When she was campaigning to be Minister of Finance last year, Nicola Willis pledged that she would resign from the job if she failed to deliver tax cuts in her first Budget.
Luxon and Willis quite clearly do believe in the fantasy of "trickle down" as has been evident in their ludicrous comments about handouts to Landlords resulting in lower rents. The reality is that "investments" in housing are quite unlike any other business so long as we lack a comprehensive capital gains tax covering speculative gains. As it is the main "get rich quick" scheme employed by New Zealanders creates no wealth whatsoever, and the returns aren't even taxed! Most of those at the top of the housing pyramid scheme aren't about to deliver anything to their tenants that's not mandated by law.
The essay paints a very unsettling picture. “Strong stable government”- not! Hipkins has a long, long way to go, unfortunately, to rebuild trust that he understands what leadership is about. Hopefully though Labour, the Greens and Te Pati Māori have the incentive and capacity to build a strong working relationship together- with strong policies for when the coalition glue unsticks.
No country has ever taxed its way to prosperity despite what the innumerate left "believe" in their post 1984 geriatric raves about "trickle down". No indexation for a decade means phantom gains are being taxed. So rather than forcing Maori to work in Port Headland, The Welfare Retail Parties, need to explain why they never delivered anything but poverty in Rotorua.
Imagine my disappointment when Labour and Jacinda made numerous promises and failed to deliver any of them....where was the media then asking for their resignations.?
The nats have lived up to their promises so far and while even I question true tax cuts over moving the tax bands...yet the media is baying for blood.
Another example how the MSM are so biased they can't see the woods for the tree's.
Haha, have you forgotten the terrorist attack, Covid and the climate tragedies they had to handle?? All things considered, I think Labour did very well indeed!
Forget children living in material hardship - 4% up
Welfare dependance - up 100k
Build 100,000 houses....got about 5% of the way there and helped drive house price inflation at the same time
Plant a billion tree's....think they got to 4% on that one
Printed and borrowed 80 billion dollars and drove inflation up (78% of inflation was caused by local influences) and then engineered a recession
Light rail to Mt Roskill by 2020 - never got it off the ground
New Hospital in Dunedin by 2021...
What other failures do I need to inform you of?
Apart from putting on a Hijab and looking sad, Labour did little other than punish law abiding citizens on that one.
Covid was a difficult one I agree but they used it as an excuse to fund their socialist dreams.....one of the treasury reports even stated they gave up trying to track the money - feb 22
Its weather events.....climate tragedies is just another way to hype the kids up.
Luxon and Willis quite clearly do believe in the fantasy of "trickle down" as has been evident in their ludicrous comments about handouts to Landlords resulting in lower rents. The reality is that "investments" in housing are quite unlike any other business so long as we lack a comprehensive capital gains tax covering speculative gains. As it is the main "get rich quick" scheme employed by New Zealanders creates no wealth whatsoever, and the returns aren't even taxed! Most of those at the top of the housing pyramid scheme aren't about to deliver anything to their tenants that's not mandated by law.
The essay paints a very unsettling picture. “Strong stable government”- not! Hipkins has a long, long way to go, unfortunately, to rebuild trust that he understands what leadership is about. Hopefully though Labour, the Greens and Te Pati Māori have the incentive and capacity to build a strong working relationship together- with strong policies for when the coalition glue unsticks.
The two of them need to fall on their swords - right now! Urgent surgery called for:
Upvoted on title alone.
No country has ever taxed its way to prosperity despite what the innumerate left "believe" in their post 1984 geriatric raves about "trickle down". No indexation for a decade means phantom gains are being taxed. So rather than forcing Maori to work in Port Headland, The Welfare Retail Parties, need to explain why they never delivered anything but poverty in Rotorua.
Liz Truss, much? Maybe it's time to haul out a spare lettuce.
Imagine my disappointment when Labour and Jacinda made numerous promises and failed to deliver any of them....where was the media then asking for their resignations.?
The nats have lived up to their promises so far and while even I question true tax cuts over moving the tax bands...yet the media is baying for blood.
Another example how the MSM are so biased they can't see the woods for the tree's.
Haha, have you forgotten the terrorist attack, Covid and the climate tragedies they had to handle?? All things considered, I think Labour did very well indeed!
Wow, you are grasping at straws there.
Forget children living in material hardship - 4% up
Welfare dependance - up 100k
Build 100,000 houses....got about 5% of the way there and helped drive house price inflation at the same time
Plant a billion tree's....think they got to 4% on that one
Printed and borrowed 80 billion dollars and drove inflation up (78% of inflation was caused by local influences) and then engineered a recession
Light rail to Mt Roskill by 2020 - never got it off the ground
New Hospital in Dunedin by 2021...
What other failures do I need to inform you of?
Apart from putting on a Hijab and looking sad, Labour did little other than punish law abiding citizens on that one.
Covid was a difficult one I agree but they used it as an excuse to fund their socialist dreams.....one of the treasury reports even stated they gave up trying to track the money - feb 22
Its weather events.....climate tragedies is just another way to hype the kids up.