Thursday, July 29, 2010

Loki the trickster

Further to yesterday's post about the wage gap with Australia increasing further under National, here's a fine attempt to pull the wool over our eyes, from Gerry Brownlee:

After the tax cuts came through in October, the gap between after-tax earnings would shrink from $238 in 2008 and $247 in March this year to $227, he said.


It seems they have come up with a way to reduce the wage gap after all - transfer taxation from direct taxation via income tax to indirect taxation via GST and the ETS, then use only "after-tax earnings" for your comparison. Elegant sleight of hand to fiddle the figures - we're still paying as much tax relative to Aussies, but less of it's taken into account when comparing incomes.

12 comments:

Anonymous said...

exactly Milt, the Gnats are nothiing more than slighly more attractive versions of the last lot. They are a disgrace to capitalism!
But what is being missed here is that the current wages are a reflection of the policies of 5 years ago, whioch just so happens to be the same policies which shifted productivity to bereaucracy, and we all know that ultimately costs enterprise, as they waste money trying to meet new regulations rather than producing more goods or services to sell.
National need to stop kissing the arses of the panty waist liberals and start implementing policies which will improve productivity.

Anonymous said...

National need to stop kissing the arses of the panty waist liberals and start implementing policies which will improve productivity

Ruth showed how much could be done with just one budget

Now Cameron - in coalition with centerists - is planning on cutting 40% from every damn department

including cops
including teachers
including benefits

We can do it - and we MUST do it.

Roger knows, Rodney knows, hell even English knows but just doesn't have the guts

Anonymous said...

Well, if they didn't pay all these bureaucrats and bludgers, there wouldn't be a problem.

Psycho Milt said...

Ruth showed how much could be done with just one budget

Yes: a significant reduction in real wages, with accompanying increase in wage gap with Australia - ie, the exact opposite of what we're supposedly trying to achieve here. Do you even bother to read the posts, or just have a boilerplate bullshit template you work from?

The Veteran said...

Stupid comment Anonymous 7.55

So the fringe Actoid response is to call for a slash and burn approach ... cuts to Police, teachers and benefits.

Question ... does that include War Disablement Pensions?

The only "lack of guts" so quoted is on the part of those disaffected Actoids who, if supporting the coalition is so stomach wrenching, should piss of into the political netherland and found their own SuperAct Party.

Might even top Jim Anderton's Progressives in the polls every blue moon.

JC said...

"Yes: a significant reduction in real wages, with accompanying increase in wage gap with Australia"

Perhaps, but Ruth/Birch brought the net sovereign debt down from 50% to 20% (and reduced inflation to 1%) during a reasonably difficult decade.

That allowed Labour with its year on year surpluses in the next nine years, with which they made all those tax cuts...

JC

Anonymous said...

Milt and Veteran - sorry you just don't get it, and potentially you never will with your entitlitis and benefit mentality.

With government supping up over 40% of GDP it is no wonder that everyones wealth and ongoing productivity continue to reduce. The Government don't produce anything - they can only create an environment in which people and businesses can succeed.

Douglas followed on by Richardson set up NZ for 20 years of prosperity during trying times. That is why we recovered so fast from the Asian flu - but then you'd conveniently forget about things like that.

The last 9 years of poor Labour policy will have an ongoing impact on NZ's economy for at least the next 10 years unless we start making some changes now.

It has been proven the government can't subsidise agriculture and get good results. How can anyone in their right mind beleive the government subsidising anything, including families and students amongst others, can ever have a good outcome for the nation as a whole?

Paranormal

Anonymous said...

Stupid comment Anonymous 7.55

So the fringe Actoid response is to call for a slash and burn approach ... cuts to Police, teachers and benefits.


Christ you state educated communist CUNT.

Clearly you cannot read. This is not ACT's proposal for NZ -- this is the Tory/LibDem policy that is being enacted in the UK

40% cut to government spending between now and the end of the year. The entire fucking ministry of culture, the 400-Million pound per year film fund has just been abolished Every single bludger working their was thrown out into the gutter overnight!


Question ... does that include War Disablement Pensions?

The 40% cut will be applied to benefits. I guess they'll keep those but they will eliminate others, e.g. the dole and DBP!


no one has managed to make a coherent answer to the simple question: If the UK is cutting 40% (with a better dept-to-per-capita income ratio by far than NZ) then why aren't we doing at least as much?

Simple question. No answer.

Psycho Milt said...

Paranormal: It's a nice "just so" story, but pretty drastically undermined by Aus not bothering with Douglas and Richardson's approach, sticking with the big-govt model, and steadily increasing the pay gap over NZ.

Sinner: ah - boilerplate bullshit template it is then.

Anonymous said...

Australia essentially makes it's money from selling the backyard, something NZ could equally do, but tghis government doesn't have the gumption to take a stand on anything. One could argue that they are doing that very process by widening the base for 90d trial hiring of employees, but a much better result could be attained if they simply reversed the youth minimum wage legislation, which has made more youth unemployed and scrap heap bound than any other action performed by a governmment in the last 20+ years.
With Australia you also conveniently forget that the progressive restructuring of their economy went further than Rogernomics under Keating and Howard, but has since been clawed back a little under Krudd/Giltard, but the changes of Krudd are having to be paid for now, and so the Aussies are in same position that we will be in once 2013-5 comes around and the farmers start to get whacked with the bill, in our case the ETS, in Aussie's the mining industry, and big employers.
the current system is broken, as is evidenced by having to borrow $240-560BILLION EVERY WEEK!.
If we ain't gonna dig it out of the ground, or develop improved aqua/agri-culture productivity or indeed allow the market to develop to enable it to compete with the rest of the world, then who the hell is gonna pay the piper when he comes a calling to get his coin back?
What is not sustainable, is the ongoing assault by the IRD of the wealth generators and taxpayers in general.
Something has to give, and it can't be the 1.75m of us who pay the taxes that allow this largese and vote buying to continue. If it doesn't then pretty soon that 1.75m will be forced to take their skills elsewhere, to somewhere that may offer them at least some thanks for their hard earned.

The Veteran said...

Anonymous 2.41 ... your foul mouth invective does you and yours no credit. Clearly your own education is somewhat suspect as you don't even understand your own writings ... I quote

Now Cameron - in coalition with centerists - is planning on cutting 40% from every damn department

including cops
including teachers
including benefits

We can do it - and we MUST do it.

end quote

nuff said

But you haven't answered my question as to why those fringe Actoids who clearly despise the current coalition Government choose to stay with ACT rather than do the honourable thing and bugger off and set up there own. Lack of integrity comes readily to mind.

Anonymous said...

It is an interesting point, and an argument can be made that putting sufficient pressure on the current heirachy in ACT to push for a more natural ACT position aligned with that of the coalition to help overcome the 11 years of socialist claptrap & policies that are dragging the country into the 3rd world.