The 2017 Election Thread

[Ocean1]

I will give you a clue the NZ taxation system is called income tax.
Higher earners spend less of their income on the basics of life so they have in essence more disposable income.
Its pretty simple that's why a flat tax is not a realistic option.
Unless of course you favour a flat gross income tax solely based on Gross earnings, After all if the cost of maintaining a business or the basics of life are irrelevant ....Thought not aye.

Yeah, Like I said:

I'm sure somewhere in your mind all that's not only perfectly reasonable but more of the same is eminently justifiable, you're a keen labour man after all.

[Ocean1]

Only Unions actually pay tax far more than Facebook and plenty of others do.

Really? How do total union tax payments compare with overall corporate tax contributions?

[husaberg]

Dude, labour's the party invented and funded by a few unions, it simply doesn't get more narrow minded than that.

Only Unions actually pay tax far more than Facebook and plenty of others do.

Really? How do total union tax payments compare with overall corporate tax contributions?

See there you go trying to twist what was said.
But out of interest
in 2010 Facebook in NZ paid 14K in income tax
in 2010 The Unite Union paid over 130k in income tax.

Yeah, Like I said:

Avoiding the question or could it be you are you not keen on a gross flat tax then....

[Ocean1]

See there you go trying to twist what was said.
But out of interest
in 2010 Facebook in NZ paid 14K in income tax
in 2010 The Unite Union paid over 130k in income tax.


Avoiding the question or could it be you are you not keen on a gross flat tax then....

Really? How do total union tax payments compare with overall corporate tax contributions?

[sidecar bob]

I will give you a clue the NZ taxation system is called income tax.
:

Or my all time favourite, provisional tax, or that spending tax, called GST, or that tax you pay when you get some shit that plebs wish they paid called fringe benefit tax, or a whole bunch of other taxes that you possibly haven't earned enough to have learned about.
33 cents in the dollar could hardly be called tax.

[husaberg]

Or my all time favourite, provisional tax, or that spending tax, called GST, or that tax you pay when you get some shit that plebs wish they paid called fringe benefit tax, or a whole bunch of other taxes that you possibly haven't earned enough to have learned about.
33 cents in the dollar could hardly be called tax.

As a farmer I think I ought to know a bit about tax.
Provisional tax is income tax thats just in advance.Or have you forgot you had a year off in your first year of business bob.
FBT is just that tax on Fringe benefits that are used or Given its no different than paying a bit of tax on what would otherwise be taxed as income
GST don't make me laugh, you pass that on and you claim back legitmate expenses and likely a few bike ones that were not as well.
Like everyone else you likely abused the depreciation on your stock and plant.
But lets see, how much did you have to pay in stamp duty and in livestock tax.

[Ocean1]

Or my all time favourite, provisional tax, or that spending tax, called GST, or that tax you pay when you get some shit that plebs wish they paid called fringe benefit tax, or a whole bunch of other taxes that you possibly haven't earned enough to have learned about.
33 cents in the dollar could hardly be called tax.

Face it mate, they're pretty much all wealth taxes by stealth.

Which is one way to get the money required to maintain the living standards everyone enjoys, it's what happens when you ask everyone to vote on what they want for lunch and who should pay for it.

The other way being to require that everyone contributes equally, or demonstrate why they're eligible for the charitable donations they expect from others.

[sidecar bob]

It's easier to understand taxation & be at peace with it if you think of it as a success fine.
The less the success, the lower the fine.

[Ocean1]

It's easier to understand taxation & be at peace with it if you think of it as a success fine.
The less the success, the lower the fine.

It's more accurate to call it a protection racket.

And the benefits and subsidies are rewards for failure? The more you fail the more you get rewarded?

[Voltaire]

It's more accurate to call it a protection racket.

And the benefits and subsidies are rewards for failure? The more you fail the more you get rewarded?

Any good examples?

[Ocean1]

Any good examples?

How does taxation for other than shared infrastructure differ from demanding money with menaces? That's what a protection racket is.

Start with "working for families", then troll through this lot: https://www.google.co.nz/search?ei=P....0.JYlcL5WjFI0

[Voltaire]

How does taxation for other than shared infrastructure differ from demanding money with menaces? That's what a protection racket is.

Start with "working for families", then troll through this lot: https://www.google.co.nz/search?ei=P....0.JYlcL5WjFI0

Does that include Pensions?

[Ocean1]

Does that include Pensions?

Well it's not on that list. But if you listen to either of the main parties they say NZ super isn't "fully funded", (meaning it comes from current tax revenue), in which case yes it does include pensions.

If you listen to the majority who've paid those taxes for their whole working life you tend to hear that they most certainly expected that some of their taxes go towards funding their pension.

Hard to avoid the conclusion that the money taxpayers expected to be invested towards their retirement was simply blown by successive vote buying sprees. Which is the main flaw with any system where voters don't have the protection offered by a written constitution: the many will always vote themselves money from the few.

[jasonu]

Or my all time favourite, provisional tax, or that spending tax, called GST, or that tax you pay when you get some shit that plebs wish they paid called fringe benefit tax, or a whole bunch of other taxes that you possibly haven't earned enough to have learned about.
33 cents in the dollar could hardly be called tax.

Apparently most of you are wanting to pay MORE tax.
https://www.nzherald.co.nz/nz/news/a...ectid=12048307

[Voltaire]

Well it's not on that list. But if you listen to either of the main parties they say NZ super isn't "fully funded", (meaning it comes from current tax revenue), in which case yes it does include pensions.

If you listen to the majority who've paid those taxes for their whole working life you tend to hear that they most certainly expected that some of their taxes go towards funding their pension.

Hard to avoid the conclusion that the money taxpayers expected to be invested towards their retirement was simply blown by successive vote buying sprees. Which is the main flaw with any system where voters don't have the protection offered by a written constitution: the many will always vote themselves money from the few.

Not sure if that would help.

On January 26, 2016, debt held by the public was $13.62 trillion or about 75% of the previous 12 months of GDP. Intragovernmental holdings stood at $5.34 trillion, giving a combined total gross national debt of $18.96 trillion or about 104% of the previous 12 months of GDP.

At what...15K a year for a Pension times 20 years...300K, people sure paid a lot of tax over their lifetime.

Plenty of money around for things like keeping the Chinese out of the Pacific " our backyard".