Showing posts from March, 2019

TWG Review - Marama, Who Are This "Wealthy Elite" You Speak Of?

It is all very good to beat the drums that we are going after the "wealthy elite", the problem is that as I have previously analysed , to people like Marama Davidson most of you reading this will fall under the category. Speaking at the party's summer policy conference in Wellington, Davidson pushed back on attacks against the CGT from the "wealthy elite" who she said held the political system hostage. "The resistance to the capital gains tax by the wealthy elite, who often own multiple properties, shows that our political system is still held hostage by the people who benefit from an unregulated housing market," Davidson said. No Dear, the reason there is attacks on CGT is because we all know the real wealthy elites will not be touched by it.   The real people hit will be quite normal people. We also know that supporting any of these taxes will result in demand for more taxes by mad money-hungry leftists like yourself.  "

TWG Review - Why are Maori Authorities Taxed at 17.5%?

I do not have an issue with Maori authorities being taxed at 17.5%.  Not at all.  I just wish the rate could apply to everyone. So when Maori MP, Kiri Allan (Michael Cullen's instagram BFF) gets a bit tipsy on it, there now needs to be a question answered as to WHY Maori get this treatment?  It is not "gutter ball", it is a legitimate question that Cullen covered in the TWG that Labour requested was looked at - equitable taxation. Have a look at this from Treasury back in 2010.   The paper looked at the position of moving the rate from 19.5% to 17.5%. 4. At the time that the revised Māori authority regime was proposed in 2002, it was estimated that approximately 90% of Māori individuals earned less than $38,000 per year, meaning they had a statutory tax rate of 19.5%. The 19.5% rate was therefore the appropriate proxy for the tax rate applicable to the majority of Māori Authority members. The 19.5% rate has not changed since its introduction. 5. Sub

TWG Review - Liam Dann First To Be Bullied By Ninth Floor

Yesterday the Ninth Floor via J acinda Ardern said this : "There is a large group of New Zealanders, particularly young New Zealanders now who actually, if their aspiration has been homeownership has just become harder and harder. There's a group of New Zealanders who don't have columns in the Herald, who might not be having a chance to have their say on this. Today Liam Dann is the first journalist to leave his nuts safely tucked up at home and produces this : " The noise around the Tax Working Group's proposal has become deafening. Sorry if I've been part of that ". Sorry? What the fuck for? Being a man? Actually let's not. It is blatantly clear that Labour having deemed their own handling a crisis, are now in crisis mode to shame journalists and writers in general for daring to actually have an opinion in what they have asked for in the first place - a debate.  Dirty dirty politics indeed.

TWG Review - Leftist Waring Now A "Leading Economist"

I do not know who Finn Hogan is or what year his Mummy took nappies off him and let him grow a Jesus beard and hair, but this piece of journalism really is something special. Calling Marilyn Waring a "leading economist" as some sort of authority to speak against every argument against CGT is a bit like.......well I cannot think of any analogy to describe it.  I am speechless. I know I have been living out of NZ for a long time but has the country gone to such rack and ruin that Marilyn Waring is now a "leading economist"?  NZ's economists must now be utter gobshite for that to have happened. "Every single argument was heard in every single European country that introduced it. They're tedious now, and I’m interested in a far more equitable revenue asset base. That should mean being able to make changes in company and personal tax as well." The arguments are repeated because they are all correct. And what a surprise, Warin

TWG Review - TWG Causing Leftist Wars

I will break the rules here by linking to a left-wing blog (you know because blogs are now so much fun and well read we cannot actually point out posts on "opponents" blogs) but this is a beauty. You cannot get much more tribal leftist than Martyn Bradbury and commie unionist Darien Fenton.   Enjoy this exchange of the pinkos. First up Fenton calls Bradbury old enough to be a boomer if "not far off".  The age range is 1946 to 1964. Martyn is a good decade younger than that lower range.  Then she taunts him for not having a rental property. Martyn gives her a jolly good slap back calling her a sanctimonious clown, sanctimonious hack and then another seeing to.  Fenton was an MP from 2005 to 2014. Here is her pecuniary interests in 2014 Here is what it was in 2005 You be the judge of the winner of this argument between them.