As much as I am disappointed in National, listening to what Labour would do were they in charge made my skin crawl just now. A capital gains tax and compulsory super would save us all, apparently.
Meanwhile, National taking tax from kids' after-school jobs is a bit of an own goal. Doesn't make them look good, even though I'm pretty sure the rationale was to clamp down on parents channelling money through their tax-free children. Just because a loophole exists, doesn't mean you have to take it. A great example of the greedy ruining it for everyone.
For more on the budget, read this: Budget 2012: English's nickel and dime Budget
Meanwhile, National taking tax from kids' after-school jobs is a bit of an own goal. Doesn't make them look good, even though I'm pretty sure the rationale was to clamp down on parents channelling money through their tax-free children. Just because a loophole exists, doesn't mean you have to take it. A great example of the greedy ruining it for everyone.
For more on the budget, read this: Budget 2012: English's nickel and dime Budget
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