TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”
TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”
EXACTLY, what PeeJay also conveniently fails to mention is that the business has to have the capital base and cash flow in the first place to pay gst. Not an insignificant problem.....
I will say it again, if you purchase goods in New Zealand or ( for example a US citizen purchasing goods in his home country ) you pay tax on the goods. Why should you not pay tax on private imports bought off the net?
On the face of it there is an enormous amount stacked against NZ retailers.
Of course it bloody well matters if the store (storeman) is here rather than in LA ( apples for apples ) Id rather put money into a locals pocket where it will be circulated into the local NZ community. Rather than some Yank who actually doesnt give a damn about whether our economy sinks or swims.
Have so many of us become so callous about the plight of our own people?
I really hope the dollar stays high for my sake, but sympathise with the exporters at the same time. Doing business internationally is never an even playing field unless the currency is equal. Then we would "only" have to contend with freight and distribution costs. Okay it's not that simple, but NZ is always going to be at a disadvantage purely on economies of scale and the tyranny of distance.
Truth is the rest of the world doesn't need us for anything and it is only NZ's reputation, beauty and "niceness" that makes them want to trade with us. The Japs want to buy NZ for a golf course, golf is very expensive over there. The Chinese want to buy NZ as a holiday destination and build massive resorts all over it. The Germans actually like NZ and find they can make money here much easier than at home. That's as long as they play the game, a couple have found that cheating and playing hardball as in Germany can badly backfire in NZ. DAMHIK...
Australia secretly likes NZ and likes having us close by. Malaysia sees how few people live here and want to come here for refuge and the very high standard of living. Although the Philipino's aren't too impressed with our Public Health system, often travelling back home for medical treatment.
Most often heard comment from overseas visitors and immigrants is that NZ'rs don't know how well off they are and are too lazy and complacent to get off their backsides and work for a living.
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
Tis what Hayek said, all for the free market WITHOUT interference but with a basic safety net(s) in place.. the mess we are in is a mixture of Friedman and Keynes ( when they need votes ) add to that a dash of greed ( banks and US , you and me ) and well...it ain’t going to fly that’s for sure
but it is the mess we live in and wont change , so ,,,, adapt or perish and look after family first ...sort of thing
Stephen
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
No then, you are a liar, because if you did indeed have a business that exported and " a Side line" that imported, you would have a clue what you are talking about, because now you say that you cant claim the GST you pay to customs on imported vehicles (because its impossible, as it is a duty by another name), but YOU claim it back form the IRD "because they adminsiter GST, not customs".
Peejay, if you want to be taken seriously, don't make shit up.
You are demonstrating that you do not understand the costs of importing vehicles and parts as a business into New Zealand.
You clearly have no idea.![]()
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
That's as may be, I defer to your knowledge of the various flavours of economists, but I still believe as soon as you advocate interfering to bring balance or control to the market you are, in effect becoming a socialist.
Its just a matter of shade is all.
"There must be a one-to-one correspondence between left and right parentheses, with each left parenthesis to the left of its corresponding right parenthesis."
How does this work? I thought GST was "tax charged on goods consumed within NZ"? Or something along those lines.
A mate who's a parts manager for a multinational are forced to do this as well. They bring in containers of parts every 6 months to keep costs down and warehouse. Any other parts they air freight and past the cost onto the customer. And these are big machinery parts so the shipping is bloody decent.
If they find supply for the parts is crazy and they can fill another container, they'll ship in between the bi-monthly cycle.
You'd have to have bloody on to it systems to do accurate predictions though and a CRAP LOAD of past data.
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