Posts by Sacha
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Speaker: Doing the right thing on retirement, in reply to Islander,
Overall money flows into and out of the scheme are not affected by anyone's experience. That's a different thing altogether and no one is saying it's not important in itself - just not at all relevant to this particular matter.
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Speaker: Doing the right thing on retirement, in reply to Islander,
We were talking about the affordability of the entire scheme, not how well or poorly any individual fared.
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Speaker: Doing the right thing on retirement, in reply to Islander,
The top personal tax rate was 66% when the current superannuation scheme was introduced. That is all I'm saying.
Your situation is more exceptional than you seem to believe but in any case it is completely irrelevant to the two facts I've stated and that's all I have to say about it.
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Speaker: Doing the right thing on retirement, in reply to Islander,
With respect, your personal experience does not affect the broader economics of the equation.
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Speaker: Doing the right thing on retirement, in reply to Islander,
That there was a 66% top tax rate when Superannuation was introduced is what it is.
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Speaker: Doing the right thing on retirement, in reply to Gareth Ward,
with the usual Twitter facts grain of salt etc etc)
It's a dead straight fact, that one. Just hadn't seen the connection made so clearly.
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Speaker: Doing the right thing on retirement, in reply to BenWilson,
NZ needs more revenue-earning export businesses.
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Speaker: Doing the right thing on retirement, in reply to Gareth Ward,
They've operated under an increasingly low tax environment post Rogernomics
Someone pointed out on Twitter that the top tax rate alongside Muldoon's non-means-tested super scheme was 66%. Funnily enough the 1984 government halved the tax but not the retirement package.
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Speaker: Doing the right thing on retirement, in reply to Bart Janssen,
And we don't need to generate any new ideas.
You're misrepresenting the investment in new research even though we both agree it's nowhere near enough. As for the other stuff, you're free to believe whatever you want to.
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Speaker: Doing the right thing on retirement, in reply to Bart Janssen,
If you look around the world those small startups are usually clustered around good research communities
True