GST hike to 15%

[fuknKIWI]

So why would you want to go to NZ if you don't want to be ripped off.
The great GeSTapo tax that would never go beyond 10% went to 12.5% & now to 15%
If you're a tourist then every $1.00 you spend will cost you $1.15, you may get some relief if you're taking goods out of the country, have your paper work in order & can be bothered jumping through hoops like a trained dog to get the GST reimbursed.
If your a local you'll get an income tax reduction but will you be better off? HA
If the government really wanted you to be better off then they (the tax department ) would be worse off, as if that'll ever happen. NZ built on the backs of the masses.
Not saying Aussie doesn't have it's faults but at least we got (read need ) a good rugby coach.
NZ doesn't have (read need ) a good rugby coach. Or does it it?
But I digress that tax just plain sucks the big one.

I've said it before & I'll say it again;

NEW ZEALAND MY FAVORITE THIRD WORLD COUNTRY

[Bald Eagle]

Forgetting the nifty slight of hand that the tax cut / gst increase supposed off-set each other - well they do until you adjust for the inevitable inflation then the calculations show virtually everyone on less than 100k per year will be WORSE off after the tax cuts. bet jk and his mates are :rofl:

[p.dath]

I don't concur with you on several areas.

Yes, visitors to the country will be worse off. Although bringing money into NZ is usually attractive because of our dollar, so I don't see much of an issue their.

The IRD should be no worse or better off. The reduction in personal income tax is being offset by the increase in GST.

All the tax is trying to achieve is to change a culture. To stop people going "spend spend spend" and instead saving and investing some of that money. It is also hard to avoid paying GST in NZ, while it is attractive to shelter income through trusts and companies.
Shifting more to a simple consumption tax stops all that tax avoidance.

Personally, I'd be happy to go further. An even bigger rise in GST and pay even less income tax.

[dogsnbikes]

Forgetting the nifty slight of hand that the tax cut / gst increase supposed off-set each other - well they do until you adjust for the inevitable inflation then the calculations show virtually everyone on less than 100k per year will be WORSE off after the tax cuts. bet jk and his mates are :rofl:

You forgot about the increases that the ETS will have on things too in about 5 weeks

[Bald Eagle]

You forgot about the increases that the ETS will have on things too in about 5 weeks

Not to mention the additonal tax on tobacco for those of us who still have an addiction to this lawful , but non-pc product. Funny they don't tax alcohol so heavily, maybe it doesn't cause as much trouble eh ?

[dogsnbikes]

Agreed funny how one changes brands to save $4 on a 30 gram

and guess we wont have many tourist after 2020 anyway if they go ahead with there total smoking ban in NZ

[NinjaNanna]

My biggest concern with the tax changes are that business will use the therotical increase as an excuse to not provide CPI wage increases again this year. Two missed increases will ensure everybody (inc the well paid) are worse off than 2yrs ago.

Also the theoretical increase neglects to account for all the different ACC increases (and don't forget the cheeky bastards also put GST on ACC).

All that said, don't get me wrong, I'm very happy with the taxation changes and the culture shift they'll hopefully produce - just don't think I'm too easily fooled Mr English and Mr Key

[NinjaNanna]

I don't concur with you on several areas.

Yes, visitors to the country will be worse off. Although bringing money into NZ is usually attractive because of our dollar, so I don't see much of an issue their.

Also weren't we all whinging just a few months back that Tourists don't pay ACC - well guess what now they're paying more gst which equates to the same thing

(comment not aimed at you D.Path)

[firefighter]

Erm, I'm pretty sure Auz has a higher tax rate, so I would'nt sit too high up on that pedestal. There was a tax cut that went with it, and most tourist dollars that do come here are worth a lot more anyhow, so that's hardly an issue. If tourists will buy pounds and American dollars, they'll certainly have no issue with our currency.

Funny how so many Aussies came here and went skiing with that money the Aussie government gave out.......

I do'nt recall it being any easier to take goods out of Auz with a GST refund, but most people would get that from duty free anyway. I ca'nt say i'm sure as to what someone would possibly want to leave N.Z with that they would feel the need to claim back the GST? You want to know about tax on purchases go to the U.S, there you pay American Dollars, now that gets expensive.

You actually sound like an ex Kiwi that went to Auz and thinks he's travelled. Explore some more of the world before shooting your mouth off, you'll find that with a very small population, we actually are'nt doing too bad, and N.Z by comparison, can be a pretty damn cheap place to live.
My parents have just been through Europe (France, England, Italy etc) and are on their way home, they were based in France for over a year, and travelled, staying with plenty of family and friends, and they cannot get over the lower wages, and higher costs for everything, even when you do take into account the value of the dollar. (I know this will spark a lot of disagreement, but my parents are literally over there right now, and are heading home very soon)

[Jantar]

You forgot about the increases that the ETS will have on things too in about 5 weeks
That was already planned irrespective of any change in other tax rates.

[Morcs]

Lowering income tax and increasing GST only means that the not as well off are paying more.
As its all the business owners who put everything through their businesses to get GST back.
Normal cunts like us cant do this so end up paying more.

[firefighter]

Lowering income tax and increasing GST only means that the not as well off are paying more.
As its all the business owners who put everything through their businesses to get GST back.
Normal cunts like us cant do this so end up paying more.

That does depend on your spending though. If you do what they are trying to get you to do, save more and spend less, then you should be better off.

I wo'nt be, because I spend all my left over funds on the bike......but I can see the other side of it.

What will happen, is I will probably import more stuff as it will be even cheaper still, as long as it's less than $400 of-course.

[Bald Eagle]

Left over and money don't occur in the same sentence in my world.

[firefighter]

Left over and money don't occur in the same sentence in my world.

Lol, yeah I know that one........Let me be clear it's far from often.

However, you could take the fact I do'nt smoke and hardly ever drink (next to never at a pub) so that's where I find my money.......trust me I know what you mean!

[SPman]

If I'm a tourist, every $1 I spend is $1 - it's inclusive! Not like the USA, where the price is , say, $1 then they say.."plus X amount sales tax, that'll be $1.08 please" , or similar.

[Tank]

So why would you want to go to NZ if you don't want to be ripped off.

Yeah - because no other country has GST / VAT - well apart from:

Country Standard rate Reduced rate Abbr. Name
Austria 20% 12% or 10% USt. Umsatzsteuer
Belgium 21% 12%, 6% or 0% in some cases BTW
TVA
MWSt Belasting over de toegevoegde waarde
Taxe sur la Valeur Ajoutée
Mehrwertsteuer
Bulgaria 20% 0% or 7% ДДС Данък върху добавената стойност
Cyprus 15% 5% (8% for taxi and bus transportation) ΦΠΑ Φόρος Προστιθέμενης Αξίας
Czech Republic 20% 10% DPH Daň z přidané hodnoty
Denmark 25% none moms Merværdiafgift
Estonia 20% (as of July 1, 2009) 9% km käibemaks
Finland 22% (23% from 1 July 2010 on)[14] 12% or 8% ALV
Moms Arvonlisävero
Mervärdesskatt
France 19.6% 5.5% or 2.1% TVA Taxe sur la valeur ajoutée
Germany 19% 7% MwSt./USt. Mehrwertsteuer/Umsatzsteuer
Greece 21% (to be raised to 23%) 10% or 5%
(reduced by 30% to 15%, 7% and 4% on islands) ΦΠΑ Φόρος Προστιθέμενης Αξίας
Hungary 25% (as of July 1, 2009[15]) 5% ÁFA általános forgalmi adó
Ireland 21% (as of January 1, 2010)[16] 13.5%, 4.8% or 0% CBL
VAT Cáin Bhreisluacha (Irish)
Value Added Tax (English)
Italy 20% 10% or 4% IVA Imposta sul Valore Aggiunto
Latvia 21% 0% or 10% PVN Pievienotās vērtības nodoklis
Lithuania 21% (as of September 1, 2009) 9% or 5% PVM Pridėtinės vertės mokestis
Luxembourg 15% 12%, 9%, 6%, or 3% TVA Taxe sur la Valeur Ajoutée
Malta 18% 5% VAT Taxxa tal-Valur Miżjud
Netherlands 19% 6% or 0% BTW Belasting over de toegevoegde waarde
Poland 22% 7%, 3% or 0% PTU/VAT Podatek od towarów i usług
Portugal 20% (21% from 1 July 2010 on) 12% or 5% (13% or 6% from 1 July 2010 on) IVA Imposto sobre o Valor Acrescentado
Madeira and Azores 15% 8% or 4% IVA Imposto sobre o Valor Acrescentado
Romania 19% 9% TVA Taxa pe valoarea adăugată
Slovakia 19% 10% DPH Daň z pridanej hodnoty
Slovenia 20% 8.5% DDV Davek na dodano vrednost
Spain 16% (18% from 1 July 2010 on)[17] 7% or 4% (8% or 4% from 1 July 2010 on)[18] IVA Impuesto sobre el Valor Añadido
Canary Islands 5% 0% or 2% IGIC Impuesto General Indirecto Canario
Sweden 25% 12% or 6% Moms Mervärdesskatt
United Kingdom 17.5% (Change Likely 2010/11) [19] 5% or 0% VAT Value Added Tax
[edit]Non-EU countries
Country Standard rate Reduced rate Local name
Albania 20% 0% TVSH = Tatimi mbi Vlerën e Shtuar
Azerbaijan 18% 10.5% or 0% ƏDV = Əlavə dəyər vergisi
Argentina 21% 10.5% or 0% IVA = Impuesto al Valor Agregado
Armenia 20% 0% AAH = Avelac’vaç aržek’i hark
ԱԱՀ = Ավելացված արժեքի հարկ
Australia 10% 0% GST = Goods and Services Tax
Belarus 20% ПДВ = Падатак на дададзеную вартасьць
Barbados 15% VAT = Value Added Tax
Bosnia and Herzegovina 17% 0% PDV = Porez na dodanu vrijednost
Brazil 12% + 25% + 5% 0% *IPI - 12% = Imposto sobre produtos industrializados (Tax over industrialized products) - Federal Tax
ICMS - 25% = Imposto sobre circulação e serviços (Tax over commercialization and services) - State Tax
ISS - 5% = Imposto sobre serviço de qualquer natureza (Tax over any service) - City tax

*IPI = Imposto sobre produtos industrializados (Tax over industrialized products) can reach 60% over imported products.
Bolivia 13% IVA = Impuesto al Valor Agregado
Canada 5% 4.5%2 GST = Goods and Services Tax, TPS = Taxe sur les produits et services; HST = Harmonized Sales Tax, TVH = Taxe de vente harmonisée
Chile 19% IVA = Impuesto al Valor Agregado
Colombia 16% IVA = Impuesto al Valor Agregado
People's Republic of China3 17% 6% or 3% 增值税 (pinyin:zēng zhí shuì)
Croatia 23% 10% or 0% PDV = Porez na dodanu vrijednost
Dominican Republic 16% 12% or 0% ITBIS = Impuesto sobre Transferencia de Bienes Industrializados y Servicios
Ecuador 12% IVA = Impuesto al Valor Agregado
Egypt 10% GST = Goods and Sales Tax (الضريبة على القيمة المضافة)
El Salvador 13% IVA = Impuesto al Valor Agregado
Fiji 12.5% 0% VAT = Value Added Tax
Georgia 18% 0% DGhG = Damatebuli Ghirebulebis gdasakhadi დღგ = დამატებული ღირებულების გადასახადი
Guatemala 12% IVA = Impuesto al Valor Agregado
Guyana[20] 16% 0% VAT = Value Added Tax
Iran 3% VAT = Value Added Tax (مالیات بر ارزش افزوده)
Iceland 25.5% 7%4 VSK, VASK = Virðisaukaskattur
India5 12.5% 4%, 1%, or 0% VAT = Valued Added Tax
Indonesia 10% 5% PPN = Pajak Pertambahan Nilai
Israel6 16%7 Ma'am = מס ערך מוסף
Japan 5% Consumption tax = 消費税
South Korea 10% VAT = 부가세(附加稅, Bugase) = 부가가치세(附加價値稅, Bugagachise)
Jersey8 3% 0% GST = Goods and Services Tax
Jordan 16% GST = Goods and Sales Tax
Kazakhstan 13% Қосымша салық құны
Kosovo 16% TVSH = Tatimi mbi Vlerën e Shtuar
Lebanon 10% TVA = Taxe sur la valeur ajoutée
Morocco 20% GST = Goods and Sales Tax (الضريبة على القيمة المضافة)
Moldova 20% 8%, 5% or 0% TVA = Taxa pe Valoarea Adăugată
Macedonia 18% 5% ДДВ = Данок на Додадена Вредност, DDV = Danok na Dodadena Vrednost
Malaysia9 10% GST = Goods and Services Tax (Government Tax)
Mexico 16% 0% IVA = Impuesto al Valor Agregado
Montenegro 17% PDV = Porez na dodatu vrijednost
Mauritius 15% VAT = Value Added Tax
New Zealand 12.5% GST = Goods and Services Tax
Norway 25% 14% or 8% MVA = Merverdiavgift (bokmål)or meirverdiavgift (nynorsk) (informally moms)
Palestine 14.5% VAT = Value Added Tax
Pakistan 16% 1% or 0% GST = General Sales Tax
Panama 5% ITBMS = Impuesto de Transferencia de Bienes Muebles y Servicios
Paraguay 10% 5% IVA= Impuesto al Valor Agregado
Peru 19% IGV = Impuesto General a la Ventas
Philippines 12%10 RVAT = Reformed Value Added Tax, locally known as Karagdagang Buwis
Russia 18% 10% or 0% НДС = Налог на добавленную стоимость, NDS = Nalog na dobavlennuyu stoimost’
Serbia 18% 8% or 0% ПДВ = Порез на додату вредност, PDV = Porez na dodatu vrednost
Singapore 7% GST = Goods and Services Tax
South Africa 14% 0% VAT = Valued Added Tax
Sri Lanka 12%
Switzerland 7.6%
(8% from 2011 to 2017) 3.6% (hotel sector) and 2.4% (consumer goods)
Temporarily changing to 3.8% and 2.5% due to AI funding from 2011 to 2017. MWST = Mehrwertsteuer, TVA = Taxe sur la valeur ajoutée, IVA = Imposta sul valore aggiunto, TPV = Taglia sin la Plivalur
Taiwan 5%
Thailand 7% VAT = Value Added Tax, ภาษีมูลค่าเพิ่ม
Trinidad and Tobago 15%
Turkey 18% 8% or 1% KDV = Katma değer vergisi
Ukraine 20% 0% ПДВ = Податок на додану вартість, PDV = Podatok na dodanu vartist’.
Uruguay 22% 10% IVA = Impuesto al Valor Agregado
Uzbekistan 20 % НДС = Налог на добавленную стоимость
Vietnam 10% 5% or 0% GTGT = Giá Trị Gia Tăng
Venezuela 12% 11% IVA = Impuesto al Valor Agregado

[NZsarge]

The great GeSTapo tax that would never go beyond 10% went to 12.5% & now to 15%
If you're a tourist then every $1.00 you spend will cost you $1.15, you may get some relief if you're taking goods out of the country, have your paper work in order & can be bothered jumping through hoops like a trained dog to get the GST reimbursed.

At this rate the increase would be 15% but i'm pretty sure the increase is only 2.5%

[Quasievil]

I have no real issues with the Budget and its outcomes but THEY CAN STICK THAT FUCKING ETS RIGHT UP THEIR FUCKING ARSES!!

Ive posted alot on KB about this fucking scam, and have been on the end of the arguments from the loonie greenie plonkers who actually believe the ETS was going to save the world...........idiots!!!

Open your checkbooks suckers.

[Mully]

Why is this misguided rant being left in this section?

BTW, you can't get GST reimbursed when you leave the country, fuknKIWI.

[Lurch]

Yeah - because no other country has GST / VAT - well apart from....

As per Tanks quote we are far from the top of GST rates internationally.

http://en.wikipedia.org/wiki/Tax_rates_around_the_world

[Swoop]

I've said it before & I'll say it again;

NEW ZEALAND MY FAVORITE THIRD WORLD COUNTRY
Please mind your manners. We are a Banana Republic and aspire to being "third world" status.

But at least we are not Australia, eh?:shifty:

[firefighter]

If I'm a tourist, every $1 I spend is $1 - it's inclusive! Not like the USA, where the price is , say, $1 then they say.."plus X amount sales tax, that'll be $1.08 please" , or similar.

That really fucked me off about the U.S. Even more annoying is the fact that some shops have it inclusive, and some do'nt, and they can be right next door to each other.

[Max Preload]

BTW, you can't get GST reimbursed when you leave the country, fuknKIWI.

Correct-a-mundo. (http://tinyurl.com/2eenxro)

[rainman]

and guess we wont have many tourist after 2020 anyway if they go ahead with there total smoking ban in NZ

Won't be the smoking that does it, it'll be either the price of oil (air travel) or the continued global recession/depression.


Ive posted alot on KB about this fucking scam, and have been on the end of the arguments from the loonie greenie plonkers who actually believe the ETS was going to save the world...........idiots!!!

I am a loonie greenie (not so much a plonker, but YMMV) and certainly do not think that this ETS will save the world.

[Quasievil]

I am a loonie greenie (not so much a plonker, but YMMV) and certainly do not think that this ETS will save the world.

Good for you Bro, you would be one of the few then, whats YMMV mean?

[rainman]

Your Mileage May Vary

In other words, I think I'm not a plonker, you may disagree!

[Quasievil]

Your Mileage May Vary

In other words, I think I'm not a plonker, you may disagree!

No certainly not, unless youre a politician then you are by default

[Blackflagged]

Top 4 biggest economys don`t seem to be on the sales tax list (Well Japan has 5%) so who are we following?

[davereid]

do not think that this ETS will save the world.

It won't save anything. Its only a few dollars per person, per week. It wont stop anyone using fossil fuels. And given that we apparently need to reduce or usage of fossil fuels AKA carbon by 10 - 3000% depending on who you believe, it a waste of time.

I sincerely believe that even with a $10 weekly rise in the price of electricity, the elderly and poor would still try and keep warm, and eat cooked food. They would still take the bus, or drive to work rather than walk.

To be really effective a carbon tax would have to stop this waste.

Id suggest $1 a kw/hr, and $10 a litre. The you would see some really serious carbon savings. At least from the elderly and poor.

[Quasievil]

It won't save anything. Its only a few dollars per person, per week. It wont stop anyone using fossil fuels. And given that we apparently need to reduce or usage of fossil fuels AKA carbon by 10 - 3000% depending on who you believe, it a waste of time.

I sincerely believe that even with a $10 weekly rise in the price of electricity, the elderly and poor would still try and keep warm, and eat cooked food. They would still take the bus, or drive to work rather than walk.

To be really effective a carbon tax would have to stop this waste.

Id suggest $1 a kw/hr, and $10 a litre. The you would see some really serious carbon savings. At least from the elderly and poor.

Really? I would suggest absolutely nothing until they can back up the B.S spin which has been rammed down our throats by the biggest con artists in history.

Since when has money fixed anything, let alone the environment ? besides the whole entire Carbon, ETS, global warming B.S is nothing to do with the environment and everything to do with money and you and me paying it.

Footnote, Im so tired of arguing this Im likely not to respond.

[Oscar]

Top 4 biggest economys don`t seem to be on the sales tax list (Well Japan has 5%) so who are we following?

There is absolutely nothing to be gained by comparing consumption taxes like GST if you don't look at income tax, duty, excise tax and the like plus access to Govt funded services like health - you're not looking at the full picture.

[Blackflagged]

No problem, so you think a higher consumption tax is the answer? What country should we aspire to be like in the Future.
I remember when GST came in we were going to be the Singapore of the south, and kick Ozzys arse.A lot believed that! Opposite has happened(As you say more to it than that, though) - Will it increase our savings rate?

[rustic101]

I am struggling to see why people are getting upset about GST increasing. Each individual controls how much GST they pay.

If you use expensive items you pay more, if you smoke (I do) you pay more, if you drive or ride lots you pay more.
Short answer is I do all of these things and I do it by choice, I can easily reduce the amount of GST by buying
cheap food, cloths, or making my own fuel.

People prices are always increasing. If its cheaper in Aus, buy a ticket and move. Become a tight arse or pay.

[Lurch]

No problem, so you think a higher consumption tax is the answer? What country should we aspire to be like in the Future.
I remember when GST came in we were going to be the Singapore of the south, and kick Ozzys arse.A lot believed that! Opposite has happened(As you say more to it than that, though) - Will it increase our savings rate?

Of course it never happened we aren't ruled by a king who has no problem with corporal punishment. The only problem with New Zealand's economy is the fact that "New Zealander's" live here.

[Oscar]

No problem, so you think a higher consumption tax is the answer? What country should we aspire to be like in the Future.
I remember when GST came in we were going to be the Singapore of the south, and kick Ozzys arse.A lot believed that! Opposite has happened(As you say more to it than that, though) - Will it increase our savings rate?

We are never going to beat Aussie - they dig their wealth out of the ground.

We can only play to our strengths and try and mitigate our weaknesses.

Our strength is that we are an inherently fair society and that we are politically, socially and economically one of the freest nations in the world.

One of our weaknesses is an inability to save/invest in our own economy. This budget appears to be an attempt to fix that problem (including our unhealthy obsession with property investment to the exclusion of other markets).

[fuknKIWI]

:yes: Quoting out of context:shutup:

Yeah but you know Kiwibiker.... many if not everyone make assumptions one time or another. Facts? Merely details getting in the way of a good winge and rant!

Yes it is a terrible tragedy.

[fuknKIWI]

You actually sound like an ex Kiwi that went to Auz and thinks he's travelled. Explore some more of the world before shooting your mouth off, you'll find that with a very small population, we actually are'nt doing too bad, and N.Z by comparison, can be a pretty damn cheap place to live.

Don't give up your day job you just don't crack it as a mindreader not a bad flame job though.:tugger:
As for the travelling I went through the Panama Canal 3 times possibly before you were born, there was no other way to England back then. Did USA, Europe Scandi early 80's Asia in the 90's & NZ 6 times in the last 20 years. Last time back in NZ I was shocked at the price of food.
You must be pretty fit though jumping to conclusions, flying off the handle & supple enough to put your foot in your mouth.:killingme
Don't forget that it was nearly put in the original legislation that GST would PERMANENTLY stay at 10%, of course they baulked at that 17.5% here we come...:nya:

[fuknKIWI]

Please mind your manners. We are a Banana Republic and aspire to being "third world" status.

But at least we are not Australia, eh?:shifty:

Wow it's warm enough to grow bananas in NZ...

[Oscar]

Don't give up your day job you just don't crack it as a mindreader not a bad flame job though.:tugger:
As for the travelling I went through the Panama Canal 3 times possibly before you were born, there was no other way to England back then. Did USA, Europe Scandi early 80's Asia in the 90's & NZ 6 times in the last 20 years. Last time back in NZ I was shocked at the price of food.
You must be pretty fit though jumping to conclusions, flying off the handle & supple enough to put your foot in your mouth.:killingme
Don't forget that it was nearly put in the original legislation that GST would PERMANENTLY stay at 10%, of course they baulked at that 17.5% here we come...:nya:

No other way to England?
When was this?
1890?

[Oscar]

Don't give up your day job you just don't crack it as a mindreader not a bad flame job though.:tugger:
As for the travelling I went through the Panama Canal 3 times possibly before you were born, there was no other way to England back then. Did USA, Europe Scandi early 80's Asia in the 90's & NZ 6 times in the last 20 years. Last time back in NZ I was shocked at the price of food.
You must be pretty fit though jumping to conclusions, flying off the handle & supple enough to put your foot in your mouth.:killingme
Don't forget that it was nearly put in the original legislation that GST would PERMANENTLY stay at 10%, of course they baulked at that 17.5% here we come...:nya:

I don't get your fixation with the rate of GST.
It's one part of the tax equation.

You also seem to forget that when GST was introduced:
* It replaced a range of sales tax with rates of between 10% & 60%. A whole bunch of consumer goods dropped in price during the eighties.
* Income tax was reformed at the same time. The previous five step system (with a top rate of 66%!) was replaced with a three tier one with rates of 15%, 30% & 48%.

So to properly compare the increase in GST since introduction, you would have to allow for the reduction of income tax rates (which are now lower than they were post GST).

[Hitcher]

I have no issues with making tourists to New Zealand pay 15% GST. It's possible for the fuckers to come and visit here and to not put a dollar into the New Zealand economy. "How does that work?" I hear you say?

Well, if they pay for an inclusive package to a tour operator in their country of origin, they pay in their local currency exclusive of GST. The only benefit New Zealand's tax system sees is from any out-of-pocket spending they do while here, like buying a coffee or a Moro Bar.

[firefighter]

Don't give up your day job you just don't crack it as a mindreader not a bad flame job though.:tugger:
As for the travelling I went through the Panama Canal 3 times possibly before you were born, there was no other way to England back then. Did USA, Europe Scandi early 80's Asia in the 90's & NZ 6 times in the last 20 years. Last time back in NZ I was shocked at the price of food.
You must be pretty fit though jumping to conclusions, flying off the handle & supple enough to put your foot in your mouth.:killingme
Don't forget that it was nearly put in the original legislation that GST would PERMANENTLY stay at 10%, of course they baulked at that 17.5% here we come...:nya:

That's the way mate, come here and start attacking people. Oh, and with all that need to prove yourself, i'm not sure who you are trying to convince. Can you piss really far too?

Unsure as to where I flew off the handle, i'd actually have to say you've completely described your own actions, starting at post No.1. I merely gave 10/100000th of the response you deserved. Your quite lucky that kiwis have the ability to laugh at themselves, and do'nt judge the worth of their country by a GST rise, and the state of it's rugby coach, or you'd have been kicked off the site at the start, how the fuck this has'nt ended up in P.D is beyond me.

[fuknKIWI]

That's the way mate, come here and start attacking people. Oh, and with all that need to prove yourself, i'm not sure who you are trying to convince. Can you piss really far too?

Unsure as to where I flew off the handle, i'd actually have to say you've completely described your own actions, starting at post No.1. I merely gave 10/100000th of the response you deserved. Your quite lucky that kiwis have the ability to laugh at themselves, and don't judge the worth of their country by a GST rise, and the state of it's rugby coach, or you'd have been kicked off the site at the start, how the fuck this has'nt ended up in P.D is beyond me.

Oh here the thread is, yep it has become a rant & rave, I thought it had been censored out of existance.
As I see it the first attack on a person came in post No 9, attributing YOUR thoughts to me, a bit arrogant eh bro? Just like you feel I need to prove myself, I don't not to you or anybody else. As Popeye said IYAM WOT IYAM So fucking what if I travelled within or outside of Australia.
You seem to contradict yourself there if YOU could laugh at yoursef you wouldn't be offended by the third world joke(toughen up princess), or was there something else offensive in the first post too?
The point of my first post was & is that NZ is being right royally screwed by it politicians/government. There are some valid arguments for & against a consumption tax and some of the less precious posters have actually addressed those issues intelligently., & raised some pertinant points. The actual raising of GST is a twice broken promise, enough to warrant a rant & a rave.
But hey go ahead & shoot the messenger.
If that's all it takes to get kicked out of a forum then Kiwibitcher has a well earned reputation, yep as always the few spoil it for the many.
DILLIGAFF

[Mudfart]

according to the ird/govt site quick new tax calc, i will save 24 dollars week. if i buy a new bike worth 20g, its gonna cost an extra 800-1000$. thats a lot of weeks saving my 24$ to get there! Nothing mentioned about the rapage to my wallet, when everything else i spend my money on, costs an extra 2.5% also.
One reason me and a lot of people get into bikes is to be frugal with travel expenses. i admit the initial outlay (mostly for weather and maintaintence costs) have been high, but the weather here in nth waikato is just plain annoying.
Ok i can ride in dense as fog, or noahs flood type rain, or arctic chills, but fark me, i think i'd rather be riding in the lovely sun of Oz.

[Jonno.]

according to the ird/govt site quick new tax calc, i will save 24 dollars week. if i buy a new bike worth 20g, its gonna cost an extra 800-1000$. thats a lot of weeks saving my 24$ to get there! Nothing mentioned about the rapage to my wallet, when everything else i spend my money on, costs an extra 2.5% also.
One reason me and a lot of people get into bikes is to be frugal with travel expenses. i admit the initial outlay (mostly for weather and maintaintence costs) have been high, but the weather here in nth waikato is just plain annoying.
Ok i can ride in dense as fog, or noahs flood type rain, or arctic chills, but fark me, i think i'd rather be riding in the lovely sun of Oz.

That's assuming prices rise 2.5 percent. The price won't necessarily go up 2.5 percent because there will be a loss of demand.

Also, you can afford a $20,000 bike and you're complaining?

Also, how did you get $800-$1000. That's more then 2.5% anyway.

[Jonno.]

Oh here the thread is, yep it has become a rant & rave, I thought it had been censored out of existance.
As I see it the first attack on a person came in post No 9, attributing YOUR thoughts to me, a bit arrogant eh bro? Just like you feel I need to prove myself, I don't not to you or anybody else. As Popeye said IYAM WOT IYAM So fucking what if I travelled within or outside of Australia.
You seem to contradict yourself there if YOU could laugh at yoursef you wouldn't be offended by the third world joke(toughen up princess), or was there something else offensive in the first post too?
The point of my first post was & is that NZ is being right royally screwed by it politicians/government. There are some valid arguments for & against a consumption tax and some of the less precious posters have actually addressed those issues intelligently., & raised some pertinant points. The actual raising of GST is a twice broken promise, enough to warrant a rant & a rave.
But hey go ahead & shoot the messenger.
If that's all it takes to get kicked out of a forum then Kiwibitcher has a well earned reputation, yep as always the few spoil it for the many.
DILLIGAFF

You're a fucking idiot.

[peasea]

You're a fucking idiot.

The village type or the international type?

[davereid]

according to the ird/govt site quick new tax calc, i will save 24 dollars week. if i buy a new bike worth 20g, its gonna cost an extra 800-1000$. thats a lot of weeks saving my 24$ to get there! Nothing mentioned about the rapage to my wallet, when everything else i spend my money on, costs an extra 2.5% also.
One reason me and a lot of people get into bikes is to be frugal with travel expenses. i admit the initial outlay (mostly for weather and maintaintence costs) have been high, but the weather here in nth waikato is just plain annoying.
Ok i can ride in dense as fog, or noahs flood type rain, or arctic chills, but fark me, i think i'd rather be riding in the lovely sun of Oz.

Without defending the increase in GST for a microsecond...

The idea is that if you have an income of X and you spend 100% of it, you will pay GST of Y. If your income tax decrease is Y, you have at worst broken even. If you use credit to buy a motorcycle that you don't have the money for, you will pay the GST on the day of purchase.. you will get your income tax back, as you earn it.

If you don't spend all your money, and you save it, you will be better off, as you will not have paid the income tax, although the government is assured of collecting its take should you ever decide to spend it...

If you are renting your house, or have a mortgage, you just became a winner... as you no longer pay (the same) income tax on what you earn.. nor do you pay GST on those items.

[Mudfart]

no, we have only just got into a position for both of us to work, and unfortunatelty despite being able to afford to pay a mortgage and some, the banks wont loan coz we dont have any parents alive to act as garantors. currently living in this area, saving the equivalent of a mortgage minus our current rent costs, we are looking at approx 8-12 yrs to save up the deposit. so i guess we just got hit below the belt, which had already been lowered after the last election and recession.
the bright side is they didn't hit me in the nuts, they got my foot.
fark it, im buying a new bike, second hand of course! screw brand new anymore. and im taking out the baffles/silencers.

[Jantar]

according to the ird/govt site quick new tax calc, i will save 24 dollars week. if i buy a new bike worth 20g, its gonna cost an extra 800-1000$. thats a lot of weeks saving my 24$ to get there! Nothing mentioned about the rapage to my wallet, when everything else i spend my money on, costs an extra 2.5% also.
One reason me and a lot of people get into bikes is to be frugal with travel expenses. i admit the initial outlay (mostly for weather and maintaintence costs) have been high, but the weather here in nth waikato is just plain annoying.
Ok i can ride in dense as fog, or noahs flood type rain, or arctic chills, but fark me, i think i'd rather be riding in the lovely sun of Oz. That $20K less GST is $17777 add on 15% GST and you get $20443. So that extra $443 due to GST will take you 18m weeks to pay for. I'm sure you're not going to buy a $20K bike every 18 weeks. So even with your large purchase you are still better off.

[fuknKIWI]

You're a fucking idiot.
A well thought & intelligent response (for you)

[Blackflagged]

We are never going to beat Aussie - they dig their wealth out of the ground.

We can only play to our strengths and try and mitigate our weaknesses.

Our strength is that we are an inherently fair society and that we are politically, socially and economically one of the freest nations in the world.

One of our weaknesses is an inability to save/invest in our own economy. This budget appears to be an attempt to fix that problem (including our unhealthy obsession with property investment to the exclusion of other markets).

Agree with you on the Housing.
Unfortunately re Property there not many alternatives in our Great but small economically free country.
Interest in the bank, compared to inflation this year, doubt you would be a big winner there.
Don`t know about gst encouraging savings. Didn`t happen when we went to 10% or 12.5%

[willytheekid]

Its the same all around the world...the rich stay rich, and the poor stay poor...its just the gap thats increasing.

[Oscar]

Agree with you on the Housing.
Unfortunately re Property there not many alternatives in our Great but small economically free country.
Interest in the bank, compared to inflation this year, doubt you would be a big winner there.
Don`t know about gst encouraging savings. Didn`t happen when we went to 10% or 12.5%

It's not the GST increase that is supposed to encourage savings, it's the tax cut that goes with it.

[mashman]

If you are renting your house, or have a mortgage, you just became a winner... as you no longer pay income tax on what you earn.. nor do you pay GST on those items.

Sorry, I had a blackout during the budget and missed quite a few things... serious question from a dumb arse :) how does that work? no income tax or GST on my mortgage payments?

[davereid]

Sorry, I had a blackout during the budget and missed quite a few things... serious question from a dumb arse :) how does that work? no income tax or GST on my mortgage payments?

Yeah, I didn't mean no income tax.. you just pay income tax at the new (lower) rate. But your mortgage repayments dont have GST charged on them. So although GST will go up, your mortgage repayments wont. (Well, not as a result of the GST anyway).

Same for domestic rentals. The landlord does not charge you GST, so an increase in GST will not change your rent.

Unfortunately for renters, the landlord will be putting the rent up anyway, as he can no longer claim depreciation on his appreciating assets he will seek to recover this from the tenant !

[Pixie]

Don't give up your day job you just don't crack it as a mindreader not a bad flame job though.:tugger:
As for the travelling I went through the Panama Canal 3 times possibly before you were born, there was no other way to England back then. Did USA, Europe Scandi early 80's Asia in the 90's & NZ 6 times in the last 20 years. Last time back in NZ I was shocked at the price of food.
You must be pretty fit though jumping to conclusions, flying off the handle & supple enough to put your foot in your mouth.:killingme
Don't forget that it was nearly put in the original legislation that GST would PERMANENTLY stay at 10%, of course they baulked at that 17.5% here we come...:nya:

Funny,Last year Australia's 9 Network flew to Auckland,bought the same trolley load of Aussie manufactured supermarket staples from an Aussie owned supermarket chain (Woolworths) as they did in Sydney and flew home.
It cost less,airfares included, than the Sydney groceries did.

[Pixie]

He's just pissed off that Aussie has GST now and Revin' Krudd will surely put it up in the future.:laugh:

[peasea]

Funny,Last year Australia's 9 Network flew to Auckland,bought the same trolley load of Aussie manufactured supermarket staples from an Aussie owned supermarket chain (Woolworths) as they did in Sydney and flew home.
It cost less,airfares included, than the Sydney groceries did.

And people are moving there in droves, why?:weird:

[firefighter]

You're a fucking idiot.

Yep, I ca'nt be bothered with rebutting the fool. It's like arguing with an illiterate five year old with a grammar deficiency, at least the five year old has a reason for it.

It's amazing with his child-like mentality he actually had the gall to have a go at you describing a lack of intelligence with your reply, I thought it was quite fitting and all it deserved.

[Mudfart]

That $20K less GST is $17777 add on 15% GST and you get $20443. So that extra $443 due to GST will take you 18m weeks to pay for. I'm sure you're not going to buy a $20K bike every 18 weeks. So even with your large purchase you are still better off.
no, i dont think they will recalculate sales purchase prices by minusing the original 12.5% gst. They will simply look at the current rrp, )say 20k), and add another 15%gst to it, mark my words. Not the extra 2.5% like they should.
I am the one who told my mates that when you saw lemons for sale in the supermarkets of NZ, it was an indicator the country was fucked.
I am the one who told my mates that now lemons are for sale in supermarkets of NZ, when we see feijoas for sale, the country is really fucked beyond recovery. Both are for sale in NZ supermarkets. Who the fuck doesnt either own or know someone with a lemon tree or a big assed mofo feijoa tree? Its part of being a NZ'er, having these two trees in your backyard. Our own culture is being raped from us by the greedy money grubbers who don't give a stuff about you or your family.

[Blackflagged]

Quote-"It's not the GST increase that is supposed to encourage savings, it's the tax cut that goes with it. "

Yep, but this has all been done before including tax cuts,this is not the first time they have been cut.Didn`t help Savings then. Don`t think your average New Zealander,will have much more in there pocket.Acc Electricity Rates, will all go up more than inflation, if you have do have more in your pocket thats good, but won`t be much..If they they will have more choose thats good.Will have a negative effect on some small retailers. I predict an increase in Price/dealer complaint threads on Kiwibiker already a growing trend. And more distupution from Australia. And a Plus for American online traders. And freight companys. But I guess big picture, all in all, right direction.

[Jantar]

no, i dont think they will recalculate sales purchase prices by minusing the original 12.5% gst. They will simply look at the current rrp, )say 20k), and add another 15%gst to it, mark my words. Not the extra 2.5% like they should.
So why didn't the same thing happen when GST went from 10% to 12.5%?


....Who the fuck doesnt either own or know someone with a lemon tree or a big assed mofo feijoa tree? Its part of being a NZ'er, having these two trees in your backyard. .....
Well, I'll put my hand up. Neither lemons nor feijoas grow in this part of New Zealand. So the only way we can get them is from the supermarket.

[Virago]

...I am the one who told my mates that now lemons are for sale in supermarkets of NZ, when we see feijoas for sale, the country is really fucked beyond recovery. Both are for sale in NZ supermarkets. Who the fuck doesnt either own or know someone with a lemon tree or a big assed mofo feijoa tree? Its part of being a NZ'er, having these two trees in your backyard. Our own culture is being raped from us by the greedy money grubbers who don't give a stuff about you or your family.


...Well, I'll put my hand up. Neither lemons nor feijoas grow in this part of New Zealand. So the only way we can get them is from the supermarket.

Same here. If anyone actually believes that the country is fucked beyond recovery simply because we're allowed to buy lemons and feijoas, they have serious mental issues...

[Pixie]

And people are moving there in droves, why?:weird:

Stupid is as stupid does

[Pixie]

no, i dont think they will recalculate sales purchase prices by minusing the original 12.5% gst. They will simply look at the current rrp, )say 20k), and add another 15%gst to it, mark my words. Not the extra 2.5% like they should.
I am the one who told my mates that when you saw lemons for sale in the supermarkets of NZ, it was an indicator the country was fucked.
I am the one who told my mates that now lemons are for sale in supermarkets of NZ, when we see feijoas for sale, the country is really fucked beyond recovery. Both are for sale in NZ supermarkets. Who the fuck doesnt either own or know someone with a lemon tree or a big assed mofo feijoa tree? Its part of being a NZ'er, having these two trees in your backyard. Our own culture is being raped from us by the greedy money grubbers who don't give a stuff about you or your family.

That is unacceptable to IRD.It would mean they claim back an erroneous sum in their GST return.

Plus,when a retailer sets a price point of ,say, $ 9.95 for a product they aren't going to change it to $10.13 are they?

As for the feijoas and lemons,perhaps the people that don't have their own trees ,prefer to sit on their arses smoking dope,watching TV collecting dole,than growing a tree.
Perhaps they are too stupid to grow a tree.

When you told your mates this, did they roll their eyes?:rolleyes:

[Mudfart]

nope but jump on the bandwagon anyway. In this part of nz everyone knows some one with these trees or has them themselves. it was a simple predictable observation or soothsaying. it didnt take a genius or a mental patient to see it coming.
but hey lets get personal.

[fuknKIWI]

Funny,Last year Australia's 9 Network flew to Auckland,bought the same trolley load of Aussie manufactured supermarket staples from an Aussie owned supermarket chain (Woolworths) as they did in Sydney and flew home.
It cost less,airfares included, than the Sydney groceries did.

Yeah right a bit of selective shopping from those newsbenders on 9

[fuknKIWI]

He's just pissed off that Aussie has GST now and Revin' Krudd will surely put it up in the future.:laugh:

Is that the best you can do?