“…No ifs, no buts, no caveats, I will repeal this CGT as Prime Minister of New Zealand ” – a statement so categorical that it made John Key’s 2008 commitment never to raise GST, look timid;
“National is not going to be raising GST.National wants to cut taxes not raise taxes.”
Except, he did.
In October 2010, Key’s National government increased GST from 12.5% to 15%.
As property investors/speculators; assorted financiers; and their political-wing, the National Party, ramp up their opposition to a capital gains tax to a stridency approaching hysteria, current party leader, Simon Bridges, has used the mainstream media to push his highly propagandised (and highly emotive and misleading) messages;Read More →
Now is the time of the year when we send in requests to that mysterious red-garbed being at the north pole for ‘goodies’ of one sort or another. This is my belated wish-list of gifts. But not gifts for myself. These are gifts for the whole of New Zealand…Read More →
When it comes to tax cuts for the rich; state asset sales; slashing public services; and corporate welfare – National can move at relativistic velocities that Einstein concluded were beyond the realms of physical laws in our Universe.Read More →
It’s a bit “rich” (excuse the pun) for the IRD to be clamping down on an underground “cash” economy when we have – in broad view of the entire nation – a massive tax loop-hole costing society billions in lost tax-revenue.Read More →
The Nats have been at it again; spinning their misleading bullshit to discredit Labour policy. This time, Revenue Minister Todd McClay, has been busy issuing media statements that there is no need for Labour’s proposed Capital Gains Tax because, well, evidently, we already have one.Read More →