Forum Home
PC World Chat
 
Thread ID: 100164 2009-05-28 08:32:00 Tax cuts. Sweep (90) PC World Chat
Post ID Timestamp Content User
777692 2009-05-28 08:32:00 home.nzcity.co.nz

For those that voted National to get the tax cuts.

For those who did not vote you got what you deserve.
Sweep (90)
777693 2009-05-28 08:34:00 It's a sensible budget, which deals with the real (and growing) problem of debt.

If Labour was still in power, they would have announced tax hikes to continue funding wasteful government spending.
somebody (208)
777694 2009-05-28 08:34:00 I voted National, and I'm glad they cancelled the tax cuts. Metla (12)
777695 2009-05-28 08:38:00 I didn't vote National and it's an ok budget not spectacularly bad or good just average gary67 (56)
777696 2009-05-28 09:07:00 I did not need or want Tax cuts but a number of people based on the promise from National voted for the Party or other parties on a promise to deliver the same.

For me it is a reasonable Budget and possibly acheivable even.

Once again time will tell.

Mr English suddenly became less like a wimp to me.
Sweep (90)
777697 2009-05-28 09:20:00 I'm laughing at the people who voted National just specifically FOR the tax cuts bob_doe_nz (92)
777698 2009-05-28 09:42:00 I'm a bit disturbed that they cancelled the super contributions, but still promised to pay out super at 66% of average wage (after tax). Wonder where that money is going to come from.

And are they trying to turn us into a nation of builders?
the_bogan (9949)
777699 2009-05-28 09:58:00 Cant blame National for a recession the worst since 1929.
Reasonable people would expect the government to do stuff to mitigate the effects of a major recession did I say it is the worst since 1929?
Unreasonable people like commies would expect them to carry on as if no recession has happened.
prefect (6291)
777700 2009-05-28 10:01:00 I remember paying 1.5 shillings in a pound tax for superannuation some time back. That cash just disappeared somewhere. Not sure when but it had to be prior to 1967 as it was in currency prior to the 10th July 1967.

Possibly into something called the consolidated fund much like these days where the Government collects road taxes via Petrol and Diesel user charges and said funds do not go into improvement of roads as such.
Sweep (90)
777701 2009-05-28 10:05:00 I'm a bit disturbed that they cancelled the super contributions, but still promised to pay out super at 66% of average wage (after tax). Wonder where that money is going to come from.



They didn't really have any choice. Borrowing money to put into savings is idiotic (imagine telling low income families to get a personal loan so they could put money into the share market - you are paying interest on a loan, which is being invested in something which has uncertain returns).

When Michael Cullen set up the super fund, it was specifically so that when there are budget surpluses that money could be put aside for future superannuation payments. There is no surplus this year, and won't be for the next decade or so - in fact we are $8 billion in deficit.
somebody (208)
1 2 3 4