Politics 🗳️ NZ Politics

[wizard of Tauranga]

With a Labour candidate saying that a "wealth tax is still being discussed" but then denied by Hipkins, it makes you wonder if Hipkins hasn't got the support of his caucus if these discussions are taking place behind his back or if ideas are being formulated on a "capital gains tax" or "wealth tax" under a different name but which would be acceptable to the Green and Māori Parties while still being able to say "we didn't introduce one" if it was required for potential coalition discussions.... "it's not a Wealth Tax, it's our new Fairness Tax".

Then there's always the "we didn't want one and we campaigned against one, but to get the support of our coalition partners, we have had to introduce one" excuse.

Or perhaps an extension of the "brightline tests" to include other assets which would have been covered in Labour's previous capital gains taxes. Remember the promises not to introduce new taxes.... they just changed the existing ones or called them "levies" instead.

There seems to be all sorts of ways of introducing either a WT or CPT despite Hipkins assurance otherwise.... just give it another name, blame another party or "fiddle" with existing taxes.

Or perhaps Hipkins doesn't enjoy the backing of the Labour caucus now that he did when he first became PM.

Hipkins is gone when he loses the election.

Labour will be a shell of itself with people behind the scenes positioning now for after the election where the greens will be about half Labours size.

Instead of reflecting on what went wrong and why the majority have gone right, they will look to their left at what was popular for the Greens and their big policy next election will be a wealth tax to ‘solve poverty’ (again).

On the Greens, where are the big green policies? They have progressively moved down the social engineering policy route and are just a really left version of Labour now instead of a progressive Green Party that can work across the spectrum.

 

[Warriorsfan92]

The three parties attempting to attract the angry boomer vote are currently trying to out-cunt each other.

Elaborate please.

 

[defensivebomb]

Elaborate please.

Trying to do something to reverse the below table is seen as being negative...

 

[John Nick]

Trying to do something to reverse the below table is seen as being negative...

View attachment 963

Just saying this outcome is terrible but more importantly is the result of the upbringing of these youngsters and its inter generational issue and will take a very long time to eradicate. Any government is going to have problems breaking the cycle

 

[Warriorsfan92]

Trying to do something to reverse the below table is seen as being negative...

View attachment 963

Well that’s what I mean, I don’t get it. This table is fucked & totally unacceptable. I’m done with this bottom up approach, people are just taking the piss at the expense of the tax payer & wider economy.

 

[wizard of Tauranga]

Trying to do something to reverse the below table is seen as being negative...

View attachment 963

Stop trying to prove the country’s turned to custard with stats and data. The left are so far down the rabbit hole that their eyes just gloss over in disbelief.

They cant understand that overly socialist policies for the economy (as opposed to for health and education, etc) ALWAYS end up imploding the country - despite it happening everywhere in the world that it’s tried.

The best left governments enable the economy and use the profits for distribution. This version of Labour has gone hard left with the expected results as nobody is any better off as every metric goes backwards.

 

[Lord Gnome of Waiheke]

Elaborate please.

No.

 

[Warriorsfan92]

No.

What do you mean? You’re talking about nat, act & nz 1st?

 

[juju]

Stop trying to prove the country’s turned to custard with stats and data. The left are so far down the rabbit hole that their eyes just gloss over in disbelief.

They cant understand that overly socialist policies for the economy (as opposed to for health and education, etc) ALWAYS end up imploding the country - despite it happening everywhere in the world that it’s tried.

The best left governments enable the economy and use the profits for distribution. This version of Labour has gone hard left with the expected results as nobody is any better off as every metric goes backwards.

But our biggest corporations are reporting their biggest profits - but the profit is not being redistributed.... So are you keen for a good left government to properly do that?


Hasn't the reserve bank has admitted to wanting to orchestra higher employment to recover the economy post covid - don't they want unemployment to go higher yet - you don't see how electioneering on beneficiary sanctions given that is a bit weird?

 

[juju]

Well that’s what I mean, I don’t get it. This table is fucked & totally unacceptable. I’m done with this bottom up approach, people are just taking the piss at the expense of the tax payer & wider economy.

Do you think living on job seeker - during a cost of living crisis is glamorous?
Because I'm pretty sure it would be an awful way to live & pretty hard to take the piss.

Maybe you should question why you're friends with people who take the piss while having rich parents.

 

[Warriorsfan92]

Do you think living on job seeker - during a cost of living crisis is glamorous?
Because I'm pretty sure it would be an awful way to live & pretty hard to take the piss.

Maybe you should question why you're friends with people who take the piss while having rich parents.

No, and that’s my point. I’m sure it isn’t, but it’s clearly satisfactory enough or else they’d sort their shit out & find a job. Obviously, the money coming in is enough to survive on, or else they’d be forced to find a job, no? Creating a comfort bubble isn’t doing anyone any favours.

 

[wizard of Tauranga]

But our biggest corporations are reporting their biggest profits - but the profit is not being redistributed.... So are you keen for a good left government to properly do that?

We’re generating profits by ramping up prices and inflation rather than real sustainable productivity growth.

The NZX50 is up 1.77% in the last year (significantly lower than inflation so effectively going backwards). It is below the value it was 3 years ago.

The economy has been in recession twice in the past 3 years with the worst predicted next year. An economy going sideways for the past 3 years and predicted growth below population increase for the next 2 is hardly a based to grow investment in health, education, etc despite increasing demand from immigration.

 

[Warriorsfan92]

No, and that’s my point. I’m sure it isn’t, but it’s clearer satisfactory enough or else they’d sort their shit out & find a job. Clearly, the money coming in is enough to survive on, or else they’d be forced to find a job, no? Creating a comfort bubble isn’t doing anyone any favours.

This was only a temporary thing & they got shit for it. They’re now all working full time jobs. All of my friends (close friends) are self made & don’t come from wealth. All are contributing to society.

 

[juju]

We’re generating profits by ramping up prices and inflation rather than real sustainable productivity growth.

The NZX50 is up 1.77% in the last year (significantly lower than inflation so effectively going backwards). It is below the value it was 3 years ago.

The economy has been in recession twice in the past 3 years with the worst predicted next year. An economy going sideways for the past 3 years and predicted growth below population increase for the next 2 is hardly a based to grow investment in health, education, etc despite increasing demand from immigration.

Has there been any global event in the last 3 years that may have disruption to have perhaps cause 2 recessions maybe?

You should go argue with this guy on relative health of the economy (and post the results here)

 

[wizard of Tauranga]

My ideal government is pro business that grows a huge tax base through enabling and assisting productivity gains. An economy that grows faster than population growth. Very right politically

It then uses the wealth to force higher wages and gets a tax take higher than inflation to sustainably invest in core government services (health, education, etc) - very left politically.

I’m not anti left. But this government has had 0 investment in R and D, business growth, productivity enhancements, etc. It has no vision for the economy or the economic future beyond green initiatives. It has actively been anti business.

It has borrowed and pumped money into the economy to hide a declining productivity as the government sector makes an ever increasing share of the economy in a house of cards. It has increased taxes at 9% per annum (much higher than inflation) to cripple private investment.

It’s house of cards is in the process of collapsing and it needs change to get the fundamentals right again.

 

[PullingTeets]

Unemployment rate in New Zealand

1994 Q2–2024 Q2, % of the labour force

figure.nz

Lol I guess we need to get unemployment back up to previous National/ACT government levels, ummmmmmmm 10% anyone.

 

[Lord Gnome of Waiheke]

What do you mean? You’re talking about nat, act & nz 1st?

Yeah, the parties of cunts voted for by cunts - those guys.

 

[Warriorsfan92]

Yeah, the parties of cunts voted for by cunts - those guys.

Oh true. Well they’re attracting more than the ‘boomer vote’. They’re also front of mind for the 20-40y olds who are sick of an unrealistic direction this current govt is going in. So I guess you’re calling myself & likely the majority of NZ ‘cunts’, simply because they believe in a different direction than you, yet we’re labeled the aggressors. Funny how that works. Lefty’s can’t accept they’re more closed minded & divisive, it must be a tough pill to swallow I guess.

 

[BabylonPink]

Oh true. Well they’re attracting more than the ‘boomer vote’. They’re also front of mind for the 20-40y olds who are sick of an unrealistic direction this current govt is going in. So I guess you’re calling myself & likely the majority of NZ ‘cunts’, simply because they believe in a different direction than you, yet we’re labeled the aggressors. Funny how that works. Lefty’s can’t accept they’re more closed minded & divisive, it must be a tough pill to swallow I guess.

Someone woke up this morning and drank a shipload of hatorade

 

[wizard of Tauranga]

Unemployment rate in New Zealand

1994 Q2–2024 Q2, % of the labour force

figure.nz

Lol I guess we need to get unemployment back up to previous National/ACT government levels, ummmmmmmm 10% anyone.

Huh? Unemployment was at 3.9% when Labour took over from National / Act at the last election.

It’s 3.5% now with forecasts by treasury to go up to 4.8% next year as the reserve bank slows the economy.

And the definition of unemployed is a moving beast…