Rich families rort the system -FFS!

**Supermac Jr** · 18th August 2009, 11:24

http://www.stuff.co.nz/dominion-post...es-rort-system

suppose if you have 10 kids (and working!!!) you might need some govt assistance. But this is just wrong!!!

This is greed at its best

**RantyDave** · 18th August 2009, 11:28

And how, exactly, do you think rich families become rich families? They work out how things work and exploit it. The fault lies with the idiots who put the incentives there in the first place.

Dave

**imdying** · 18th August 2009, 11:33

Pssssh, plenty of fat lazy bludging 'sickness' beneficiaries sucking the life out of hte benefit system, no reason why these peoples shouldn't have a suck at the teat too.

**MisterD** · 18th August 2009, 11:46

Well colour me surprised (not)...government creates a new set of rules and people work out how to play them to best advantage...

**firefighter** · 18th August 2009, 11:52

Originally Posted by imdying

Pssssh, plenty of fat lazy bludging 'sickness' beneficiaries sucking the life out of hte benefit system, no reason why these peoples shouldn't have a suck at the teat too.

Too fucken right. These same people are contributing to society and paying a shit load of fucken tax anyway, and probably always bloody have.

Just another fucken hippy fuckhead cuntlipped assface reporter having a dig at the well off to protect the bludging worthless fucks who should'nt even be allowed to vote. Why? Because they don't fucken pay for the priviledge.

**HenryDorsetCase** · 18th August 2009, 11:52

Originally Posted by MisterD

Well colour me surprised (not)...government creates a new set of rules and people work out how to play them to best advantage...

the incentive to do so is created by the distorted tax structure, in particular the 39% jealousy top tax rate. One of the few things I agree with Roger Douglas about is his advocacy of a flat income tax.

**Swoop** · 18th August 2009, 11:57

Originally Posted by Supermac Jr

suppose if you have 10 kids you might need some govt assistance.

Perhaps some contraceptives would be nice as well.

**StoneY** · 18th August 2009, 12:11

I pay 39% tax- my Wife pays 33%
We have no rental properties and do not claim any public funds assistance AT ALL (although have in the past back when on 20% tax levels)

Not all of us "jealous" tax bracketers go hunting for the bludge ya know, just the ones with fucking trust accounts and multiple investment properties etc

Have more than one house, and rent one out- get the fuck outta my godamn tax money- these cunts are as bad as dole bludgers and 1k a week dpb mums

Greedy pricks plan to make a property loss to justify ripping US off

Another sad fact- I got a payrise- it pushed my tax bracket up to the point I actually get LESS in the hand by about 5%- and I just carry on- what else can I do?
Roger has a good point on flat tax rates

**Jizah** · 18th August 2009, 12:17

Originally Posted by StoneY

Another sad fact- I got a payrise- it pushed my tax bracket up to the point I actually get LESS in the hand by about 5%- and I just carry on- what else can I do?
Roger has a good point on flat tax rates

I thought that only the income exceeding the previous tax bracket is actually taxed at the higher rate?

**Usarka** · 18th August 2009, 12:33

Why does it make a different if abusers of the "system" are rich or poor?

**Morcs** · 18th August 2009, 12:56

Well put it this way, what would you do:

You own a company. For arguments sake say your wage to yourself is $80k.

Youd be paying a total of $19,900 tax per annum.

Simple solution, stick your partner on the payroll, and pay each a salary of $40k.

Total tax then is: $14,420. Thats a saving of $5k...

I have no problem with practices like the above to reduce the amount of tax paid, but to use it to get money by fraudulant (sp?) causes, I strongly disagree with.

**Morcs** · 18th August 2009, 12:57

Originally Posted by Jizah

I thought that only the income exceeding the previous tax bracket is actually taxed at the higher rate?

Thats correct. If you earn 50k, only the 2k above 48k gets taxed in the higher bracket.

**imdying** · 18th August 2009, 13:01

Originally Posted by Jizah

I thought that only the income exceeding the previous tax bracket is actually taxed at the higher rate?

Yes, that poster is an idiot

**MotoGirl** · 18th August 2009, 13:23

I'm a Trustee or a beneficiary of four different Trusts so I probably have a different perspective to most of you.

From what I gathered from the article, nothing has been done fraudulently; the people concerned just structured their income in a way that benefits them. And what they have done is legal. It's just sound business acumen? Would you not take something if you were entitled to it?

If there's one common thread here in NZ, it's that poor people get given handouts for squat and anyone with money gets repeatedly raped up the arse. I think "good on them!" for getting some of their tax dollars back.