Posts by Sacha
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Interestingly, when using the tax calculator linked to earlier, the difference in 'weekly income' clawed back for my partner and myself from the tax cut between this year while I'm earning ~$13K and next year when i'll be earning $0 is ~$1.50 a week. Why is this?
I don't want to get all hyperbolic (will save that for any discussion of Bryers), but it's possible they don't see full time study for adults as something that the tax system should incentivise. Income of zero probably doesn't come across as very.. ambitious.
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the only one with hair
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I like fair wealth. By contrast, I've just watched another limp old white judge worrying that poor Mr Bryers would find it "inconvenient" to jet back from his luxury Sydney pad to undertake the cursory "community service" that is meant to make up for stealing over $80m of people's retirement savings. You can see how defrauded investors might be tempted to apply some justice of their own. No wonder the prick had a police escort.
My spreadsheet on distribution of the tax cuts is here
Though like last year's Budget this one pleasantly surprised me in some parts, I'm not in the mood to disagree with Idiot/Savant's sentiments:
Not on the table: those earning over $150,000, the top 2%, pocket $430 million, about 11.5% of the total. This is almost exactly the amount the government has to borrow to fund this package. The people of New Zealand will be saddled with further debt to pay for the greed of the few at the top.
Also not on the table: the effects of increased GST. This will effectively claw back everything gained by those earning under $20,000, and most of what is gained by those earning under $70,000. Only the rich will be better off. And that's without even getting into the effects of higher ACC charges or reduced government services.
Basically, the vast majority of New Zealanders have just been screwed over for the benefit of a tiny percentage of parasites at the top. John Key is right - we shouldn't be envious: we should be angry.
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It's a nice world Key lives in
some call it Parnell, others Hawaii
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I recall hearing many years ago (no refs sorry) that about 90% of the world's weapons were supplied by the 5 permanent members of the UN Security Council - who can veto any action that threatens their lucrative lil wars.
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Thought I'd better edit to clarify who Bryers is
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Hey, Sacha. Fancy a tipple at 6?
Sorry, been in the kitchen. Might be cutting it a bit fine for me tonight.
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Rich justice. Blue Chip douchemeister Mark Bryers gets 75 hours community service and $37,500 fine but is bankrupt so presumably doesn't have to pay it and is living well in Aus, thanks very much.
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Hold onto the pony
Just make sure it only lives 50 years, max
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a gross generalisation
ewww