Dear Mr English, I don't want a tax cut

[Tank]

"This would give someone on $50,000 an extra $20 a week in the hand but when the GST rise is included, it reduces to $6."

ooooo i can hear the till bells ringin now... Most of these rich folk don't need tax cuts BECAUSE THEY DON'T PAY ANY FUCKIN TAX... and the above quote from Donkey illustrates what the "masses" believe to be true... Get the fuckers out that are hoarding the money, because they spend most of it overseas because there's fuck all to buy here...

Sunshine - Im taking numbers far bigger than $50k/

[Tank]

.. Most of these rich folk don't need tax cuts BECAUSE THEY DON'T PAY ANY FUCKIN TAX....

Curious exactly what you refer to as Rich?

50k as mentioned above? 100k? 500k?

[mashman]

Sunshine - Im taking numbers far bigger than $50k/

Thanks for that Mr Moonlight - Aren't we all? But that's not the point. Others are which kinda shows who this budget is targeteed towards... but hey...

Curious exactly what you refer to as Rich?

50k as mentioned above? 100k? 500k?

Anyone that has enough money to make it ALL tax free...

[Tank]

Anyone that has enough money to make it ALL tax free...

In that case - you are talking VERY VERY VERY few people - like the number that you can count on a single hand.

It counts EVERY person that earns a wage - we all pay PAYE - so even the people on 5mil pay tax (and a lot of it).

You keep banging on like every person earning over 70k doesn't pay tax (being the figure that labour called 'rich pricks') - you are very wrong.

[Mully]

You keep banging on like every person earning over 70k doesn't pay tax (being the figure that labour called 'rich pricks') - you are very wrong.

Fuck, I wish. That would be awesome.

[T.W.R]

Dear Mr English,

Im smart and clever -
Im putting my tax cut towards a nice holiday in Samoan beach resort.

That'll be good putting money into the Samoan economy when the majority of the samoan population are here leeching of our economy already

[mashman]

In that case - you are talking VERY VERY VERY few people - like the number that you can count on a single hand.

It counts EVERY person that earns a wage - we all pay PAYE - so even the people on 5mil pay tax (and a lot of it).

You keep banging on like every person earning over 70k doesn't pay tax (being the figure that labour called 'rich pricks') - you are very wrong.

You're thinking way too short term and that's an exceptionally naive view of the finance that it takes to evade taxation. I know of a few people that pay absolute minimal tax and I mean they somehow JUST scrape under the minimal tax bracket, yet they earn over 200k (and there are lots of people that earn that kinda cash here). They have depreciating assets, businesses that constantly run at a loss, wouldn't surprise me if there's an offshore account in there somewhere too... Add that up would ya. I'd reackon you're looking at hundreds of millions if not billions of dollars that aren't going to where they should be.

Taking the longer term view... these guys, that don't pay the FULL taxes that the rest of us pay, will eventually retire and their pension, superannuation here? will be serviced by those that do pay full taxes. Similar to ACC they will get their salaries paid at whatever levels are set when they no longer work (albeit not through injury)... They earned it? NO they didn't, they dodged as much tax as they possibly could (potentially all of it) and therefore are not due their superannuation in my eyes. Add to that the FACT that the upper tax threshold is 136k per year and there's already 64K of what should be taxed income not being taxed... Why not? I pay tax on my whole salary, as do the majority of the country... yet these guys don't and still receive the full superannuation that they are "entitled" to... If i'm wrong, make mine a humble pie...

Example: A banker in the UK was dismissed for losing 24 billion pounds... yet he will retire on 671,000 pounds per year... who pays for that? those who pay taxes... and I bet he isn't one of them...

That's your kids and mine paying for this... it's utter bullshit... you're either trolling or don't give a fuck.

[Smifffy]

Give me the $30, keep the $30. The cheap tramp that just dropped out of highschool is still going to expect the rest of us to pay to raise her 3 fatherless children. It's her entitlement.

Most schools would be a lot better resourced if it weren't for the offspring of those that would feel tempted by an open bathroom window.

The guy that is out of work and his case worker could both be helping to provide clean, well maintained roads for us to ride our motorcycles on. Or they might join the ranks of those in our defence forces, in case they are ever needed in times of war or crisis - Yes they can even do that part-time if it suits them better. They might even like to help out at the local community garden to assist producing food for the woman up the road, bringing up kids on her own. Maybe they could help out to make sure the walk to the bus stop is safe, for those places lucky enough to actually have bus stops. Maybe they could help out around the local high school with minor tasks. Perhaps they could do some of these things without shame and with a sense of dignity. There are actually a number of people that do these things, and are appreciated.

Perhaps they could sit around with their mates drinking and x-boxing until it gets dark enough to go out and roam the streets looking for open bathroom windows, or school walls to tag, or young women walking to the bus stop. After all society and the rich wanks making 50K, and losing a third of it in PAYE, and an eighth of what's left in GST, and $50 a week in rates has let them down.

[Swoop]

A clear example is Kiwibank, they charge similar to market rates but you still get a shit service.

ALSO..... they parasite on Postshop floorspace, staff and counters. That will save them a pretty penny.
What it does, however, is fuck off people who want to post a fucking letter or parcel. Piss off and do your banking at a real bank.

[Smifffy]

You're thinking way too short term and that's an exceptionally naive view of the finance that it takes to evade taxation. I know of a few people that pay absolute minimal tax and I mean they somehow JUST scrape under the minimal tax bracket, yet they earn over 200k (and there are lots of people that earn that kinda cash here). They have depreciating assets, businesses that constantly run at a loss, wouldn't surprise me if there's an offshore account in there somewhere too... Add that up would ya. I'd reackon you're looking at hundreds of millions if not billions of dollars that aren't going to where they should be.

Taking the longer term view... these guys, that don't pay the FULL taxes that the rest of us pay, will eventually retire and their pension, superannuation here? will be serviced by those that do pay full taxes. Similar to ACC they will get their salaries paid at whatever levels are set when they no longer work (albeit not through injury)... They earned it? NO they didn't, they dodged as much tax as they possibly could (potentially all of it) and therefore are not due their superannuation in my eyes. Add to that the FACT that the upper tax threshold is 136k per year and there's already 64K of what should be taxed income not being taxed... Why not? I pay tax on my whole salary, as do the majority of the country... yet these guys don't and still receive the full superannuation that they are "entitled" to... If i'm wrong, make mine a humble pie...

Example: A banker in the UK was dismissed for losing 24 billion pounds... yet he will retire on 671,000 pounds per year... who pays for that? those who pay taxes... and I bet he isn't one of them...

That's your kids and mine paying for this... it's utter bullshit... you're either trolling or don't give a fuck.

So then:

a. You are talking about tax dodging pricks on megabucks that are exploiting loopholes, not people working hard to try and make better than average wages and be able to retire comfortably after being told all through their high school years that there will be no pension for them when they retire. I agree - close the loopholes.

b. The banker in the UK, and his pension plan with his former employeer is relevant to the NZ tax take, and government funded pension plan exactly how?

[Mully]

ALSO..... they parasite on Postshop floorspace, staff and counters. That will save them a pretty penny.
What it does, however, is fuck off people who want to post a fucking letter or parcel. Piss off and do your banking at a real bank.

Oh shit. Someone's started Swoop off about Kiwibank again.

[p.dath]

How about you make voluntary donations to the IRD to provide everything that you want?

[aprilia_RS250]

You must know some really rich people given only 3% of NZers earn more than 200k, can you ask them to get in touch with me as I would love to know how I can I scrape of 170k of my salary and get under the min tax bracket??

[mashman]

So then:

a. You are talking about tax dodging pricks on megabucks that are exploiting loopholes, not people working hard to try and make better than average wages and be able to retire comfortably after being told all through their high school years that there will be no pension for them when they retire. I agree - close the loopholes.

b. The banker in the UK, and his pension plan with his former employeer is relevant to the NZ tax take, and government funded pension plan exactly how?

a. Pretty much yes.

b. Pensions are earnings related, not tax paid related to my limited knowledge? you have Kiwi Bankers here don't you? Bankers that will retire on potentially 1 million dollars a year...

[Mully]

You must know some really rich people given only 3% of NZers earn more than 200k, can you ask them to get in touch with me as I would love to know how I can I scrape of 170k of my salary and get under the min tax bracket??

There's a form. IIRC, it's called a "Rich Prick Form". Once you earn enough, they send you one and you tick the level of income tax you'd like to pay.