“Figures released to the Sunday Star-Times under the Official Information Act show that almost one in every five dollars of extra personal tax revenue reaped by the government since 1999 has come from bracket creep.
The Labour-led government has pledged to cut taxes in the next Budget. Its twin commitments on taxes when it came into office was that there would be no tax rise for those on $60,000 and that the new top rate would affect only 5% of taxpayers.
However 11% are now paying the top rate because of the effects of bracket creep, including many who are far from wealthy. Three-quarters of secondary school teachers are now earning more than $60,000, putting them in the top bracket.”
The government stands to reap up to $5.6 billion in extra revenue from the introduction of an emissions trading system, official figures show. And power generating companies could pocket net windfall gains of another $2b during 2010-2015.
Well, this reinforces exactly why Enron wanted to set-up a carbon trading system – there is billions of dollars (trillions in their case) to be earned.
Winning quote IMO:
Papers obtained by the Star-Times reveal what the government then knew, but chose not to talk about. Ironically, the papers say the emissions trading system “is not designed to generate revenue for the government”. Yet they go on to spell out how it will do just that.
Former National Party leader Don Brash and his wife Je Lan have separated.
The Sunday Star-Times has been told the pair, who were married for 18 years, split earlier this week and that Brash had left their home in Glendowie, east Auckland.
Meanwhile Diane Foreman said…
“he is categorically not with me.
It’s absolutely nothing to do with me.
There is no way he is with me,
there is no way he left for me,
there is just no way.
I am not involved in this in any way.”
of course 6 denials must be a record for something you had nothing to do with … at all… this year
Heres something interesting on the <a href=”http://www.unitedfuture.org.nz/forum/topic,53,electoral_finance_bill.sm;jsessionid=72DF97524C29815D6E2F0706D37BC2C0″ rel=”nofollow”> United future website</a> Peter Dunne has said that he limit on third party spending only applies to groups campaigning as part of the election process. It does not apply to people or groups expressing an opinion. Is he correct?
He also says you will not need to have your name and address on your United Future T-shirt after Jan 1. What about if you are using it to campaign? Wouldn`t that t-shirt be an election advertisement?
[DPF: If the opinion can be seen as encouraging or persuading people to support or not support a party or a candidate or a class of party or candidate it will be limited. If you want to run a campaign which says "Support parties which support Kyoto" then that is captured.
And if the t-shirt can be seen to encourage support for United Future, they may now be considered an advertisement and need authorisation.]
One of the things mentioned on a previous post – Youth Organised and United – was the issue of Taxation without Representation in Regards to youth.
Nobody really got into the debate but I think it is a very relevant issue in today’s political climate – why are we taxing under 18’s when we don’t allow them to vote? We take their money but do not give them any choice in electing those who are to spend it.
It is essentially theft!!
What do you think?
[DPF: Well one could argue that any tax you are paying is just mitigating all the taxes you have received up until then for your heathcare and education. Maybe people should only get to vote once they become a *net* taxpayer :-)]
“Does the fact that polls show a majority of the public favour the retention of Graham Henry as All Blacks coach indicate a new maturity in New Zealand?”
No it just shows that we are used to losing and rather then wanting to win we now just accept it when we lose. When Johnny lost in the semi everyone wanted to get rid of him, but when Graham loses in the quater finals we want him to stay! Something very bad has happened to our mentality about winning over the last four years.
Those of us who aren’t suffering from the crippling mental illness of leftism always knew the left were predominantly nutters, self absorbed navel gazing jerkoffs, typified by scatter brained narcissisitic hollywood poseurs or deranged academic zealots intent upon imposing their worldview on the citizenry, or power crazed “know whats’s best” politicians who will stop at nothing in their pursuit of their obsession to control, or just crazed irrational blathering idiots with out a brain cell to bless themselves- the underlying personality characteristic of leftism is derangement- they even admit it themselves-
Hey ghostwhowalks – I do hope you’re not stalking Becks in Wellington ? He is extremely frightened of ghosts ? Poor chap is rather anxious to leave the country . Who can blame him . What a wacko from the redbus .
I find it interesting that She Who Must Be Obeyed spent time in Egypt to not just open our new Embassy, but to open the outsourced call-centre from Vodafone. Personally, I have no problem with Outsourcing, but a Labour PM conutenancing the export of jobs to the MIddle East!! No doubt, SWMBO will be going to Manila to open and bless the Yellow Pages call centre.
Where is the outrage from the workers over this. In the USA many of the Democrats froth at the mouth over off-shore outsourcing.
Now if we had a proper telecommunications infrastructure and a functionally literate workforce, perhaps we could be a centre for outsourcing. Nah, too hard, requires enterprise, hard work and a desire to achieve. Let us leave it to the go ahead Filipinos and the foresighted Egyptians. These decisions make a mockery over ease of doing business surveys . What price the Digital Future? More talk, no do?
Yes I know Adolf Dumbweiss , silly old Dumbwit , because he is stuck in my chimney right now and I am just about to crank the huge log burner up from socialist deadwood collected from the ministry of micro chips ? Burn spittlewood , poor chimney sweeper . Where are matches ? Burn baby burn .
Have just left Michael Hill’s private golf course after four days of nirvana – I play the occasional round, and wasn’t that keen on spending four days walking about Arrowtown (but my brother in law needed the extra person)…
But fuck me. It was amazing. Say what you like about Hill, by God he knows how to build something that would give Jack Nicklaus nightmares. It was the most fun I’ve had walking round the outdoors for a long time. Great course, great players, great crowds, great everything.
Hill deserves a knighthood…oh yeah, that’s right, our egalitarian society doesn’t allow that sort of thing these days…well done that man, nonetheless.
Been out all day in the glorious weather. Spotted this at that champion of free speech The Herald referring to the Russian Election. Shades of things to come in Godzone under the socialist scum. Heres some to whet your appetite and the link.
Increasingly marginalized opposition parties have complained that numerous election rule changes, heavily skewed media coverage, repeated instances of government pressure on voters and Putin’s own campaigning have made the contest unfair.
Publication of opinion polls is banned in the days before the vote but pollsters say the Communists are the only party other than United Russia assured of exceeding the 7 percent threshold to qualify for seats in the new Duma.
Putin has insisted the elections will be completely democratic. He has attacked foreigners for “poking their snotty noses” into Russia’s internal affairs and accused opposition politicians of being stooges for Western powers.
The West’s main election watchdog body, the ODIHR, will not be monitoring the vote. It pulled out after a row with Moscow over delays in issuing visas.
Just around 300 foreign observers, roughly half of them from ex-Soviet states, had been accredited to watch the election. The Kremlin says checks by foreign monitors are unnecessary because Russia has high standards of democracy.”