Wednesday, May 24, 2017

Confirmation

In this post, I had a whinge at Steven Muldoon Joyce (aka "Handout") and complained bitterly, ante budget, that the very people who do most of the work in this country are likely to kicked in the guts in tomorrow's budget.

Someone who is smarter than me said it better than I could in this morning's Dom Post:
But it is no myth that at least 40 per cent of households pay no net taxes – despite Keith Ng's Four tax myths that might pop up this year.

Properly accounting for the things Ng points to, like GST, education and healthcare, shows that about 60 per cent of households receive more in benefits and services than they contribute in taxesand that the system is heavily reliant on high earners.
We all know this, but it bears repeating.  In election year, the Labour/Green movement like to pretend those in the top 10% should pay even more, and those in the 60% referred to above should receive even more.

It's parties like National that are meant to correct this bullshit, yet they focus on keeping Labour out, instead of doing what's proper and right according to their principles.

And so people like me look at National sideways and with raw contempt, and we buy rental properties to minimise our tax, because National won't do it for us.  I mean hell, they minimise the tax of 60% of the population, so if you're not going to do it for me, I'll do it myself.

And then Labour decide that's terrible and introduce appalling tax policy to stop the "loophole".

And National party apparatchiks wonder why I give them the middle finger.

Well, it's because to out-socialise the quasi-socialists, the real socialists have to become even worse socialists.

1 comment:

Adolf Fiinkensein said...

Nick

On the matter of corporate welfare, I entirely agree with you.

Why don't you compile a list of every company Steven Joyce has backed with public money? Show the amount of financial benefit or loss gained by taxpayers from each one. If more than ten percent of them turned out to be losers he'd be fired if he was a banker.