Max the Tax

July 19th, 2011 at 4:30 pm by David Farrar

I asked on Twitter whether were likely to use their “Ax the ” bus in the election campaign. Lots of humourous feedback, but the best retort came within a few seconds from Revenue Minister who said they were going to rename the bus to “Max the ”.

Whale has provided this new graphic. Thanks to Peter for the slogan, which I suspect we have not have heard the last of.

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64 Responses to “Max the Tax”

  1. jaba (2,141 comments) says:

    I have asked on Redalert a couple of times .. no answer .. and a great bus

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  2. La Grand Fromage (145 comments) says:

    Or how about;

    Giving the arse to the middle class

    Labour – handing over more of your hard earned cash to lay abouts and malingerers since 1916.

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  3. dime (9,972 comments) says:

    how about “we hate straight white men”

    catchy!

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  4. Caleb (479 comments) says:

    why not just paint up a bus exactly like this and drive around.

    sums up labour very well.

    can we do one for the greens too…?

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  5. Inventory2 (10,337 comments) says:

    As fate would have it, the same image is currently sitting on a caption contest at Keeping Stock, so come on over and fill your boots!!

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  6. krazykiwi (9,186 comments) says:

    Le Grande Fromage – re class, didn’t think they were too discriminating on the giving, or the taking for that matter

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  7. krazykiwi (9,186 comments) says:

    DPF – Does this post constitute an ad under the EFA? Just asking as I’d have thought Caleb’s suggestion would be classed as an ad

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  8. MyNameIsJack (2,415 comments) says:

    At least Labour has a plan.

    What have Nactional given us?

    Highest inflation in over 20 years.

    Tax cuts for the rich prick mates, funded by an increase in the Granny Slaying Tax and excessive foreign borrowing.

    Stubbornly high unemployment.

    The Fat Controller doing his level best to fuckover any chance of quick recovery in Christchurch.

    An Labour Minister who doesn’t care how many more mine workers may die just as long as SHE doesn’t have to make a decision.

    An Army that dictates policy to the government.

    The destruction of Ecan without recourse and the commissioners just sit on their highly paid fat arses, totally unaccountable to the electorate.

    The saddling of Auckland with an unwanted and unworkable “Super City” to sate Liitle Rodders’ ego.

    The elevation of Brostocracy.

    Yep, give me an honest tax policy any day over the slime of National.

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  9. hj (6,996 comments) says:

    Labour – handing over more of your hard earned cash to lay abouts and malingerers since 1916.
    …..
    Picture the cover of Property Investor Magazine : Prick in Hammock! (I forget what issue that was).

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  10. Inventory2 (10,337 comments) says:

    Which party is going to be borrowing until AT LEAST 2022 to fund its tax cuts MNIJ? The Party with a plan, that’s which party!

    Labour’s “plan” is for New Zealand to become the most indebted nation in the Southern Hemisphere (an ambitious task, when Zimbabwe is one of our competitors); it’s certainly not a plan that fills me with confidence for my children’s futures.

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  11. Pauleastbay (5,035 comments) says:

    MNIJ

    Pavlov’s Dog response as expected from you .

    Bugger it, I’ve got demerits to burn, -“fuck off you knob”

    Polls indicate labour will not be near the treasury benches until at least 2023 so get used to it you fuckwit

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  12. Tommo (11 comments) says:

    MyNameIsJackOff,

    You lost me at “At least Labour has a plan”, I now have to go and change my pants hahaha

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  13. RRM (9,917 comments) says:

    Whale oil must have spent half a day doctoring up that photo. I pity him.

    And the slogan on the Labour bus should be

    SOMETHING ABOUT A TAX

    (It would be charitable in the extreme to assume they have an economic plan as coherent and simple as “Maxing the tax”… )

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  14. hj (6,996 comments) says:

    National is just the Parliamentary Wing of Harcourts Shanghai. As the man from Coopers says :” lets take a selection of our products over (headlands , beach front etc) kiwi’s wouldn’t know what to do with that that sort of thing and flog it off to the Chinks, make a bundle!” As the smarmy Mathew Hooten says: “if that person can’t sell to a foreigner he can’t get the best price”.. (to which Mr Trotter says : “people who sold out to foriegners used to be hung, drawn and quartered’ (we should bring that back)!.

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  15. Inventory2 (10,337 comments) says:

    Winston’s pet xenophobe appears at 6.56pm…

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  16. kiwi in america (2,449 comments) says:

    MNIJ
    Labour had 9 years to impliment this little gem of a tax – didnt have the guts to do it under the master politician Helen Clark …hmm wonder why.

    “Tax cuts for rich prick mates” – Rich pricks pay the vast majority of the tax in this and other developed countries. Rich pricks used to be poorer pricks and usually got rich taking risks with their own capital like mortgaging their own home to the hilt to fund a business….that eventually pays infinitely more tax over the lifetime of the proprietor or founder than if he/she stayed on even a high salary because their business will invariably generate a higher income to the owner than salary = more tax, GST on all the goods/services sold and consumed by the new business (that wouldn’t come to the Treasury had said entreprenuer stayed working for someone else). Then there’s the jobs rich prick gives others – new jobs not artificial jobs paid for by tax dollars and all the PAYE on those wages as opposed to benefits to the employees who might have been on the dole before rich prick hired them. One day rich prick decides to move to a country that is less hostile to wealth generation – the NZ Treasury is now denied all that combined company and PAYE tax and GST because said rich prick took his capital to a juristiction beyond the reach of the Labour Party and their high tax accolytes like Jack.

    Name one country that taxed its way to prosperity – there isn’t one and its no co-incidence that even the high tax super welfare states of Europe are cottoning on to how high taxes for years has stifled their entreprenuerial JOB CREATING sector and are cutting taxes and spending to generate more growth.

    Explain to us how newer higher taxes incentivises employers in NZ to hire more.

    Tell us how Labour could speed up the reconstruction of Chch any faster than the CERA allows for.

    Everyone in CHch knows how dysfunctional and paralysed ECAN had become – the removal of the board came after even Labour tried every tactic possible to get them to reform and see sense. New commissioners will be duly elected at the next local body elections. I didn’t see you bleating when Labour used the same powers to remove elected board members of DHBs that were misbehaving.

    How honest is Labour’s tax policy when they avoid publicly costing the promises using the same mechanism Treasury uses http://www.scribd.com/doc/60170689/Cost-of-Labour-s-Promises

    Rich pricks are the wealth generators of capitalist economies – their risk taking, innovation and entrepreneurship brings us cutting edge new inventions, jobs and from the money they make that might make them comfortably off comes the very tax revenue that funds roads, hospitals, nurses, schools and yes – beneficiaries. If you drive away rich pricks and their companies how do you replace the tax revenue they take with them? That’s right – Labour’s time honoured method – borrow and hope. You’re clueless mate as to how the REAL world operates.

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  17. MyNameIsJack (2,415 comments) says:

    And IV2, what’s Nactional’s plan beyond partial privatisation? What do they do when they’ve pissed that up against the wall buying pies for the Fat Controller? They can only sell them once.

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  18. James (1,338 comments) says:

    Nice hj….”The yellow peril are a coming! Quick… hide the farms and all the white Woman !”

    :-o

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  19. Inventory2 (10,337 comments) says:

    The Fat Controller? Brownlee’s not half the man (or pie-gouger) that Parekura is :-)

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  20. MyNameIsJack (2,415 comments) says:

    KIA, 250 words, all shite.

    Even Sam Morgan agrees it was wrong that he and his fellow TradeMe owners could get $700 million tax free. There’s a rich prick who DOES know how the real world works, not like your wet dream fantasies of markets that constantly need to be bailed out by the poor while the rich cunts pricks get on as if nothing happened.

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  21. kiwi in america (2,449 comments) says:

    Jack
    Its called debt reduction. If your household indebtedness is at such a level that you are paying thousands of dollars a month to service a higher than normal mortgage and you sell off a portion of your section to pay off your mortgage, the huge leap in discretionary income into the household not only makes it much easier to weather any new economic storm but gives the household vastly more options to spend and invest. National will be in surplus in 3 years thus relieving NZ tax payers of the burden of hundreds of millions of dollars in debt repayment enabling the government to improve many services to tax payers. Labour’s plan, when properly costed, has that burden carrying on for 10 years longer and that’s assuming their CGT raises the revenue they say it will which of course we know from all envy taxes levied anywhere in the world is never the case.

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  22. MyNameIsJack (2,415 comments) says:

    kiwi in america (1,293) Says:

    July 19th, 2011 at 7:14 pm
    Jack
    Its called debt reduction.

    Yep, and most of the debt is owed by the private sector, not the government, so what was your point again?

    Oh, you didn’t have one. That’s OK. Now we understand why your in Seppoland

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  23. Pete George (23,559 comments) says:

    Eddie has “debunked” Joyce at The Standard and you can almost see the tumbleweeds blowing down the blog, even they seem to have lost enthusiasm for yet another over the top attempt at rallying the troops.

    Sunday after the poll it was like a wake with no beer.

    I sorta feel sorry for them but they bring it on themselves – overhyping and supersized dissing, and unless you show allegiance to their bus of the day they make you feel as welcome as a vote at a communist election.

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  24. Pauleastbay (5,035 comments) says:

    MNIJ

    I didn’t see Sam feeling too guilty when he got the check.

    When you are worth 400 million you can be alturistic as buggery
    You , however are still a knob

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  25. kiwi in america (2,449 comments) says:

    Jack
    Yep typical of the left – no substantive answer – when called on the carpet on your largely fact free screed you run away. Answer the question – name one country that taxed its way to prosperity.

    You know that the Income Tax Act allows for any tax payer to make voluntary tax contributions over and above their legal obligation- I don’t recall Sam Morgan (or any of the altruistic ‘rich pricks’ you site) ever assuaging their guilt for not being subject to a CGT by paying the missing tax voluntarily. I wonder why.

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  26. kiwi in america (2,449 comments) says:

    Jack
    It comes as no surprise that you cant grasp the debt reduction ANALOGY. Run along to the Standard where your class envy demagogery will be applauded and where you can all gaze at each others navels and marvel at the brilliance of Labour’s slow leak strategy on the CGT that earned them the lowest poll rating on Colmar Brunton in 15 years.

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  27. Other_Andy (2,676 comments) says:

    @MNJ
    Are you for real?
    Sam Morgan IS a rich prick.
    1. After paying 15% he would still have several millions to play with, 15% is chicken shit for him.
    2. The generous bugger has already collected his millions, he doesn’t have to pay – we will.
    3. Why doesn’t he pay up now? What keeps him from being generous, handing another 15% to the IRD?
    He is a hypocrite and a Rich prick alright.

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  28. Other_Andy (2,676 comments) says:

    @MNJ
    Get a job.
    Get two jobs.
    Work overtime.
    Look after yourself, stop relying on others.
    Grow up!
    Your tax is theft.
    Stop stealing from other people.

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  29. MyNameIsJack (2,415 comments) says:

    Other_andy, I have a job.

    It pays me well enough that I don’t need to steal another’s income by having 2 jobs.

    Nor do I need to work overtime, I get my work done in around 4 or 5 hours each day.

    I look after myself, and count myself fortunate enough that I can also help to look after others.

    I have grown up.

    My tax is the price I pay to live in a civil society.

    Now fuck off and let the real Andy speak.

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  30. Paul Marsden (998 comments) says:

    “Rich pricks are the wealth generators of capitalist economies – their risk taking, innovation and entrepreneurship brings us cutting edge new inventions, jobs and from the money they make that might make them comfortably off comes the very tax revenue that funds roads, hospitals, nurses, schools and yes – beneficiaries. If you drive away rich pricks and their companies how do you replace the tax revenue they take with them? That’s right – Labour’s time honoured method – borrow and hope. You’re clueless mate as to how the REAL world operates”

    Exactly. Almost every race of people in NZ understands this concept….Except politicians and maori.

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  31. Inventory2 (10,337 comments) says:

    @ MNIJ – are you standing for the Alliance this year?

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  32. Other_Andy (2,676 comments) says:

    @MNJ
    My tax is the price I pay to live in a civil society.
    Now fuck off ……

    You’re not too bright are you?

    “I look after myself, and count myself fortunate enough that I can also help to look after others.”
    So why do you need my money? If you want to play Santa Claus do it with your own money, stop taking money from others.

    “My tax is the price I pay to live in a civil society.”
    You are a liar.
    You do not pay tax.
    Have a look, you take more from the system than you pay in tax.
    So you do not look after yourself.
    You live on other people’s money.
    You are full of it and a crook.

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  33. Luc Hansen (4,573 comments) says:

    krazykiwi (7,085) Says:
    July 19th, 2011 at 5:27 pm

    DPF – Does this post constitute an ad under the EFA?

    Good question.

    I have a feeling the Krazyiness on this blog will get even worse in the run up to the election.

    And look forward to many more dodgy tables and graphics spoonfed to DPF by his National Party paymasters.

    All the same, clever stuff from Peter Dunne and Whaleoil!

    I do wonder, though, about the wisdom of Whaleoli appearing on Citizen A as its resident Krazy…

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  34. James (1,338 comments) says:

    @MNJ
    My tax is the price I pay to live in a civil society.
    Now fuck off ……

    No…the existence of taxation is proof that you DON”T live in a civilised society…as such a society doesn’t believe in or support state theft of the citizens property.Now paying to fund the legitimate,rights protecting functions of the state is another matter entirely…and in a civilised society would not entail contribution at gunpoint.

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  35. Luc Hansen (4,573 comments) says:

    Other_Andy

    Do pay the government every time you use a road funded by the taxpayers?

    Have you refunded your schooling?

    Your kids schooling?

    If you send them to a private school (on the off-chance any real woman would actually bed you) do you refund to the government the subsidy it receives from the taxpayers?

    If you need radiology treatment for cancer will you pay the government the full cost (about two million for the machine, I understand)?

    Oh, do you refund what it costs to keep your home from being burgled, or catching the perpetrator if is it is?

    I could go on, but you’re not too stupid, ‘cos you can type, so you get my drift.

    Is your ideal the society where you only get what you pay for?

    How many soldiers to defend our fair shores can you afford?

    Do tell.

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  36. Pete George (23,559 comments) says:

    Just been thinking – perhaps more taxes would be good, the more you have the less chance of favoritism and avoidance.

    A wider variety of simple lower taxes?

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  37. Ford Anglia (23 comments) says:

    Luc – did you want Whale’s job on Citizen A?
    You are eminently qualified.

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  38. Nick K (1,243 comments) says:

    Why are you celebrating this quote from Peter Dunne? He was Minister of Revenue under Helen Clark’s government which maxxed the most taxes ever.

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  39. hj (6,996 comments) says:

    “Rich pricks are the wealth generators of capitalist economies – their risk taking, innovation and entrepreneurship brings us cutting edge new inventions, jobs and from the money they make that might make them comfortably off comes the very tax revenue that funds roads, hospitals, nurses, schools and yes – beneficiaries. ‘
    …..
    yeah (partly)right!
    How is it that – in a free market system, where people are supposed to be rewarded according to how much they provide to others – today’s biggest prizes go to those who provide so little? Mr. Jenkins and Mr. Blankfein do not add in any appreciable way to the world’s wealth. Instead, they merely move it around – from middle and lower class taxpayers to the super-rich…from householders to speculators…and, by loading up the world with debt, from the future to the present.

    The answer is to be found in the details of modern finance.
    http://www.safehaven.com/article/6790/the-highway-men

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  40. Luc Hansen (4,573 comments) says:

    Now to address my old ranting pro-imperialist mate, Kiwi in America (good job, they can have him, I say!):

    He said

    Explain to us how newer higher taxes incentivises employers in NZ to hire more.

    I don’t think anyone claims taxes incentivise people to make money. And they certainly can disincentivise people, as they did me when the top tax rate was 66%.

    But a top rate of 39% does not disincentivise the (mainly) psychopaths who inhabit the top echelons of our business community and the proof of that is the previous nine years under Labour.

    So it’s a matter of balance.

    If National truly got us into surplus over the next three years this country would be a wasteland, except for the gated, well-protected housing estates, but don’t worry, it won’t happen, unless JK gets bored with it all and lets Double Dipton have his head! We would probably get Hone as PM if that happened!

    So, and I know this is difficult for extremists like you, do try to keep a sense of perspective.

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  41. burt (8,269 comments) says:

    krazykiwi

    DPF – Does this post constitute an ad under the EFA? Just asking as I’d have thought Caleb’s suggestion would be classed as an ad

    I think the standard answer is any or all of the following;

    * It might be but the law is confusing so not sure.
    * Others are doing it too and it’s not fair to just target DPF.
    * The law has changed and how are the people who make and enact laws expected to keep up.
    * If it is and that creates trouble then a bit of retrospective validation under urgency will sort it.
    * So what if it is, we’ve always done it this way and we know more about the law than you!
    * The law is what we want it to say not what is written.

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  42. Luc Hansen (4,573 comments) says:

    Ford Anglia

    email Bomber!

    By the way, I spent much of my teenage years whizzing about in you. Very roomy backseat, as I remember :-)

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  43. Other_Andy (2,676 comments) says:

    @Luc

    “Do pay the government every time you use a road funded by the taxpayers?”

    I do. I pay my road tax, petrol tax and tolls.
    If I had to pay on a user pay basis I would be better off.

    “Have you refunded your schooling?”

    Sorry, the New Zealand state has not paid one cent for my schooling.

    “Your kids schooling?”

    As soon as my kids were born we put money aside for them for their schooling (Scholarship fund). If the New Zealand state did not insist taking more than 40% of my money every year I could save even more.

    “If you send them to a private school (on the off-chance any real woman would actually bed you) do you refund to the government the subsidy it receives from the taxpayers?”

    Did you know that the New Zealand state would be better off if I did send my kids to a private school? Private schools pay more to the state in GST than they receive funding from the government. On top off that they still tax parents that send their kids to a private school.

    “If you need radiology treatment for cancer will you pay the government the full cost (about two million for the machine, I understand)?”

    I don’t want to buy the thing, just use it.
    And yes, I will. I have health insurance.
    Pay for it myself.

    “Oh, do you refund what it costs to keep your home from being burgled, or catching the perpetrator if is it is?”
    Last time I was burgled the police did not show up until a week later.
    Don’t mind paying for the police though.

    “How many soldiers to defend our fair shores can you afford?”

    I don’t know, more than you?
    Don’t mind paying for that either Luc.

    And no, I do not mind paying taxes but as a taxpayer I should have the right to at least have a say in how it is spend.
    I don’t like people telling me what THEY want to spend MY money on.
    Especially not people who don’t contribute themselves.

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  44. Nick K (1,243 comments) says:

    Dear HJ

    I am pleased to advise that McDonald’s, that evil hamburger chain that shuffles money sideways and adds in no appreciable way to the world’s wealth, employs in excess of 1million people worldwide, and such number increases at an average of 4% every year as new restaurants open and existing ones expand.

    I realise your beloved watermelons want to close it down, and each to their own I guess.

    I trust you have replacement jobs for those 1million employees?

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  45. GMDI (70 comments) says:

    Speaking of failed campaigns by the left, its darkly humouress to see the effects of tax and spend to end recession being played out across Europe America and Aussie. Not that they’ll ever admit they did, or if caught lying at that too, that they were wrong. Other peoples economic well being is second to a lefties desire to gain power through state sponsored bribery.

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  46. trout (939 comments) says:

    Thankyou Other Andy for your comprehensive rebuttal. It seems that the closer we get to an election the left get more hysterical as they see their grip on power diminishing; arguments are reduced to the level of ad hominem and personal abuse. Their greatest disappointment must be blundering incompetence of the ‘gaggle of gays and unionists’ they put into parliament, and the loss of the the support of the great unwashed; ordinary hard working people have at last realized that there is no such thing as a free lunch. I would guess that left wing contributors to this blog are generally educated liberals who enjoy a comfortable, protected lifestyle; safe in their intellectual cocoon far removed from the reality of enterprise, business, and job creation.

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  47. slightlyrighty (2,475 comments) says:

    I pay taxes, gladly and willingly, while I contribute to society by being productive and adding to it, while raising 2 children that I hope will follow my example and do the same.

    I see others who exist on the taxpayers tit, not adding to society, not appreciating and taking the opportunities afforded by my tax contribution and others. Why should I and others stay quiet as we see more of the money that we earn pissed up against the wall by those who do nothing to earn it themselves.

    Where I work I see these people every day. We need to do more for them by helping them to do more for themselves, and not do everything for them.

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  48. Luc Hansen (4,573 comments) says:

    Other_Andy

    Thank you.

    You proved my point.

    You do agree with the principle of taxation, just object to each new impost, which, sadly, is as inevitable as the sun rising no matter what the government in power.

    And that’s being human.

    I bet you objected to the introduction of GST, too, and I can guarantee you one thing: if Labour did win and introduce a CGT, no future government would repeal it.

    Not even ACT.

    In fact, especially ACT!

    No matter what Cactus Kate says!

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  49. Other_Andy (2,676 comments) says:

    @Luc
    “‘In this world nothing can be said to be certain, except death and taxes.”
    Benjamin Franklin

    “I bet you objected to the introduction of GST, too”
    Yes I do.
    1. It is another tax.
    2. It is a confusing tax full of loopholes.
    3. It deters investment and growth (Is bad for the economy).
    4. People who have to pay this tax get nothing in return (It is a ‘redistribution tax’)

    “If Labour did win and introduce a CGT, no future government would repeal it.”
    The first thing would never happen (Not even in an alternate universe).
    But for the sake of the argument… If it would happen you are probably right.

    That is another reason why I do not want another tax. A soon as a politician (Any politician!) gets hold of a bigger share of your money they will never let go.

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  50. Other_Andy (2,676 comments) says:

    @Luc
    Sorry, the edit clock beat me…

    “‘In this world nothing can be said to be certain, except death and taxes.”
    Benjamin Franklin

    “I bet you objected to the introduction of GST, too”
    Yes I do for the same reason as I oppose CGT.
    1. It is another tax.
    2. It deters investment and growth (Is bad for the economy).
    3. People who have to pay this tax get nothing in return (It is a ‘redistribution tax’)

    “If Labour did win and introduce a CGT, no future government would repeal it.”
    The first thing would never happen (Not even in an alternate universe).
    But for the sake of the argument… If it would happen you are probably right.

    That is another reason why I do not want another tax. A soon as a politician (Any politician!) gets hold of a bigger share of your money they will never let go.

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  51. burt (8,269 comments) says:

    So what if the bus is illegal come election time. National can follow the proud lead of the Labour party. Say the AG changed the rules (the ref made a bad call). Just refuse to publicly acknowledge any written warnings from the electoral commission and if you can’t Deny, Delay, Denigrate your way out of it then just pass retrospective validations under urgency to bail yourself out. Then do it again next election and act stunned and surprised that the ref has changed the rules again.

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  52. Bobbie black (507 comments) says:

    Vote for change.

    As charismatic as John Key is and let’s face it he did well on Letterman and maybe even had an outside chance of doing Liz, (can’t wait to see the horror of surgery Shane Warne) and remember guys she is 46!

    Walk to a supermarket and see John Key’s name on every ten buck block of cheese and twenty buck pack of lamb.

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  53. James (1,338 comments) says:

    Luc’s existence just remind’s us of the natural fact that while the host doesn’t need the parasite…the parasite cannot exist without the host.

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  54. Elaycee (4,392 comments) says:

    Hahahahahahaaaaaaaaa – I love it.

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  55. DJP6-25 (1,387 comments) says:

    kiwi in america 7:02 pm I thought you knew better than to feed the trolls. They belong in fantasy books. Not on Kiwiblog :-)

    cheers

    David Prosser

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  56. Luc Hansen (4,573 comments) says:

    James, I’m on a Mission from God.

    I have to spread the word: it’s my calling.

    Are you calling Jesus a parasite?

    My child?

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  57. James (1,338 comments) says:

    Yes…along with being a deluded communist minded work of fiction.

    ;-)

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  58. kiwi in america (2,449 comments) says:

    Luc @8.37pm
    You rather made my point. Clearly there came a point when high tax rates were a disincentive to even a socialist class warfare warrior like you – the 66% under Muldoon being beyond the pale.

    When Labour introduced it’s rich prick tax in 1999 it did all the things that higher marginal rates do the world over – it spawned avoidance (via Trusts and companies) to the point that only half of the rich list ever paid it, it enriched tax advisors and it never raised the revenue Cullen said it would. The same outcome will occur with Labour’s rich prick tax Mark II but it will be worse because the trust and company rates are now lower at 28% and an 11% rate differential (versus only 6% before) will incentivise the “psycopaths” as you call them to work harder at avoidance and we’ll have the same outcome – far less revenue than planned for. Ditto the CGT – especially over the issue of the death of the last parent who has a property to bequeath to children who already have the only CGT exempt property – their own home. There are middle class Labour voters who own their own home and know that when Mum or Dad dies that they and their siblings were looking to sell their parents’ home and distribute the equity amongst the adult children to help reduce their own mortgages or supply a deposit for a first home buying sibling. When they find out that Labour’s CGT means their share of long time Labour voting Mum and Dad’s hard earned mortgage free home is reduced by 15%, how likely are they to support this tax despite all the ballyhoo about exemptions? You see class warriors introduce envy taxes because they hate the wealth creating class and want to sock it to them and forget that thesre envy taxes capture the aspirational middle class who aspire to be rich pricks. Some of them vote Labour due to social issues. Labour’s package drives the last remaining vestiges of the socially liberal but aspirational Labour voting middle class into National’s arms. Will Goff now be forced into an embarrassing about face and now exempt the sale of the homes of the recently deceased? That then opens up new avenues for avoidance thus further reducing the expected revenues and thus keeping the deficit higher for longer. The holes in this policy are opening up all over the place – National will drip feed examples of the peverse impact of Labour’s tax package all the way to the election keeping Goff and Cunliffe on the back foot constantly. Perhaps they should’ve listened to David Lange’s advice re CGTs.

    Finally I see you buy into the Labour spin that Key is a closet Ruth Richardson merely awaiting his 2nd term to let his inner right wing radical out to lay waste to NZ. Labour tried that spin in 2008 – didn’t work. Key governed as he said he would – much to the chagrin of some conservatives. They/you keep trying the same scare tactics and the result ….well check the latest Colmar Brunton poll!

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  59. Pete George (23,559 comments) says:

    Key governed as he said he would – much to the chagrin of some conservatives.

    And to the chagrin of the left, who desperately want some of their ridiculously out of touch accusations and scares come true. And they keep wondering why they keep turning off their own support.

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  60. Inventory2 (10,337 comments) says:

    @ KIA; you nail it in your last paragraph

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  61. kiwi in america (2,449 comments) says:

    I2
    Went to your blog for the 1st time today – excellent! Must visit more often.

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  62. Inventory2 (10,337 comments) says:

    Please do KIA; feel free to join the chat; I always enjoy your thoughtful contributions here.

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  63. Bogusnews (473 comments) says:

    KIA –

    Touche!

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  64. Murray (8,847 comments) says:

    “merely awaiting his 2nd term to let his inner right wing radical out ”

    Don’t tease me like that.

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