be at risk of a credit rating downgrade if there are too many unfunded tax cuts.

Garbage.

And where are the fuel subsidies and increased welfare payments coming from?

What about Luxon paying no tax according to you?

And Trump only employed people based on merit according to you too.

**iceman** · 10-02-2023, 09:08 AM

Originally Posted by blackcap

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.)

I think your suggestion would be much fairer than the craziness we currently have. I've always been in favour of a 0% tax rate for very low income to encourage people into part time work. I brought it up at a political meeting with our MP many years ago and he suggested it could be done for the first $15 k or so without the need for a major shake up of the whole income tax system and without too much of a burden.

But as we can see in post30, Labour is not in favour of reducing tax on workers and use any excuse possible, such as the lunacy that reducing tax is inflationary but constantly increasing wages, welfare & fuel subsidies is not. No wonder this country is where it is !