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| Thread ID: 115595 | 2011-01-25 06:41:00 | Hypocritical? | Snorkbox (15764) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1172480 | 2011-01-26 05:30:00 | Yes but you're also being taxed less per-dollar, but that has nothing to do with inflation. If you were to go from earning $35K to $60K a year, inflation is still the same even though you're in a different tax bracket. Tax doesn't affect (AFAIK) inflation. So, if you put up GST by say 100%, everything goes up 100% and that isn't inflation, then what is it? |
Cicero (40) | ||
| 1172481 | 2011-01-26 06:03:00 | What sort of business? Investment company business? Funny enough that is how labour ran it under their term(s) |
Metla (12) | ||
| 1172482 | 2011-01-26 07:02:00 | Off course it does. I now have less purchasing power per dollar, I thought that was obvious. my widgets have increased in price from $1.125 to $1.15 each.Nope - your widgets are still more or less the same price, but the tax on those widgets has increased. Let's say that before the change, $10 would buy 10 widgets. You then paid an additional $1.25 GST, for a total debt to you of $11.25. The important thing to remember here is that the extra $1.25 isn't part of the cost of your widget; it's an extra levy, and only appears on the price sticker because NZ trading law requires it. Now let's look at after the rise in GST. $10 still buys 10 widgets, but now you pay an additional $1.50 in GST instead of the $1.25 you were paying before, thus bringing the total debt to you up to $11.50. That $1.50 still isn't part of the widget cost! It might also be worth noting that only end consumers pay GST - businesses don't, and can claim this back on their tax return. |
Erayd (23) | ||
| 1172483 | 2011-01-26 07:05:00 | What sort of business? Investment company business? CEO gets the mansion and the sports cars and the workers get minimum wage until it all goes pear shaped? I think it should be like your household. If money in doesn't equal money out, well all the shuffling around in the world won't help. You need to change jobs or add jobs or whatever to the household. Yes you can reduce spending but only to a point. We need to do something other than selling milk and animals. I liked the $5000 tax free thing. I don't however think it's a cure for anything and unless he gets it back elsewhere it just does the same **** MPs always do: Make it look good for the masses to get themselves voted in. John Key/ Bill English aren't any better, especially BE, not one of them look at the real problem. Sell the assets, bit like selling off my furniture, it's a temp fix, not long term. LOL, if the workers had the brains they could have their own business, why shouldnt the bosses get the cream, its their business! So what is the problem according to PCT, you believe you have a better idea of the countries position than BE?, this will be good! As for asset sales, selling the furniture to your children is like what they are suggesting, NZ citizens owing rather than the govt! |
SolMiester (139) | ||
| 1172484 | 2011-01-26 18:31:00 | As for asset sales, selling the furniture to your children is like what they are suggesting, NZ citizens owing rather than the govt! Silly, who do you think owns it now it's in Govt hands? We do. Us taxpayers. We already own it. John Keys Mum for PM. She was the one who knew how to budget. |
pctek (84) | ||
| 1172485 | 2011-01-26 21:14:00 | Silly, who do you think owns it now it's in Govt hands? We do. Us taxpayers. We already own it. John Keys Mum for PM. She was the one who knew how to budget. Taxpayers are not shareholders, and have no say in the business....I dont agree with JK mums for budgeting experience though..... I happen to think as much as I dislike BE, he is so far ahead of the game than anything Labour has its a no brainer... |
SolMiester (139) | ||
| 1172486 | 2011-01-26 22:37:00 | Taxpayers are not shareholders, and have no say in the business....I dont agree with JK mums for budgeting experience though..... I happen to think as much as I dislike BE, he is so far ahead of the game than anything Labour has its a no brainer... We don't get the right to run the business on a day to day basis. We do get the right, every three years, to have a say in who runs it for us except for list MPs however. |
Snorkbox (15764) | ||
| 1172487 | 2011-01-27 20:58:00 | So, if you put up GST by say 100%, everything goes up 100% and that isn't inflation, then what is it? If you put up gst 100% it will go to 30%;) Plus if you dont like it dont vote for them is rubbish, your vote is only 1 of millions Dont vote for National or Labour, who else is there??? And if you dont vote everyone will say you had your chance...(There is a Bart Simpson quote to insert here) |
Gobe1 (6290) | ||
| 1172488 | 2011-01-27 21:43:00 | If you put up gst 100% it will go to 30%;) Plus if you dont like it dont vote for them is rubbish, your vote is only 1 of millions Dont vote for National or Labour, who else is there??? And if you dont vote everyone will say you had your chance...(There is a Bart Simpson quote to insert here) If an item is $50 and the gst is 100% then the item costs $100, how is that 30%? |
Cicero (40) | ||
| 1172489 | 2011-01-27 21:52:00 | A 100% increase of the current rate = 30% | johcar (6283) | ||
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