Comments on: Budget Lockup

By: siobhan

siobhan — Thu, 22 May 2008 03:17:16 +0000

I hope you are all right – I’m off if these idiots get in again. And I love my country and I hate feeling like I need to leave.

By: burt

burt — Thu, 22 May 2008 02:50:19 +0000

roger nome

WTF are you talking about? I think you have confused somebody elses comments with mine. Please explain where I said they did it too?

By: stephen

stephen — Thu, 22 May 2008 02:49:40 +0000

Well they would do allright if they have a dependent kids though wouldn’t they…still.

By: burt

burt — Thu, 22 May 2008 02:48:43 +0000

I’ve done some calculations – I can now retire 3 days earlier than I had planned.

By: Johnboy

Johnboy — Thu, 22 May 2008 02:46:03 +0000

Indeed one would stephen that is why Micky has reduced the bottom rate by only 2.5% from 15 to 12.5 and refused to adopt the sensible policies of ACT of no tax at all on the lowest incomes. Still the dumb buggers vote for Liarbour. Got me beat it has.

By: stephen

stephen — Thu, 22 May 2008 02:41:24 +0000

well going on that logic Johnboy, couldn’t one call taxing those in the lowest bracket ‘the politics of stomping on useless low income earners’?

By: paradigm

paradigm — Thu, 22 May 2008 02:36:51 +0000

“the 39 percent threshold will rise by $20,000 to $80,000.”

According to Act it needed to be raised to about $74000 just to counter bracket creep, so this really isn’t all that much relief for the top tax level.

By: Johnboy

Johnboy — Thu, 22 May 2008 02:34:31 +0000

Note the politics of envy and greed as you would expect—no reduction in the top rate of 39%!!!

By: Johnboy

Johnboy — Thu, 22 May 2008 02:32:30 +0000

“Finance Minister Michael Cullen today announced a three-year tax cutting package, with workers on the average $45,000 wage taking home an extra $16 a week from October.

His ninth Budget dropped the bottom tax rate from 15 per cent to 12.5 per cent and raised the 33 per cent and 39 per cent thresholds by $10,000 a year.

From October, the top tax rate will kick in for people earning more than $70,000 a year.”

Thats just pasted off the Herald IV2 is the $80,000 for later if we all vote Mickys party back in perhaps?

By: boomtownprat

boomtownprat — Thu, 22 May 2008 02:32:06 +0000

NO IV2, its’s 80k in 2011!!!!

By: big bruv

big bruv — Thu, 22 May 2008 02:29:41 +0000

Great….I keep working to feed other people bloody kids.

By: Inventory2

Inventory2 — Thu, 22 May 2008 02:28:37 +0000

Johnboy – it’s $80k

By: Johnboy

Johnboy — Thu, 22 May 2008 02:24:24 +0000

Shattering news in the budget folks—”Rich Pricks” are now upgraded to those on $70,000 pa.

By: roger nome

roger nome — Thu, 22 May 2008 02:24:01 +0000

Burt -

They did it too so it’s alright for us to do it? National good Labour bad?

By: Spam

Spam — Thu, 22 May 2008 02:23:43 +0000

Michael Cullen – NZ Herald
Tax cuts costing $10.6 billion
22/05/2008 14:16:51

The Government is spending $10.6 billion on its tax cut programme.

Over the next four years, the lowest personal tax rate will be reduced to 12.5 percent; the 21 percent threshold will be increased by $10,500 to $20,000; the 33 percent threshold will rise by $4,500 to $42,500 and the 39 percent threshold will rise by $20,000 to $80,000.

People currently on $20,000 a year will receive an extra $12 a week from October; those on $40,000-$60,000 will get an extra $16 a week; and taxpayers earning more than $70,000 will get $28 in their weekly pay packets.

The Government says that from April 2011, nearly 300,000 taxpayers will no longer face the highest tax rate of 39 percent.

The family tax credit will be boosted and there will be an increase to the Working for Families tax credit threshold from October 1, worth $14 per week for a family with two young children on the average wage. A further expected increase to the family tax credit and income threshold will occur from April 1, 2011, worth an additional $15 per week.

The programme will see a couple on the current average household income of $72,000 (split two thirds/one third) with two children aged between 11 and eight better off by $43 a week from October 1 ($2,223 a year) rising to $85 a week ($4,397) a year from April 2011.

Finance Minister Michael Cullen says the tax programme should provide some relief from the current increases in the cost of living although he says for many families, they will not compensate for them totally.

By: Pascal

Pascal — Thu, 22 May 2008 02:20:53 +0000

roger nome: DPF tolerates a lot of bile and abuse from posters from the right here

As opposed to Philip John who calls DPF’s ethics, professional relationships and general behavior into question at every opportunity presented. I realize you are speaking in terms of general bile and abuse, but on a personal level you deliver the most abuse at DPF of anyone here.

By: burt

burt — Thu, 22 May 2008 02:19:47 +0000

roger nome

This inflation business the IMF are talking about – what caused it? Govt spending perhaps? Now what happens – the dim-bulb socialists continue to spend like a drunken sailor and the workers get buttons becasue the friggen socialists have stolen all the head room from the economy. Brilliant – self serving policies of a corrupt power at any price govt at their finest.

By: roger nome

roger nome — Thu, 22 May 2008 02:19:29 +0000

Ray -

The pig f*****g claim was made with humour, and it did have quite an interesting point behind it. I think ‘sod gets away with that kind of thing because he is actually funny and intelligent, though he definitely crosses the line too often.

By: ray

ray — Thu, 22 May 2008 02:15:10 +0000

Robinsod is a disgrace
Remember his pig f*****g claims that he made and remade
No moderating there

By: roger nome

roger nome — Thu, 22 May 2008 02:15:02 +0000

“read some of the crap posted by Robinsod”

Robinsod has been banned at the standard before. But he is the exception there, rather than the rule. Also if you look at who he abuses/bullies, it’s usually people who are lower-level bullies like yourself, whaleoil and Barnsley Bill etc. He sees himself as somewhat of a vigilante justice figure (not that this excuses some of his more abusive outbursts).