Death is a portion of circumference on the wheel of life
Jesus wept, some heavy shit going down now on the Thirsty Thursday
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
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Jesus wept, some heavy shit going down now on the Thirsty Thursday
Not even any respite from cruel reality in the NRL because of that boring shitfest last night.
Some elderly Russians remember the late Soviet era with nostalgia, everyone had a home and a job, even if it was in a gulag.
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- #16,924
Well, you could say food prices are artificially inflated by beneficiaries and pensioners getting paid to eat with that outlook…
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- #16,925
View: https://bsky.app/profile/australiainstitute.org.au/post/3lqbgnogjgc2c
The super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the rich | Greg Jericho
The proposal will affect only 0.5% of people with superannuation and yet you would think the government is about to seize the means of productionwww.theguardian.com
‘The Federal Govt gives over $33 bn in tax concessions to the richest 10% through CGTD + super.’
Lol… it’s like the state is ENTITLED to our money and they are doing us a favour it they don’t hammer us for as much as possible.
Real communist outlook there… I mean if they just took everything from everyone, imagine how much they could spend
Can you break down those discounts with the rational behind it (eg the CGT discount is probably to account for inflation)
Is that what you say at your dinner table wizWell, you could say food prices are artificially inflated by beneficiaries and pensioners getting paid to eat with that outlook…
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- #16,927
I’m for targeted assistance (eg housing money so they can pay me more rent). I was highlighting that it was you against poor, helpless beneficiaries living a reasonable standard of like
I recall watching a doco a year or so ago about the USSR after the wall came down. It was focusing on the rural areas and how once the state had disintegrated and there was no infrastructure for the people out in the sticks to get help.
Especially medical as all the doctors and trained staff had buggered off to the west.
They had been reliant for so long on state intervention that once it was no no longer there they were quite bereft.
Was quite poignant.
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- #16,929
Rich 1%er like doctors have options?
Our mate on here says you can just hammer them as much as possible and there will be no consequences
So a USSR style wealth tax wouldn’t work you reckon?
Oh right, I wasn't against them. Just wondering what would happen to the housing market if we scrapped the accommodation supplement.I’m for targeted assistance (eg housing money so they can pay me more rent). I was highlighting that it was you against poor, helpless beneficiaries living a reasonable standard of like
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- #16,931
In all seriousness, your right, it has allowed rents to rise.
But the alternative would be employed workers will be able to continually outbid the fixed income beneficiaries and they would eventually end up unable to match workers and homeless.
It would create haves and have nots.
What do you do?
I'd say it's impossible to remove them now because it would crash the economy and most rentals would halve in capital value overnight.
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- #16,933
You could cap them and inflate rent until they are insignificant over time.
If you crashed the market, landlords would switch to air B&B or leave them vacant exploding homelessness.
House values are tied to the cost to build a new house.
I don't even think you could cap it, investment would be unsustainable if rents can't rise with inflation.
On Wealth Taxes And Capital Flight
In the wake of the Greens’ alternative Budget – and the criticism levelled at it – it seems pretty obvious that when it comes to tax policy, Labour’s only election campaign concession to left wing voters is going to be a capital gains tax ...
www.scoop.co.nz
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- #16,936
I’m not opposed to a well done CGT if income tax was lowered by the same amount.On Wealth Taxes And Capital Flight
In the wake of the Greens’ alternative Budget – and the criticism levelled at it – it seems pretty obvious that when it comes to tax policy, Labour’s only election campaign concession to left wing voters is going to be a capital gains tax ...
However the last Labour proposal was the highest rate in the world and didn’t account for inflation. The Greens Wealth tax is almost double Norways which was a failure. The brightline test was unique in the world and killed the entire property market. The brightline tax ended up 5x the original.
I simply don’t trust Labour to be fair and reasonable. Especially when they use a trumped up 300 targeted people assessment of the wealthiest individuals and extrapolate that to everyone as the basis for it.
No credibility, sorry.
Without the subsidies half the working population would move to Aussie and we'd have abandoned cities of air B&B's. The whole system's a house of cards.
Poo Midas
Quite juvenile, I know, but it is a great insult
Quite juvenile, I know, but it is a great insult
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- #16,939
Let’s see if it will stick…
What about this quote from Seymour:
“I’m actually providing a huge public service because I’m providing the left, the losers, and many in the media ... with something they desperately need after their election loss, and that is someone to blame. You’re welcome.”
He’s on fire and the lefts going to be coming at him and giving him even more publicity now
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- #16,940
In all honesty, does anyone seriously think Hipkins is going to be the leader at the next election? Damages goods isn’t he?
I actually like the guy, he just can’t get anything achieved. All talk and little else.
Peter saying he won’t work with Hipkins next election but not ruling out Labour is the kiss of death isn’t it?
I actually like the guy, he just can’t get anything achieved. All talk and little else.
Peter saying he won’t work with Hipkins next election but not ruling out Labour is the kiss of death isn’t it?