OnPoint: Fiscal Responsibility is the New Black
97 Responses
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Sofie Bribiesca, in reply to
I will box some thing up tomorrow so look out for goodies in the next 3 days. :)
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Sofie Bribiesca, in reply to
What is Labour and the Greens current stance on the TPPA?
Well, that have been making noise as both see the demise of Pharmac. Suppose I can go away and find details... ;)
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I'm about 99% sure the Greens (the party I'm a member of) oppose it categorically rather than conditionally - there is simply too much to fix, and too much they've publicly opposed in very strong terms (Pharmac being merely one).
However, I haven't seen a public statement giving that assurance yet. I'll update if I get one.
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merc,
GST on rates seems a bit on the nose.
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Sofie Bribiesca, in reply to
GST on rates seems a bit on the nose.
Yes, tax on tax is mean.
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merc,
It would be cool if they were more upfront on how they spend or borrow against it as well.
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Rich of Observationz, in reply to
Why? It's no different to a slightly higher tax?
(So if you pay 0.37c in the dollar, that's a 0.37% tax, which with GST is a 0.43% tax).
Now, if you make a 5% capital gain on the property, that's taxed at 0%, so you're effectively being subsidised 1.67% - four times the rates. That's tax money that's coming out of workers' pockets instead of asset owners).
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Sofie Bribiesca, in reply to
I was just thinking of the hundreds in gst on my rates,but I get your point.
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And the GST goes to the central Government, not the local council.
Rates should be abolished anyway and replaced by a transfer from central Govt of a percentage of all income and GST taxes collected in your local body area. Cheaper to run, fairer to implement, more stable revenue and linked to your ability to pay than to the peceived value of what you may own. -
Sacha, in reply to
Local government has always mainly been about managing land-based activities and effects, and its revenue basis has reflected that.
The most recent comprehensive review of local authority income has not been properly implemented by either of the last two governments, though I'm sure we'll see some remodelling along less evidence-based lines after this election, whether or not Act scrape back in.
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Sacha, in reply to
the GST goes to the central Government, not the local council
True. It's more like the state/federal taxes in some other nations.
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And then there's This Guy who doesn't think he pays enough, DOH!
Geoff Burton's house at [redacted], Glendowie, has gone from a capital value of $2.3 million to just $1.5 million - despite the suburb's values rising by 7.79 per cent overall.
Mr Burton is one of more than 1000 homeowners who have so far complained to the council about the new valuations.
I also wonder how happy he is about the paper publishing his address.
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DexterX, in reply to
That's tax money that's coming out of workers' pockets instead of asset owners
All expenses relating to a rental ppty are paid by the tenant.
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Rich of Observationz, in reply to
Not neccesarily, landlords charge what the market will bear. Typically in NZ that's less than the cost of ownership of the property.
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Rich of Observationz, in reply to
GV's are a matter of public record.
You can also look the place up on Google Maps, or wonder whether it's this guy's house - must be a lot of dollars in house pr0n.
Will all be very useful when the revolution starts...
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Sofie Bribiesca, in reply to
Does lettuce have a season?
Sorry to drag this along but lettuce being seasonal is now at $1.60 at Countdown. Truss Tomatoes $2.98 / kilo
Oh and Islander, Parcel sent to you Monday afternoon, hope pickle stays intact :)
Righto going away now ....... -
Islander, in reply to
Oh and Islander, Parcel sent to you Monday afternoon, hope pickle stays intact :)
O you beauties!
I will ask a neighbour to pick it up with care, and cherish it until I get back on the weekend-ka mihi aroha mai na koutou - n/n/K -
Hilary Stace, in reply to
Allan Peachey was the MP I bailed up in the supermarket three years ago ( just before Christmas) after the new govt had just passed the National Standards act through all its stages in less than 24 hours. My concern was about autistic students and I raved about it at the time on PAS. He was very gracious and consequently Autism NZ met the select committee several times to discuss their concerns. (The select committee even put out a summary report a few weeks ago). He was always polite and concerned and I thought a good and fair chair of the select committee. Apparently he wasn't that pleased about national standards, and I'm pretty sure he didn't approve of the way they were hammered into schools.
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Lucy Stewart, in reply to
Apparently he wasn’t that pleased about national standards, and I’m pretty sure he didn’t approve of the way they were hammered into schools.
Why does National always manage to get people who are experienced and knowledgeable in a sector and then keep them strictly away from actual policy decisions about it?
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merc, in reply to
This is the most baffling part of them for sure.
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