Chippy is playing a very strategic game.
Voters always dream of themselves as future millionaires and get spooked they will pay more tax on those imaginary millions.
By ruling out anything meaningful on Tax, Chippy is reassuring those voters he is a safe pair of hands for their imaginary wealth, but it also opens the door for the Māori Party, TOP and the Greens to make a meaningful contribution to the debate.
Unfortunately the Greens are utterly incapable of offering anything to the debate because they are too busy starting culture wars with whit cis males and are about to implode into internal warring factions.
The Māori Party has been incredibly staunch in calling for GST off food and a Financial Transaction Tax where as TOP are being revolutionary with their tax proposals.
Chippy has calmed the middle, but he is also totally open to being forced to negotiate another parties tax policy and that is what is really scaring the bejesus out of the backers of the Right.
The nightmare scenario within the mega wealthy is that a Labour/Green/Māori Party Government is formed and does something serious about inequality in this country.
Those interests are already looking at yesterdays tax reveal and gulped as their privilege and wealth are exposed to an angry electorate.
The Rights drive to win knows no boundaries.
We are seeing large donors going to NZ First now Shane Jones has announced in Northland and could be offered a cup of Tea Epsom deal that would guarantee NZ First MPs coat tailed in.
We are seeing enormous wealth being donated by NZs richest elites to the right…
…and earlier in the week we saw King of the Nazgûl’s, Richard Prebble, seeding the path to replacing Luxon…
Until Luxon rejects the counsel of his realpolitik advisers and goes with his instincts, the two Christophers will be Labour’s greatest electoral assets.
…for a right wing vampire like Richard Prebble to start undermining Luxon now means the hard right who are terrified of an actual Left wing Government are ensuring they have every possible option on the table come election day.
Huge donations, deals in Northland and the sudden replacement of Luxon by Nicola Willis.
There is an enormous political class battle happening right now in NZ, and we are missing it because the media want to focus on the Human Rights Commissioner donating $1500 to Kiri Allan that in now way shape or form influenced him or influenced her!
If Labour don’t do something meaningful on inequality after the 2023 election, it is time to form a new Left wing political movement.
What’s the point of bread and butter politics if you can’t afford them?
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You can’t afford a house deposit when the Reserve Bank has to make borrowing more expensive whiles impossible for wages to keep pace with the cost of living. Stupid New Zealanders just make it easy for smart asses to rip them off.
All the inflationary pressures isn’t coming from working people. It’s coming from the financial markets. Getting the rental settings correct will be crucial so we can cool the housing markets and give superannuation a chance to multiply people’s wealth at a fixed rate of 5%.
Government Policy on Housing both National & Labour has been geared towards the property owning gentry for the past 40-50 years. In the old days we had the Housing Corporation who assisted low income families get into a house to actually live in not as a speculative investment.
Under the National Government and John Key, they brought in an additional 600k Chinese immigrants, and opened the NZ Property Market up to Offshore Investors. At this point the NZ Property Market was already constrained, we were not building enough houses to house the current NZ population. Hence property prices rapidly rose, talking with Chinese colleagues of mine, many Chinese investors saw NZ as a safe haven for their money $$$ especially if things in China were to turn pear shaped.
With the mass immigration of 600k Chinese an opportunity arose to sell off NZ Real Estate to Mainland Chinese Investors. Even in the last Labour/NZF/Green Government 2017-2020 we allowed 80,000 new immigrants into the country, however we were only building enough houses for 50,000 people. Hence the arise of the Housing Motels in Rotorua for displaced citizens.
Now days with the extreme costs of rentals lower paid disadvantaged people can no longer afford the rent, let alone putting food on the table. If you are on a minimum wage of say $22.00 per hour = $880.00 less tax of 25% = $220.00, this will leave a net income of $660.00 per week. Say you have to pay $500.00 per week for a 3 x Bedroom house that leaves $160.00 to feed and cloth the family, hence a young family will never be able to save a deposit for a house here in NZ.
Successive Government’s both National & Labour have favoured immigrants over and above NZ Citizens.
Government Policy on Housing both National & Labour has been geared towards the property owning gentry for the past 40-50 years. In the old days we had the Housing Corporation who assisted low income families get into a house to actually live in not as a speculative investment.
Under the National Government and John Key, they brought in an additional 600k Chinese immigrants, and opened the NZ Property Market up to Offshore Investors. At this point the NZ Property Market was already constrained, we were not building enough houses to house the current NZ population. Hence property prices rapidly rose, talking with Chinese colleagues of mine, many Chinese investors saw NZ as a safe haven for their money $$$ especially if things in China were to turn pear shaped.
With the mass immigration of 600k Chinese an opportunity arose to sell off NZ Real Estate to Mainland Chinese Investors. Even in the last Labour/NZF/Green Government 2017-2020 we allowed 80,000 new immigrants into the country, however we were only building enough houses for 50,000 people. Hence the arise of the Housing Motels in Rotorua for displaced citizens.
Now days with the extreme costs of rentals lower paid disadvantaged people can no longer afford the rent, let alone putting food on the table. If you are on a minimum wage of say $22.00 per hour = $880.00 less tax of 25% = $220.00, this will leave a net income of $660.00 per week. Say you have to pay $500.00 per week for a 3 x Bedroom house that leaves $160.00 to feed and cloth the family, hence a young family will never be able to save a deposit for a house here in NZ.
Successive Government’s both National & Labour have favoured immigrants over and above NZ Citizens.
This country is a JOKE when it comes to housing.
Open up a govt EV car manufacturer plants with a high UBI and get income s up that way. Can’t rely on taxing muddle class and the other $ over lords
Get the billionaire Iwi to start paying tax.
They certainly received taxpayer money to prop them up over covid (see Ngai Tahus business Whale watch) but put nothing back in government coffers.
Are those “families” on the list of rich families not contributing?
Why not?
One of Labour’s largest problems is their failure to deliver.
Thus, if they want voters to believe them, they need to deliver something substantial now.
Moreover, Labour are totally out of touch.
People are feeling the pinch now, hence can’t wait for promises that will take affect long after the election.
Especially as they are still awaiting the promises of the last election ie Kiwi build, welfare reform. etc
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