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20th May 2010, 17:10 | #1 |
get to da choppa
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Budget
Surprised no one has said anything really apart from David saying he's cool with being targeted with property lock downs.
So? Comments? Ho hum? I think I will work out to be about $10p/w better off. mint. |
20th May 2010, 17:17 | #2 |
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My household is about $40 better off.
Yeah, what was expected more or less. There were some suggestions that it was for the rich, labour went scaremongering, (potential national changed things) tax cuts for all. GST was a give in. No Depreciation was a give in. I really don't care about tax cuts. I would rather the money go to the public services like Hospitals/Police/Teachers etc. (And thats to the front line staff, not just paper shufflers) Last edited by blynk : 20th May 2010 at 17:19. |
20th May 2010, 17:56 | #4 |
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I think this was cute:
http://www.stuff.co.nz/business/3707...s-for-the-rich JK telling people not to be jealous because "the rich are crucial to the economy". Which I guess sums up what he thinks of the typical kiwi.
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Stay shook. No sook. |
20th May 2010, 17:57 | #5 |
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More money please, ill take what i can get. It is pretty easy to figure out that the government give-ith with one hand and take-ith with the other. Its all about how good you can fool your audience, they are like magicians.
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xyf Last edited by PhX : 20th May 2010 at 17:58. |
20th May 2010, 18:02 | #6 |
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It's not "being magicians"
What they've done is made a fundamental change to the way taxation is collected, gearing more taxation to be collected from consumption, repositioning the housing market to lessen it as an attractive investment option and giving New Zealanders more choice over where they spend their earnings. The majority of people are better off across the board, even accepting the increase in GST. If people choose to consume less, save more and invest in things other than property, they are exceptionally well off here. Taxing consumption is a good option, being able to give back tax cuts that cancel out what GST raise there is for the majority means it doesn't hit your pocket what so ever. |
20th May 2010, 18:03 | #7 | |
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I'm surprised there hasn't been a razor crew go through this yet. |
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20th May 2010, 18:32 | #8 |
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Trouble is, its difficult to talk job creation while making redundancies.
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20th May 2010, 18:36 | #9 |
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My take.. rental property is still a very very attractive investment option. It's just that now you cant fudge Working for Families, which is fair enough too.
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20th May 2010, 18:52 | #10 | |
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21st May 2010, 10:29 | #11 |
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I wish I was a little bit taller...
I wish I was a baller... I wish I was a little bit taller y'all I wish I was a baller But I'm not and my income isn't discretional I spend it all, Tax back off the bat sounds fat but GST claws it back meanwhile $250mil a week whats the interest on that? I wish I was a banker, a baller a player in the new world order |
26th May 2010, 11:43 | #12 | |
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As for the budget, it's not a comprehensive one. It's good for the wealthy and business, but English openly admits that it does nothing to close income gaps. Add in higher inflation etc and those without much are worse off. In fact it's pretty much a typical National looking after it's mates budget imo. Cue outdated National rhetoric that putting business and the rich first is an effective way to help those at the bottom. Trickle down my asscrack.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
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