So now we know...

[NighthawkNZ:Me]

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

Smoking more will get us out of the recession then... cool

[FJRider]

Smoking more will get us out of the recession then... cool

So those of you that don't smoke ... light up and help save us from recession ....

[Shadows]

Tell me I don't know anything, but....
it seems to me that possibly just possibly when Key/National made "promises" of tax cuts the extent of the financial recession was not fully known.

Being the financial expert that he is I think it would be almost an insult to presume that he wasn't expecting the recession to deepen. He would surely have seen the signs.

However, what he did not know was the extent to which the lying scumsucking wankers previously in charge had fucked up the country's finances - that only became apparent after the election and the books were opened to reveal the truth the pieces of shit had been keeping from us.

I was surprised we even got the first round of tax cuts after that.

[Genestho]

Being the financial expert that he is I think it would be almost an insult to presume that he wasn't expecting the recession to deepen. He would surely have seen the signs.
I agree, the writing was on the wall 3 years ago in the housing markets, in the US. Homeowners were fixing huge debt against 0.5% (I think?) and there was a wave of home owners coming off those fixed 5 year rates onto 5%. It was almost like watching dominoes go down.

However, what he did not know was the extent to which the lying scumsucking wankers previously in charge had fucked up the country's finances - that only became apparent after the election and the books were opened to reveal the truth the pieces of shit had been keeping from us.

I was surprised we even got the first round of tax cuts after that.

I agree, and, it would've been absolutely foolish to give out tax cuts under these circumstances. I'm not sure anyone could've really predicted the depth of this recession.

[Skyryder]

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.

Key specifically sold the tax cuts to the electorate as an economic package to stimulate the economy. Fact.

The Nats were claiming at the last election that the economy was in a mess. Fact This was stated in a number of occasions by Key in the TV debates. Fact.

So why in a recession would Key not want to use the measures (tax cuts) that he said would work in his election campaign?

And I need not remind that Tax cuts were the main election policy of the Nats. Oh and another fact is that Keys word means absolutly nothing.


Skyryder

[Shadows]

So why in a recession would Key not want to use the measures (tax cuts) that he said would work in his election campaign?

Because it wasn't clear until later that the previous government had almost bankrupted the country - at that point it became blatantly obvious that measures such as the full round of tax cuts were no longer affordable.

[Robert Taylor]

Key specifically sold the tax cuts to the electorate as an economic package to stimulate the economy. Fact.

The Nats were claiming at the last election that the economy was in a mess. Fact This was stated in a number of occasions by Key in the TV debates. Fact.

So why in a recession would Key not want to use the measures (tax cuts) that he said would work in his election campaign?

And I need not remind that Tax cuts were the main election policy of the Nats. Oh and another fact is that Keys word means absolutly nothing.


Skyryder

And the books were far worse than the Homosexual party let on, FACT.

Another fact, your opinion is heavily outnumbered and I suggest you burn your copies of ''The life and times of Chairman Mao'' and ''The golden years of the German Democratic Republic'' by Erich Honecker.

[Hitcher]

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

So instead we should have voted for the other lot who left the Government's accounts in tatters, deliberately misleading the New Zealand electorate about the ACC deficit or the true cost of the Kiwi Rail purchase, amongst other things?

It would have been more "dishonest" to give New Zealanders tax cuts than to man-up and make fiscally prudent decisions.

A stable Standard & Poor's AA+ rating is a magnificent outcome, all things considered.

[Cosmo]

So those of you that don't smoke ... light up and help save us from recession ....

What about drinking. Will drinking a lot more help us out of the recession.

[FJRider]

What about drinking. Will drinking a lot more help us out of the recession.

Not sure, shall we try it and see ...

[monkeymcbean]

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.

Well when Labour left the cupboards may have been empty, but the country was not left with huge overseas debts to pay. Remember the National days of Robert Muldoon and his 'think big' strategy. Borrowed huge amounts of money, to pump into huge industrial projects so the benefits would trickle down, didn't work. Oh god 'ground hog day'!! and its 2009 whats National doing, borrow borrow borrow.

[Hitcher]

its 2009 whats National doing, borrow borrow borrow.

I suggest you take some time to read The Budget more closely.

[monkeymcbean]

I suggest you take some time to read The Budget more closely.

Yes a hasty comment, and I will read it a little more throughly, but i do get worried when a Governments want to borrow lots of money.

[Skyryder]

And the books were far worse than the Homosexual party let on, FACT.

Another fact, your opinion is heavily outnumbered and I suggest you burn your copies of ''The life and times of Chairman Mao'' and ''The golden years of the German Democratic Republic'' by Erich Honecker.

So what has your implied statism got to do with Key reneging on his tax policy??



Skyryder

[MaxB]

I'm no Bill English fan (as previously disclosed I'd have Sir Roger in the chair any day)
[/SIZE]

I agree Sir Roger should be in the chair. I'll help you plug it in and throw the switch if you like.

He had his chance under Labour and completely fucked up. Roger fucken nomics. Never again.