So now we know...

[Skyryder]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

Yep. True. Key was flogging off the tax cuts prior to the election as a means to 'stimulate' the economy now we are in a recession he bins the tax cuts and says that we can not afford them.

Just more lies from the smiling mouth.


Skyryder

[want-a-harley]

1, Tax cuts obviously means sweet fuck all, 10 bucks a week now, raising to 20 (if fully implemented) whoopdy-doo.

2, I don't think they should implement the next tax cuts because of the current economy, however they did harp on about it for like 3 years, so it's a bit of a pain as it was one of their main election "promises". Economies go in cycles and looking at the housing market it was overdue to burst, so there was always a possibility of not being able to implement them

3, You may say, well Labour should've given tax cuts earlier. Well if they had we'd be in even bigger shite now and even more in dept.

Think not putting into super and decreasing funding for R & D, will come back to bite us in the arse, but only time will tell.

Insulation subsidy is good seeing as NZ houses are fucking cold.

Would've liked to see something to help stimulate job growth.

[want-a-harley]

Thank god (or the National Party) for smokers eh?
That (close on 1 billion dollars in taxes each year) surely must help a wee bit?

How much of that goes straight into hospital care for them later in life?

[325rocket]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

you must be kidding???

Seen the papers lately? You might want to have a look, there’s some things going on with the economy you may be interested in ...

I voted for them and have to say im still pretty happy with all they have done.
Would you prefer Phil Goff hahahaha.

[shafty]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

Get a life;

I voted for him and would've been dissappointed if the tax cuts HAD gone ahead.

At least now we have a successful Business person managing our taxes and assets

[Devil]

It was an interesting budget. Clearly what he thought he could afford before seeing the mess he had been left with plus the global economic changes has meant that it just couldn't be done.

There is definitely egg on his face over this enforced U-Turn however it appears that mostly all have been suprisingly understanding.

I suspect the interest rate drop from 10% - 6% has been of most benefit. For those on fixed rates hopefully they will still get this non-John Key benefit before they haead back up to the unexplicably acceptable 10% rate.

I agree completely (and with Trudes). What a hospital pass.
People can moan all they like about not following through with a tax cut now, but it would have been completely irresponsible to do so.

[Skyryder]

Get a life;

I voted for him and would've been dissappointed if the tax cuts HAD gone ahead.

At least now we have a successful Business person managing our taxes and assets

So Key knows what he is doing?? Yes he does, he's fucking us all. and that 's those that voted him in. Perhaps you can explain the following where Key was promoting tax in October 2008 cuts to stimulate the economy and now that the economy needs stimulating.........no tax cuts.

Key presented the tax cuts as part of an economic recovery programme National has worked out to bring New Zealand through the international credit crisis.

From http://tvnz.co.nz/content/2186110

Source TVNZ News October 8 2008

And further to his lies to the NZ public
http://images.tvnz.co.nz/tvnz_images...licy_paper.pdf

See para 5 from above link.

In the short term, National’s tax package will give households confidence and some cash in their back pockets to keep the economy going and to pay down debt.

Key sold the tax cuts as a means of stimulating the economy now he has changed his mind to soften up the public for further asset sales on the grounds that private industry can make a better go than government. Max Bradford used a similar analogy and looked what that has cost the taxpayer



Skyryder

[Conquiztador]

I think it was a brave budget. There is a resession going on after all. A serious one!

- 20 hours free childcare for all 5 year olds. That is a tax cut for all families with 5 year old kids.
- Additional money in to education and increases in teacher wages. Better then any tax cuts.
- More police. 50% of them in to south Auckland.
- Keeping the Family Tax credit, the funding for child families and the benefit.
And there was money for hospitals, for roads etc.

And all this by not giving us $10 more per week and stalling the super fund until there is a surplus. Impressive! White mans magic if you ask me!

Perhaps we will see our country run like a business at last??

[Robert Taylor]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

1 ) The Labour ( Failure ) party were very ''economical with the truth'' re how actually bare the cupboard was.

2) We are in a recession and all of the stupid spending that Labour did in the last nine years has made the effect of that needlessly worse.

3) All of the stupid extra levies and stealth taxes that Labour applied in its 9 years really impacts on the cost of running businesses and therefore also the ability to employ. Tax the so called ''rich'' and it ends up costing the average man in the street.

4) These National guys have actually got guts, theyre not a pack of spineless tossers like ''that lot''

5) There are less homos in the National party.

Etcetera...............

I didnt vote for National because of the tax cut policy, Ive always voted for them because they have a better balanced philosophy and they dont attract morons like Ruth Dyson and Trevor Mallard into their fold.

[MisterD]

So Key knows what he is doing?? Yes he does, he's fucking us all. and that 's those that voted him in. Perhaps you can explain the following where Key was promoting tax in October 2008 cuts to stimulate the economy and now that the economy needs stimulating.........no tax cuts.

Mayhap you've not seen the data showing that per capita our stimulus is about #3 or so in global terms? I'm thankful that unlike my poor rellies in the UK or the suckers that wanted "change to believe in" in the US of A, I'm not going to be saddled with a share of some astrofuckingnomical debt.

I'm no Bill English fan (as previously disclosed I'd have Sir Roger in the chair any day), but I reckon he's made the best of the bad job that that fuckwit Cullen left him. Recognising that from a pragmatically political POV Sir Roger's medicine would just taste to bad to the coddled kiwi electorate, addicted as they are to Liabore's spend spend spendism.

[Robert Taylor]

Yep. True. Key was flogging off the tax cuts prior to the election as a means to 'stimulate' the economy now we are in a recession he bins the tax cuts and says that we can not afford them.

Just more lies from the smiling mouth.


Skyryder

Oh for gods sake, theres no money in the cupboard! Plain and simple. Lucky we havent got that cocky smart alec sawn off rooster Cullen in control of the purse strings anymore.

[MisterD]

1 ) The Labour ( Failure ) party were very ''economical with the truth'' re how actually bare the cupboard was.

Ha! Come on Robert, you know as well as I do that Cullen's last budget was an exercise in "scorched earth" to make this task as difficult as possible for Key and English...it's not like you to be so reticent,

[Robert Taylor]

Mayhap you've not seen the data showing that per capita our stimulus is about #3 or so in global terms? I'm thankful that unlike my poor rellies in the UK or the suckers that wanted "change to believe in" in the US of A, I'm not going to be saddled with a share of some astrofuckingnomical debt.

I'm no Bill English fan (as previously disclosed I'd have Sir Roger in the chair any day), but I reckon he's made the best of the bad job that that fuckwit Cullen left him. Recognising that from a pragmatically political POV Sir Roger's medicine would just taste to bad to the coddled kiwi electorate, addicted as they are to Liabore's spend spend spendism.

Yep, Englands in an even worse mess than Labour left it in in 1979. Now another incoming Tory administration ( hopefully sooner rather than later for our English cousins ) will have to repeat the amazing feat that Margaret Thatcher achieved, subsequently squandered by Gordon Botchup Brown.
Common denominator of ruin, Labour governments.

[Robert Taylor]

Ha! Come on Robert, you know as well as I do that Cullen's last budget was an exercise in "scorched earth" to make this task as difficult as possible for Key and English...it's not like you to be so reticent,

I think that may be painfully close to the truth. That lot should never ever have power again.

[piston broke]

So Key knows what he is doing?? Yes he does,

Skyryder

so, if we got a tax cut where do you want the cut's to reflect?

health,education etc.do you want those expendtures cut too?

oh,and those of you bitchin about smokers,do you realise that the smokers taxes pay way more in tax than they will ever use in healthcare.

smokers taxes damn near pay for most of nz's health services.

sadly i pay approx $+1.4k/yr,in tobacco tax.

yep stupid me but,it is what it is.i have been paying that for more than 20/yrs,so thats about $28.000 extra tax,and if i do get some shitty disease from it i will probably die pretty quick,so i doubt i will get the use of that $28k