tag:blogger.com,1999:blog-38893560.post3373746186114720645..comments2023-10-08T12:11:52.993+13:00Comments on New Zealand Conservative: Tax free band out of tune with LabourLucia Mariahttp://www.blogger.com/profile/10485990994973953860noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-38893560.post-9893744970649702782008-05-10T01:09:00.000+12:002008-05-10T01:09:00.000+12:00I personally don't like things like tax-free thres...I personally don't like things like tax-free thresholds because it's not fair to those who earn more an the thresholds. If you make it 9K, then he who makes 10K will be worse off and that serves as an incentive for him to earn less not more.<BR/><BR/>Flat tax is what i prefer, same percentage across the board because why should someone who earns a lot of money because they're busting their asses pay extra. It implies those who work hard are less deserving of their income and the useless sack of filth is more deserving because he/she is too lazy to get off their asses and work.<BR/><BR/>We in Australia waffle on about fair-go and all that but it's bull when it comes to taxes. I've seen what Americans pay in tax, and they under leftie slimeballs are much better off than us. We can only dream of keeping a equivalent of what they get to keep.MathewKhttps://www.blogger.com/profile/14385674205383405783noreply@blogger.comtag:blogger.com,1999:blog-38893560.post-58198504881066628602008-05-08T19:09:00.000+12:002008-05-08T19:09:00.000+12:00Agreed PM. I don't like the entire tax system (bu...Agreed PM. I don't like the entire tax system (but that's a different post), but to me a tax free threshold would be a good Labour policy. <BR/><BR/>Cullen has this priced at 3.7 billion, but that could easily be lowered by adjusting the various benefits down a smidgen (but not so much as to negate the tax break) and introduce capital gain tax on the poor sods who have investment properties. The only silver lining would be if they were forced to sell them in this market, they probably will make very little in the way of a capital gain :-\.<BR/><BR/>We'll have to see what he has up his sleeve. Perhaps increasing the top tax rate to 47% on very high incomes (like Australia) and introducing some new industry based taxes??ZenTigerhttps://www.blogger.com/profile/07888629207437612884noreply@blogger.comtag:blogger.com,1999:blog-38893560.post-55867864326022757792008-05-08T18:57:00.000+12:002008-05-08T18:57:00.000+12:00I can't figure out what's behind Cullen rejecting ...I can't figure out what's behind Cullen rejecting this idea. This is exactly the kind of tax cut I could understand - would benefit me some, but benefit people on low incomes a lot more in relative terms. Why would we need to care about options further up the income scale? Those of us on good incomes also earned a first $9500, so we'd still benefit from it.Psycho Milthttps://www.blogger.com/profile/00779500926576047736noreply@blogger.com