Of course Aloha Luxon’s tax cuts are a scam for the rich – where have you all been?
Someone woke the CTU up and told them there was an election next year and that resting on the Fair Pay Agreement passing won’t mean much if National win the next election and cancels it all.
Nearly $6b in National’s planned tax cuts for richest 5 per cent according to union analysis
National’s tax plan will give $10 in tax cuts to the top 5 per cent of income earners and landlords for every dollar of tax it cuts for the bottom half of earners, according to new calculations from the Council of Trade Unions.
If you take a fairly costly interpretation of National’s policy, the changes would give people earning the Prime Minister’s salary about $54,000 over the three years of the next Parliament, while people on the minimum wage would get a bit less than $350 over the same period.
National’s finance spokeswoman Nicola Willis said she completely rejected the figures.
The centrepiece of National’s election promise is a tax plan that will bin a raft of Labour’s taxes, including the new 39 per cent bracket, the extension of the bright line test and the removal of landlords’ ability to deduct interest costs from their tax bills.
Of course Aloha Luxon’s tax cuts are a scam for the rich! The average worker will get $800 a year while Chris will walk home with $18000!
National is simply not being honest about their tax cuts and that should concern you as a voter.
National have no idea what policy they will cut to fund their tax cuts, they haven’t been able to show any journalist how they square that circle and when pushed for actual details, National have none.
All Luxon has said is he’ll slash 14 000 workers from the public service. How does that make better services? They are already underfunded, how the hell does slashing jobs make things better?
National are selling Luxon on his self certainty, not his command of policy.
Luxon is an evangelical Christian who believes in prosperity theory, that means his 7 properties are evidence Jesus has blessed him. It is this self-certainty of Christ’s favour that National are selling to an uneasy and frightened electorate, not Luxon’s mastery of policy.
Luxon cares about the passengers in first class and when he wants to get down with the workers, he chats to the Pilots and first class cabin crew.
People who can’t fly are bottom feeders.
National have no fucking idea how to get NZ out of the post pandemic damage and are relying on nothing more than economic pain to get the rest of us to vote for them.
Riding resentment when you have nothing else to offer isn’t a solution and we can’t reward National while punishing Labour when National have even less to offer.
$6Billion in National’s Tax cuts will go to the richest 5% while the majority of workers will get less than $2 per week!
If you think National are the solution, you aren’t paying attention!
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If National were smart, and by this regurgitated tired policy, they aren’t, they’d reduce GST and fuel excise tax, not PAYE. Rather than flat lining in the polls and worse, losing voters to ACT, they would romp home, doing more for ALL New Zealanders and the economy in general, especially those at the bottom of the economy than Labour ever has in the past 40 years, or ever will.
Thing is with their current taxation policy it shows their thinking is devoid of imagination and so very uninspiring and worse, they look as talentless as Labour. That takes some doing!
The election is still a year away. No point peaking early. The current govt has yet to announce its election bribes as usual. Yet to see if Labour stays true to its record and gives out more handouts or adjusts tax brackets. Luxon can only respond afterwards.
I see that Aloha Luxon’s future Deputy Leader, David Seymour, is threatening to put beneficiaries who refuse to work, on an “income management” scheme.
https://www.newshub.co.nz/home/politics/2022/11/david-seymour-says-act-would-put-beneficiaries-refusing-jobs-on-income-management-to-tackle-labour-shortage.html
I nominate Aloha Luxon’s future Deputy Leader, David Seymour, to be on a “being a neoliberal fuckwit management” scheme.
Kiwis have had a f*cking gutsful of the coalition of the National and ACT alliance that continues to promulgate former ACT leader’s Roger Douglas’ vile neoliberal policies
“Luxon can only respond afterwards.”
He’s already responded, tax cuts, tax cuts, tax cuts. Just in case you missed that, tax cuts.
P.S. he is no politician.
The trouble with National is they are talking with a forked tongue one minute they are saying too many NZers are struggling, and not enough homes have been built nek minute they are wanting to give tax cuts t the rich many who have accumulated wealth (like multiple houses) by having well paid jobs
(in good times) National will need to say how they will pay for those tax cuts cause last time they did this the sacrificial lamb was run down health services and public schools. National also used HNZ as a cash cow instead of reinvesting in more social housing. Now people might say this was many years ago, so what, it takes a very long time to fix these issues and even more time when you have been through a major pandemic. We only have to look at how many local Councils have neglected water infrastructure another big mess.
Happy for a progressive tax system when others are paying more. But when those same “others” get more of their hard earned in a tax cut, you all bitch and moan.
Pathetic.
I think the National leader means he will slash 14 k of middle MGMT / change Manager/ senior manager s of which far to many exist in central government.
& Then give the real Government workers a pay rise and expand budgets to employ more people operating at the coal face on close to minimum wage.
I think 2022 should be the year of the ‘double down’. Labour’s hard out doing it and stupid Aloha is doing it with the tax cuts.
The index linking to CPI is long overdue and crucial and a vote winner. The top rate tax cut is not but there could be a 1/2 way house if he was prepared to compromise.
Add to that the sheer lunacy of him ruling out his intention to leave as Leader before the next election. We all know that when a National Leader says ‘Of course, I am not going” its odds on, they’re on their way out. A veritable ‘Kiss of Death’!
The proposed tax cuts haven’t gone down well with the majority of the voting public, it seems. Perhaps if Chris Luxon’s policy regarding benefits were to be beneficial to long term beneficiaries who simply cannot work, then they the tax cuts would have been received a bit better. You can’t work test and drug test and attitude test and all sorts of test people all the time. It doesn’t matter if they’re on a benefit or not, it’s degrading.
Daniel Lang Good man talking degrading. There’s much evidence, anecdotal and otherwise, of beneficiaries being subjected to unnecessarily degrading or stressful experiences by WINZ, for no useful reason.
Thanks Bomber.
We have so much bracket creep thanks to inflation that everyone in the country has seen an effective tax increase. The result is that the Treasury is awash with cash and this government is pissing it away on fantasy projects and consultants.
So indeed, we need to sort out tax rates and their brackets. It’s obvious.
Tax creep is bullshit. If it isn’t show me the figures on say an allied health employee going from $54,000 a year to $62,000 a year in the recent salary increase under Labour? Inflation is at 7.3% with wage increases at 7.5% this quarter, the highest increase on record. These are actual figures not generic ” so much bracket creep” ( how much is that actually?)
Trotting out a fantasy statement like this is embarrassing.
It’s my money. Mine. I earned it, the govt took too much of it and I want it back. Yesterday. Mathematics states that a higher earner will benefit more than a lower earner from bracket changes. Any whingeing to the contrary just shows that people don’t understand how progressive taxes work.
Exactly right. I have never understood ‘the tax cuts for the rich’ mantra. If Luxon genuinely gets 21 times the benefit from a tax cut than the average guy then Luxon pays in vastly more than the average guy and, in all probability, has been doing it for years. If people don’t understand that then, you are right, they don’t understand how graduated taxes work.
The tax cut proposed doesn’t mean Luxon is earning any more than he already is, it just means he is going to have an extra $18,000 a year through the tax cut, thus the tax cuts for the rich mantra. However, those on the lowest income will receive $104 a year.
Tell me who is better off, if you don’t understand that then you don’t understand how the higher income earners benefit more in a graduated tax system?
Actually, it isn’t rocket science.
Yes I do get that and I do understand why it is easy to pick up the ‘tax cuts for the rich’ mantra and run with it. But prior to the tax cut Luxon loses $18,000 per year and the average guy loses $104. If we assume the top tax rate has been in place for 5 years then Luxon has paid in $90,000 and average guy has paid in $520.
Take me through the “higher income earners benefit more in a graduated tax system” statement again.
Oh dear, how does Luxon “lose” $18,000?
Luxon doesn’t even deny it, everyone and his dog gets it except you?
Pretty simple really. If, after a tax cut, Luxon is better off by $18k then prior to the tax cut Luxon is paying that $18k in tax.
So he’s better off by $18,000, there, wasn’t so hard.