Labour’s secret tax policy

The Herald reports:

Labour leader Jacinda Ardern has not ruled out introducing a capital gains tax if she leads the next Government.

Ardern has revealed it was her own “captain’s call” to not rule out introducing a capital gains tax on rental properties or second homes next term.

She made the comments while fielding questions during a special PM Job Interview with the Herald, facing a panel hosted by Heather du Plessis-Allan and featuring Audrey Young, Liam Dann and Toby Manhire.

Labour will wait to hear what a planned tax working group recommends on the matter, Ardern said – but waiting to act until after the 2020 election was too long.

So Jacinda is saying they will tell us after the election what their tax policy is!

They may or may not introduce a capital gains tax, a land tax, a wealth tax. If they get to form government they will take that as a licence to introduce any new tax they want. And you can be sure this won’t be a tax swap, where some taxes are lowered to compensate. This will be the greatest tax grab in recent history.

This parody account on Twitter has it right:

Yes Grant and Jacinda will appoint some mates to design us a new tax system and they’ll implement it, all before the next election. It might be a land tax. It might be a wealth tax. It might be a capital gains tax. The only certainity is you will be paying more taxes.

Family First charity decision should apply evenly to all lobby groups

Stuff reports:

Controversial group Family First has been stripped of its charitable status “because it does not advance exclusively charitable purposes”. 

But the group is not going down without a fight, saying it will argue the decision in the High Court. 

The decision by the Charities Registration Board was made public on Monday. It is the second time the board has tried to deregister the group. 

As I have said many times before I think far too many lobby groups have charitable status. I dont regard Family First as a charity, but neither do I regard Greenpeace as one. They are both primarily lobby groups. So while I agree with the decision on Family First I expect to see it also applied to Greenpeace and other lobby groups.

Nothing wrong with being a lobby group. But you should not expect charitable tax status for your work.

High speed rail to Tauranga for $20 million – yeah right

The Herald reports:

Labour leader Jacinda Ardern’s $20 million promise to link passenger rail services between Tauranga and Auckland has already hit a snag, with Port of Tauranga’s boss questioning its likelihood.

Ardern pledged the $20m to establish the first stage of the passenger service proposal – estimated to cost $10m.

If demand is there, Labour would look to invest in stages two and three of the plan, delivering services travelling up to 160km/h throughout the wider region.

The additional $10m would be invested over five years for operating costs.

Rail projects around the world are known to always cost way way more than their promoters claim. We’ve seen this in Australia and the UK. And high speed rail is especially expensive.  The Independent reported:

Britain’s new high-speed rail line will be the most expensive railway in the world with costs per mile expected to reach £403m, according to Government calculations. 

Note that is the cost per mile, not the cost for the whole line. And Labour claims it can do high speed from Auckland to Tauranga for $20 million!

2017 Ratepayers’ Report published

The Taxpayers’ Union has published a 2017 update of “Ratepayers’ Report” – local government league tables last published in 2014.  This year’s tables cover all territorial authorities (excluding Chatham Islands Council).

The league tables can be reordered so you can sort by council type and the various metrics.

Notable findings include:

  • Auckland Council is New Zealand’s second-most indebted local authority, with liabilities per residential ratepayer of $22,189. More than three times the national average, only Waitomo District Council has more debt per residential ratepayer ($24,600).

What that represents is $839 of everyone’s rates bill being used just to pay interest.

  • Auckland Council has the second highest ratio of staff to ratepayers of New Zealand’s unitary authorities, with one member of staff for every 69 ratepayers.
  • Auckland Council pays 15% of its staff a salary of over $100,000 per year. Of all of New Zealand’s city councils, metropolitan councils, and unitary authorities, only Palmerston North pays proportionally more of its staff a salary of over $100,000 (18%).
  • The highest average residential rates in New Zealand are in Western Bay of Plenty ($3,234 per year).
  • The lowest average residential rates in New Zealand is the Mackenzie District ($1,637 per year).

Data for the report was compiled by the Taxpayers’ Union, and was supplied to all councils for them to review prior to publication.  I know for Garrick Wright-McNaughton and the team who worked on the project, it’s been an enormous job. Thanks to those who generously join and donate to make it all possible.

Dunne retires

Peter Dunne announced yesterday he will not contest Ohariu and is retiring from politics.

Dunne has served in the executive if basically every Government from the 4th Labour Government on.

His record includes:

  • 4th Labour – Parliamentary Undersecretary and Minister of Regional Development
  • 5th National – Minister of Inland Revenue and Internal Affairs
  • 5th Labour – Minister of Revenue
  • 5th National – Minister of Inland Revenue and Internal Affairs

I doubt any other politician has served in four seperate Governments, including two Labour led and two Nationa led. And he has been a very competent Minister in all of them. Also as someone who often held the balance of power on various pieces of legislation, he played a straight bat. On a couple of issues important to the Internet industry, Dunne listened to the arguments and came down on the right side.

Obviously he was concerned he might not win Ohariu if he stood again. It will now be a straight contest between Brett Hudson and Greg O’Connor. In 2014 National got 50.4% of the party vote and Labour 23.5%. Of course O’Connor has been campaigning for some months while Hudson had been running a party vote only campaign.

Labour candidate threatens night market operators

The Herald reports:

A Labour Party candidate threatened to bring “negative media coverage” to the business owners of a night market after he failed to get free space and access for leader Jacinda Ardern.

He got the negative media coverage – but for Labour, not the night market operators.

Barry Kirker, Labour’s candidate for Pakuranga, had emailed the Auckland Night Market owners requesting a visit for Ardern to campaign at the Pakuranga night market on September 2.

But he was told there was a change in policy and that political parties this year were being charged between $300 and $500 this year for “exclusive” campaigning at the markets.

Kirker was told Ardern could not campaign on the date he wanted because the National Party had already booked a spot on the evening in question.

Oh my God, the night market has a booking system. How dare they expect the Labour Party to use a booking system.

The Labour candidate wrote an angry email in response saying: “You (sic) shameless attempt to profit off the elect reflects poorly on your organisation.

“There could be some negative media coverage coming your way about this.”

Does Kirker also think billboard owners should give parties free advertising space?

Market owner Paul de Jonge said he was shocked at the email and the “bully tactics” of the Labour candidate.

“This is a party that is wanting to charge royalties for water, but they expect things to be given to them free of charge,” de Jonge said.

“I feel the threat of negative media is just over the top, and is really a bully boy tactic.”

Just like David Parker threatening to double the water tax on farmers if they question him on it.

The decision to have “exclusive rights” for a single political party to campaign on any given night was because parties who campaigned at the night markets before the last election were “disruptive”, de Jonge said.

“They were chanting and shouting, sometimes against the other parties, and this really affected our stall holders and customers,” de Jonge said.

The cost to political parties, which is about double that of food stalls, includes a prime double spot with table and chairs, and all night access for party members to mingle with the market crowd.

Seems very reasonable.

600,000 more Kiwis to get cheaper GP visits

The Herald reports:

National has announced it will extend $18 doctor visits to an additional 600,000 lower income New Zealanders.

It will also expand access to the Community Services Card to another 350,000 New Zealanders who are on lower incomes and have high housing costs.

The announcement was made at Onslow Medical Centre in Johnsonville, Wellington, with Health Minister Dr Jonathan Coleman and Deputy Prime Minister Paula Bennett also in attendance.

About 1.4 million New Zealanders currently have the cost of visiting their GP capped at $18 through the “Very Low Cost Access” scheme.

 

Coleman said this will now be expanded by introducing $18 GP visits for all Community Service Card holders.

“This change means a family of three earning up to $60,000 per year will be able to access $18 GP visits, with children under 13 still able to go for free.

These are the sort of benefits you can get when you have a robust economy and good fiscal management that has got the books back into surplus. With surpluses you can deliver both tax relief and increased public services.

The contrast to this is the party that has never been able to show fiscal discipline in opposition and is already promising lots of new taxes.

Is Morgan trying to copy Obama?

The Herald reports:

A war of words has broken out after TOP leader Gareth Morgan said Labour leader Jacinda Ardern needed to show she was more than “lipstick on a pig”.

The comment, written during a Twitter spat over personality-politics-versus-policy, has drawn flak from all quarters – including his own supporters.

Answering a question on Labour’s change of fortunes since the latest leadership change, Morgan said Ardern should be required to show she was more than lipstick on a pig.

I would never advise a politician to use that line in reference to a female politician.

I would note though that Morgan is not the first to use that line. Obama used it in 2008 in reference to McCain/Palin. I suspect many of those decrying Morgan would have defended Obama for his use of it.

Taxcinda to strike again

Politik reports:

NZ First Leader Winston Peters is ready to throw a spanner into the works if Labour forms the Government and wants to introduce a capital gains tax.

The possibility that they might became more explicit over the weekend with two interviews with Phil Twyford and Grant Robertson in which both refused to rule out a capital gains tax — and Robertson went further suggesting the party’s position had changed with the recent leadership change.

Another new tax for Taxcinda. More new taxes than weeks she has been leader.

Now I’d support a comprehensive CGT if in return existing income and corporate taxes were cut to compensate. But don’t for a second think that Labour would do this. It will just be additional taxes on top of existing ones.

A farmer speaks out

David Clark (not the MP) wrote an excellent piece on Facebook that deserves a wide audience:

It really saddens me to hear and read to the hatred and vitriol that been brought into this election campaign and I am very concerned at the rift between urban and rural and the disconnection between food production and our population.

We live in a nation of low unemployment, a world standard low cost health system, a no-fault accident compensation scheme, social welfare and pension provisions. We have an extraordinary high degree of food security in this country.

I live in a district whose main town has virtually the lowest unemployment in New Zealand. We have a vibrant, multi-cultural community that offers a wide range of employment opportunities and a very high level of community facilities. This is much transformed town that come out of the ‘80’s with its tail firmly between its legs.

Ashburton is a town that has been transformed in the last 25 years; this is a town that has been transformed by the development of irrigation, both in arable and dairying land uses. This district grows over half of the world’s carrot and radish seeds along with a wide variety of other crops exported worldwide. We produce 8% of the National Dairy production.

I am an arable farmer using irrigation to grow seed crops that are exported worldwide and grain and vegetable crops for domestic food consumption as well as finishing lambs for NZ butchers and export.

We first put irrigation on in ’98 and then in 2011 installed pivots to achieve more efficient water use and lower leaching than the older irrigators we had originally operated, at a cost of well over $1 million. We did that voluntarily because it increased our production, reduced our water use and significantly reduced our environmental footprint, however we could only justify that expenditure because our business was bankable.

Our business proudly supports local firms for the provision of goods and services and like our fellow farmers, most of the gross income is spent in the local community and profit, if any is largely reinvested in our business via local firms.

We operate our tractors on GPS guidance, running at 20mm accuracy to reduce overlap, our fertiliser spreader is GPS controlled and records all applications to a geo-spacial map, our combine weighs every kg of crop and overlays that data onto a map so we can track inputs and outputs accurately here as a result of investment in technology. It is investment in this technology that is achieving improvements in our environmental footprint.

On Friday night I attended a public meeting to hear Labour Water Spokesperson David Parker present his proposal for a tax on irrigation water. His presentation was headed by “How did we get to this?” and showed a series of photos from around New Zealand of environmental degradation caused by agriculture. The photos showed practices that are unacceptable for sure, no argument about that, but a selective portrayal of the worst of the worst in my view.

At not one point did I hear any positive comment of the actions of the farming community in NZ. But interestingly none of the photos depicted anything in Mid Canterbury, had nothing to do with arable agriculture and only one shot of Coe’s Ford after three years of drought had any connection to irrigation. There was only one photo of a degraded urban waterway and that was one that Federated Farmers had provided to Mr Parker earlier in the day and challenged him to display.

The purpose of the meeting and continuation of his presentation was to explain the Labour Party’s intention to impose a tax on irrigation in NZ with the intent of using the money raised to repair environmental damage.

The missing part of this logic was that his slide show did not depict irrigation as the cause of the degradation and this is confirmed by a report by Irrigation NZ that shows there is no correlation between areas of high irrigation development and regions with poor water quality in NZ.

So why tax irrigation? And Irrigation predominately in Canterbury and Otago that are regions with good water quality?

I listened to the proposal and wondered why, if using a public resource for private profit was so villainous, why would a food producer using irrigation be taxed, but a soft drink company abstracting water from the Auckland Municipal supply be exempt? I heard the argument popular in Ashburton about export water bottlers, but if the bottling company pumped from their own well, they would be captured by this tax, however if the plant connected onto the local Council reticulated supply, their export activity would be water-tax free.

I sat in the meeting heard a whole lot of vitriol and bitterness extended towards the agricultural community and I reflected on the fact that it was August 18th and that night our monthly bills would be paid and a not insignificant sum would be transferred to local businesses, local businesses that the attendees relied on for either direct or indirect employment or for taxation to fund their social payments. The receipts from our production re-cycle many times through our local community, and I’m pleased about that.

I reflected on the reality that in the last ten years a qualified tradesman in Ashburton could pretty much name their charge out rate or hourly wage on the back of rapid development, both urban and rural, largely, virtually entirely, whether direct or indirect, on the back of the productivity achieved irrigation in the Ashburton District.

This is a town where professionals view their income earning potential as better than in large cities, a town that offers an unemployment rate equal to the lowest in the country. A town with a man-made lake providing a housing location and leisure facility for all; a lake that is packed on any summer’s afternoon.

We have a town with a new art gallery; and a new aquatic centre costing $35m. A fantastic complex on which the paint was hardly dry and some around the town were grizzling that it needed the addition of a Hydro Slide for the children.

I listened to the anti-farming vitriol, and heard how they believed that we were stealing water and the town folk saw no benefit. Every dollar we earn is re-cycled into our local community, the employment generated by our business, direct or indirectly is significantly higher than it was in 1994 when we moved to a dryland sheep farm running 2,000 ewes.

A theme, which seems to be propagated at present by the Left is that Water Quality is a Rural problem, and therefore of Agricultural origin.

I accept that farming has an environmental footprint; no doubt, I also accept that practices need to and will change. In my view, technology and regulation will go hand in hand to solve those problems. Interestingly the three key policies that David Parker said he would implement are already in place by way of the Canterbury Land and Water Plan and he congratulated the National Government appointed Commissioners at ECan on introducing a robust water management framework.

But I don’t think that is the end of the debate. We regularly swim with our children in the river that bounds our farm; in fact I would happily drink it. I, along with thousands of others enjoy recreation in Lake Hood which is fed by the Ashburton River. 

But the media and the Left would portray our rivers as dangerously polluted and degraded.

In comparison, I cannot swim in the Avon or Heathcote, nor the Christchurch Estuary which are subjected to storm water flows, overflows from the sewer network, seepage from broken sewers and heavy metals and petroleum contamination, which at times are several hundred times safe levels. Sure Christchurch has been devastated by the earthquakes, but the pollution of these urban waterways long pre-date the earthquake.

I would look forward to the day we can safely swim in the Avon adjacent to Oxford Terrace.

We hear much of the risks of the Ruataniwha Dam, but overlook the reality that the Hawke’s Bay’s two cities pump their sewerage out in the bay. Invercargill City is currently arguing in the Courts to renew its consent to discharge sewerage into four waterways including a lagoon.

In the Hutt Valley the sewerage system has contaminated an aquifer and will likely require the long term chlorination of the local water supply.

I grew up in South Auckland and enjoyed swimming at their most magnificent beaches during summer. The situation now is that one million cubic metres of sewerage and wastewater pours into the harbour every year regularly requiring the beaches to be closed to swimmers.

Two summers ago we stopped for lunch at a public picnic table looking out to Lion Rock at Piha. As our children walked across the mown grass their shoes turned green from the septic tank leachate oozing from the ground. Their shoes and the whole area stank; it sure didn’t do much for our appetite.

Yet the Left are silent on urban water quality issues, best not scare the voters with any suggestion they may need to fund the upgrade of their own effluent disposal system. It is far more politically expedient to poke the borax at farmers. We all have a footprint on this planet, and poor water quality has many causes and we are all responsible for the many solutions. Taxing only one group is not that solution.

Across New Zealand we are covering much of our elite food producing soils with the ongoing march of urban sprawl, permanently removing this land from production. Surely mankind cannot have more of a footprint that covering food producing soil with concrete.

In our world, we are challenged to produce food at the lowest price in the world. We do so by employing world leading technology to be some of the most efficient producers on the planet. Why would I say the cheapest in the world? Well, if we are not, the manufacturers and supermarkets will turn and import the ingredients quickity-split.

You see, as much as we talk about providence of supply and country of origin, animal welfare and environmental footprint, the brutal reality it that the vast bulk of consumers purchase the grocery item that the supermarket has a “special” tag attached to and couldn’t give two-toots as to where it came from or what standards it conformed to.

Our family has proudly farmed continuously in various parts of NZ for 140 years; I am but a caretaker and would hope that at least one of my children might take our family forward as food producers. It is in our very best interests to ensure that this property is in better condition for the next generation than when I began my stewardship.

I have listened to the hatred, I have read the posts on social media riping into farmers and it saddens me. This is a very nasty election campaign and I hope it is not a reflection on society as a whole.

It is a wet Sunday afternoon and I have stock to check on, best get my wet weather gear back on and get cracking.

A very sad post. Does anyone in Labour understand what it is like to be a farmer in this environment? David Parker obviously doesn’t.

10 new roads of national significance

Stuff reports:

The Manawatu Gorge is one of 10 major roading upgrades that form a new multibillion dollar vision announced by the National Party.

The party’s Roads of National Significance plan will invest $10.5 billion into roads across the country. …

The nine other roads included in the proposal were:

* Wellsford to Whangarei
* Auckland’s East-West link
* Cambridge to Tirau
* Piarere to the foot of the Kaimai Range
* Tauranga to Katikati
* Napier to Hastings
* Levin to Sanson
* The Christchurch Northern Motorway, and Christchurch to Ashburton.

Wellsford to Whangarei would especially be good in helping Northland’s economic development.

The roads all look good, but for me what is important is whether the benefit to cost ratio is positive for them.  The priority should go to the roads with the highest BCRs.

Labour’s art auctions

Stuff reports:

The Labour Party is hiding tens of thousands of dollars in donations behind over-inflated art auctions – and naming the artists as donors instead of the secret individuals handing over the big bucks.

The artists had no idea the party was naming them as the donors – they never saw a cent of the money. They say their works are auctioned off at well above market value to wealthy benefactors who want to keep their support for the party secret.

Labour says the practice complies with electoral rules. But one party operative described the practice as “whitewashing” – a way to keep big donations private at a time when corporate contributions to political parties were falling because of public scrutiny.

So who runs this whitewashing?

Wellington artist Karl Maughan provided Labour with two paintings for auction in the last year. He said he gave them to campaign staffer Barbara Ward, who works for Labour leader Jacinda Ardern.

No doubt she knows nothing about it, just like she knew nothing abotu what Chris Hipkins was doing.

“What’s the value of a painting?” the operative asked. “It’s hard to put a price on it, not like a car or an airfare or something that can easily be valued. But a painting can’t be valued, and that’s exactly how auctions are used to launder the money.”

This is the key. Let’s take another example. Say a car dealer donates a car to a political party for a fundraising auction. The car sells for $35,000. The car normally sells for $25,000 so it is treated as two donations – $25,000 from the car dealer and $10,000 from the buyer. That is fair.

But art is very very different. As each art work is unique establishing the market value of a painting is highly subjective. And in this case Labour is claiming very high market values, so that the contribution from the buyer falls below the $15,000 disclosure level.

At the last Labour art auction, they sold three works by Mt Eden artist Stanley Palmer, from a numbered series of 20 prints of the end of the road at Karamea, on the west coast of the South Island.

Palmer believed the $20,000 paid for the three was what they were worth – but admitted they would usually have sold for around $2400.

If they would normally have sold for $2,400 then the amount that should be disclosed is $17,600.

RIP Sir Colin Meads

Sir Colin Meads has died aged 81, after being diagnosed with pancreatic cancer last year.

Thoughts go to out his family and friends most of all. But he was arguably our most famous rugby player and his loss will be mourned by players around the world.

He played 133 matches for the All Blacks over 15 years in an era when there were fewer games every year. A true legend of the game.

No he shouldn’t be prosecuted

The Herald reports:

Police have decided not to take any action against a West Auckland pastor who said gay people should be shot “through their head the moment they kiss”.

Which is the right thing to do. Saying offensive things is not something the criminal law should concern itself with.

Robertson said he told police that he was not personally threatening to kill anyone.

“I’m not saying I’m going to go out and kill anyone, I’m just saying that’s what the law of the land should be. Obviously there would have to be a trial and all the rest of it,” he said.

It is a repugnant view. But so was the view of a former Labour MP that stoning gays is acceptable as it is in the Koran. And the view that apostates should be executed is equally repugnant.

Otago law school dean Professor Mark Henaghan said the case showed a need for a more general law against “hate speech” beyond the area of racial disharmony.

“To me it shows a gap in our law,” he said. “I think this is almost a poster case for why we should have [a law against] hate crime.”

This is exactly why we should not have such a law. Actions should be illegal, not speech except speech that directly incites violence.

What else David Parker said

Thanks to live tweeting, we have other extracts from what Labour MP David Parker said at the public meeting. They are:

  • DP doesn’t seem to accept water is a renewable resource unlike oil or gold
  • Lots of pictures of poor farming practices, none from Canterbury and none involving irrigation. None involving arable either
  • Don’t push us on the numbers or we will price it higher I take that as a direct threat
  • We will fund MFE to prosecute farmers
  • Farmers created the urban rural divide
  • Complimenting ECan commissioners they’ve done a bloody good job
  • Every single one of the pictures we are seeing here are from non irrigated land in the Hawkes bay. All practices  illegal in Canterbury

 

And yet another one

Every day almost it emerges there is another Australian MP who is a dual citizen. The list to date is:

  • Green Deputy Leader Scott Ludlam, NZ
  • Green Deputy Leader Larissa Walters, Canada
  • National Leader and Deputy PM Barnaby Joyce, NZ
  • National Senator and Minister Matt Carnavan, Italy
  • One Nation Senator Malcolm Roberts, UK
  • National Deputy Leader Fiona Nash, UK
  • Team Xenophon Leader Senator Nick Xenophon, UK

There are rumours of up to another four MPs who might be affected also. Almost all those affected are leaders or deputy leaders also!

They think this is a bad thing!

The Herald reports:

Thrupp’s in-depth study of national standards in six schools found that schools in poorer areas felt more forced to narrow their focus to lift their children up to national standards, whereas most children in richer areas were already achieving the standards so they could afford to keep spending time on other subjects.

A low-decile intermediate changed its timetable to give all students two hours of literacy and numeracy from 9am to 11am each day.

“It meant children could no longer be with specialist arts or technology teachers or doing physical education or other activities in the first block of each day,” Thrupp writes.

So Thrupp thinks it is a bad thing that a school has given more priority to literacy and numeracy over arts and PE!

I think that is a very good thing.

NZCER found that 63 per cent of teachers agree the standards have made them “focus particularly on students who are achieving ‘below’ or ‘well below'”.

So the struggling kids are being given more focus. And this is what Labour wants to scrap!

Nice to see you … to see you nice!

Armstrong says a vote for the Greens is a wasted vote for changing the Government

John Armstrong writes in the NZ Herald: (welcome back)

If Labour turns out to be the party which secures the largest share of the vote and New Zealand First has the numbers sufficient to provide Labour with a majority on confidence motions in the new Parliament, then Winston Peters’ choice of partner will effectively be no choice.

Winston will go with Labour if they can get 61 seats between them – I agree.

If Labour still needs the Greens on board, that could give Peters room to wriggle out of Labour’s grasp and reinstall a National-led Administration.

Yep. Very unlikely he will go with Labour if they are dependent on the Greens.

The upshot is that a vote for the Greens is now akin to a wasted vote for those who want a change of government.

That is the irony – the more votes the Greens take off Labour, the more likely it is NZ First would go with National not Labour.

Worse, it would be a completely wasted vote if the Greens fall below the 5 per cent threshold.

So voting Greens will help National either way!

Bannon goes

The Herald reports:

US President Donald Trump dismissed his embattled chief strategist Stephen K. Bannon, an architect of his 2016 general election victory, in a major White House shake-up that follows a week of racial unrest, according to multiple administration officials.

Trump had been under mounting pressure to dispense with Bannon, who many officials view as a political Svengali but who has drawn scorn as a leading internal force encouraging and amplifying the president’s most controversial nationalist impulses.

Sarah Huckabee Sanders, the White House press secretary, said in a Friday afternoon statement to reporters: “White House Chief of Staff John F. Kelly and Steve Bannon have mutually agreed today would be Steve’s last day. We are grateful for his service and wish him the best.”

I can’t recall an administration that has gone through so many senior staff in just nine months

David Parker threatens farmers

Meet your future Labour Government. When you criticize them, they threaten to double the tax on you. That is Labour MP David Parker being quoted.

This is what Labour means when it says it will consult with stakeholders on what the tax will be.