Government group wants GST at 17.5%

[Suntoucher]

Why ? I mean .. seriously ??? Why ???? What will that achieve ????

Would work for me, easier to save if you wish and I buy a lot overseas. Would be more money in my pocket in the end.

[Oscar]

Why ? I mean .. seriously ??? Why ???? What will that achieve ????

I'd rather pay a sales/consumption tax than an income tax.
It rewards saving.

[MisterD]

Why ? I mean .. seriously ??? Why ???? What will that achieve ????

Well the effect of the last tax cut and GST increase has apparently been to increase the amount of debt that people have paid down and increased savings...so more of the same presumably.

I'd be inclined to leave it a bit longer to get a real steer on the overall effect of that last change though.

VAT, the English equivalent of GST, is 20%.

Yeah, but it has only just gone there because G.Brown fucked the economy sooo comprehensively.

[mashman]

Bring it on - but with a reduction in income tax.

Has this round of income tax cuts, taxation/levy rises and GST rises, been tax neutral? JK was asked this question the other day and didn't respond. And now that we're an extra $50 million in the hole per week, i'm going for a BIG no, they haven't been tax neutral at all, but have been used to appeal to a minority view of what the "lazy bastards" should be doing... and if they refuse to play that game, then fuck 'em, tax them as hard as you can... brilliant attitude from the top...

NZ has been slashing costs left and right in an attempt to control govt spending and debt, increasing taxations across the board and putting those who didn't get anything out of the income tax cut in a position where they have taken not only a pay cut, but I would venture in many cases, have had to consider their career options to the point where they are willing to become another employment statistic, along with those who have been turfed out in the name of efficiency. Go get another job? What jobs?

What? Cry us a river? the elitist and, in my eyes, ignorant view of reality that you display in your posts, always brings a smile to my face and a warm glow to my heart. Tarring everyone with the, you're a lazy bastard if you've got no money, or you haven't made it, strikes me as exceptionally vane and naive... The contempt you show towards society and what you deem to be the lack lustre, under achieving performers and black marketeers shows you do not value anyone that doesn't fit your criteria for membership of the human race. Funny thing is, you probably need those people somewhere along your "food" chain. You are the me me me generation. The country that provided for you and you families from birth (you're silver spoon boys?) obviously taking a distant back seat on your list of priorities. Would you dump the chips on your shoulders and think about helping to get the country back onto its feet by paying more than your fair share in tax, allowing minimal pain to be felt by those who are struggling and would like to be where you are? I bet that's a resounding no too.

But I have been wrong in the past

[Oscar]

Has this round of income tax cuts, taxation/levy rises and GST rises, been tax neutral? JK was asked this question the other day and didn't respond. And now that we're an extra $50 million in the hole per week, i'm going for a BIG no, they haven't been tax neutral at all, but have been used to appeal to a minority view of what the "lazy bastards" should be doing... and if they refuse to play that game, then fuck 'em, tax them as hard as you can... brilliant attitude from the top...

Before dealing with the non sequiturs, argumentum ad hominem and downright rudeness of the rest of your post, how do you know that the last tax cut wasn't tax neutral? Perhaps, before you go off on your usual personal attacks, you should offer some modicum of proof?

Aside from that, why do you keep putting words in my mouth (posts)?
I have never called anyone a lazy bastard or showed contempt toward anyone but you, and then only when you had it coming (like now).

[PrincessBandit]

VAT, the English equivalent of GST, is 20%.

I reckon that's what they're ultimately after; they're just making it seem like "only a little increase" so that when they add the next "little increase" on before you know it it will be 20 fricken percent.

[mashman]

Before dealing with the non sequiturs, argumentum ad hominem and downright rudeness of the rest of your post, how do you know that the last tax cut wasn't tax neutral? Perhaps, before you go off on your usual personal attacks, you should offer some modicum of proof?

Aside from that, why do you keep putting words in my mouth (posts)?
I have never called anyone a lazy bastard or showed contempt toward anyone but you, and then only when you had it coming (like now).

That intro was all Greek to me...

pot kettle black! If you had read the post, instead of getting your knickers in a twist, you may have noticed the question mark at the end of the sentence... It was not a statement of fact. I then proceeded to post my opinion based on JK's response to a radio interview. The non hyperbole version being, if it had been tax neutral, imho, he would have crowed about it. He didn't, he deflected and moved on... hence my conclusion.

That's fair enough, I can see how you could take it that way... but I wasn't attempting to put words in your mouth, moreover pre-empting a mantra, for anyone else that may have been reading, that I hear all to often and read on internet forums in answer to questions over income tax cuts.

As for the contempt, perhaps I have you all wrong and read your posts in the same tone to which you address me, which I have no problem with massa . The language you should have dismissed as hyperbole, as per usual, yet you choose to take offence this time. I won't apologise for that. You had it coming , but again, that's just my opinion.

I'll not bother asking the final question again... and as I did with JK, i'll make my own mind up based on your silence.

[Oscar]

That intro was all Greek to me...

pot kettle black! If you had read the post, instead of getting your knickers in a twist, you may have noticed the question mark at the end of the sentence... It was not a statement of fact. I then proceeded to post my opinion based on JK's response to a radio interview. The non hyperbole version being, if it had been tax neutral, imho, he would have crowed about it. He didn't, he deflected and moved on... hence my conclusion.

That's fair enough, I can see how you could take it that way... but I wasn't attempting to put words in your mouth, moreover pre-empting a mantra, for anyone else that may have been reading, that I hear all to often and read on internet forums in answer to questions over income tax cuts.

As for the contempt, perhaps I have you all wrong and read your posts in the same tone to which you address me, which I have no problem with massa . The language you should have dismissed as hyperbole, as per usual, yet you choose to take offence this time. I won't apologise for that. You had it coming , but again, that's just my opinion.

I'll not bother asking the final question again... and as I did with JK, i'll make my own mind up based on your silence.

You are going down your usual nonsensical route of gibberish, innuendo and hyperbole and frankly it's boring.
I suggest you either double the dosage or half the dosage, whatever helps you cope with life.
Whatever you do, you just aren't worth the time.
Good night.

[DEVVIL]

I'd rather pay a sales/consumption tax than an income tax.
It rewards saving.

Its called GST after you're income tax so
The GST on you're rego is a tax on a tax on a tax
Who's next = We all are.....

[98tls]

Fuck raising GST,why dont they man up and simply lose the "working for familys" bludgefest and limit the dole to say 6 months,if you cant find a job in 6 months you never will so move somewhere where there is one.

[Oscar]

Fuck raising GST,why dont they man up and simply lose the "working for familys" bludgefest and limit the dole to say 6 months,if you cant find a job in 6 months you never will so move somewhere where there is one.

For God's sake, stop making sense man!

Mashman will call you names....

[mashman]

You are going down your usual nonsensical route of gibberish, innuendo and hyperbole and frankly it's boring.
I suggest you either double the dosage or half the dosage, whatever helps you cope with life.
Whatever you do, you just aren't worth the time.
Good night.

I'll up my doseage as you recommend... Good night, sleep well darlin...

[mashman]

Fuck raising GST,why dont they man up and simply lose the "working for familys" bludgefest and limit the dole to say 6 months,if you cant find a job in 6 months you never will so move somewhere where there is one.

Coz the PC folk won't let that happen I guess "insert sticks and stones of own choosing"... I'd like to see it gone too, kinda, as it's a rort for the other end of the bludging spectrum.

[Mully]

Raising GST won't happen in the short term - it's political suicide for any party to even suggest.

I wouldnt be surprised, if Labour ever get back in, to see a compulsory Super scheme like Australia's implemented though. It's not perfect, but A$1.2 Trillion (or whatver the value is, it's something enormous) is difficult to ignore.

Plus maybe a Gummint Guarantee for Kiwisaver funds too.

Kiwisaver is difficult to argue with though - chucking the $1040/year in the pot gets you a 300% return (400% in the first year). Course, we're in a position where we can have independant savings too.

[mashman]

Raising GST won't happen in the short term - it's political suicide for any party to even suggest.

I wouldnt be surprised, if Labour ever get back in, to see a compulsory Super scheme like Australia's implemented though. It's not perfect, but A$1.2 Trillion (or whatver the value is, it's something enormous) is difficult to ignore.

Plus maybe a Gummint Guarantee for Kiwisaver funds too.

Kiwisaver is difficult to argue with though - chucking the $1040/year in the pot gets you a 300% return (400% in the first year). Course, we're in a position where we can have independant savings too.

The news folk just said as much... Bill English confirming that they won;t put it up... whew...

I opted out of Kiwisaver, simply because I really couldn't afford it with putting one of the kids through Montessori etc... and figured it was better spent there...