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Thread: The 2017 Election Thread

  1. #2536
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    NO NEW TAXES!

    https://www.stuff.co.nz/business/105...gnals-no-uturn

    Did anyone over six years old really fall for that?
    Go soothingly on the grease mud, as there lurks the skid demon

  2. #2537
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    Quote Originally Posted by Ocean1 View Post
    NO NEW TAXES!

    https://www.stuff.co.nz/business/105...gnals-no-uturn

    Did anyone over six years old really fall for that?
    Its shutting a loop hole
    Fot the record national avergaed 6 new taxs a year
    including raising GST which they promised they would not do.
    John Key “"National is not going to be raising GST. National wants to cut taxes, not raise taxes."”
    He added that if the Government was "doing a half-decent job" of expanding the economy, a rise in GST "wouldn't be happening, and that's not on our agenda".
    Mr English also pledged, in December 2008, not to raise GST. "We won't be doing that ... It is not our policy,"
    later
    But Mr Key denied ever pledging not to raise GST under any circumstances. "I never made that promise –
    http://www.stuff.co.nz/national/poli...-Keys-GST-plan
    here is the up to 2014 ones

    GST increase from 12.5% to 15%
    Increased taxes on KiwiSaver
    Compulsory student loan payment increase from 10% to 12%
    Increased tertiary fees
    The 2012 ‘Paperboy’ tax
    Civil Aviation Authority fees rise
    Additional fuel tax increase of 9 cents with annual CPI increases locked in for perpetuity
    Road User Charges increased
    New annual student loan fees introduced
    Massive unnecessary ACC levy increases
    Prescription fees increased by 66%
    New online company filing fees imposed on businesses
    Creeping expansion of the scope of Fringe Benefit Taxes - National tried to tax car parks and plain-clothes police uniforms
    Lowering of Working for Families abatement threshold and increasing the abatement rate, taking money out of the pockets of families
    Imposing a $900 Family Court fee

    National claimed they looked into doing it bad it was to complicated for them
    Aussie also have it and its backed by the IRD and Retail NZ.
    Spokesman Greg Harford said local retailers had long been at a disadvantage to overseas sellers.
    "This is the first time that a Revenue Minister has committed to fixing this issue, and we want to congratulate Mr Nash on his leadership.
    Its also followed te move in October to fix up Netflix
    [The so-called Netflix tax kicked in last October, requiring sellers such as Apple to charge GST on online purchases from New Zealand.
    It came after a review in 2015 found the Government was missing out on about $180 million a year by not collecting GST on online purchases, including $40m from shopping on iTunes, Netflix, Spotify and other online services.



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  3. #2538
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    Quote Originally Posted by Ocean1 View Post
    NO NEW TAXES!

    https://www.stuff.co.nz/business/105...gnals-no-uturn

    Did anyone over six years old really fall for that?
    Not too worried about a new tax or not, always just take those as they come based on the policy merits. This one is fucking stupid though, I'm all for imports being subject to GST, but expecting amazon to do it at their end? fucking dreaming.

  4. #2539
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    Quote Originally Posted by husaberg View Post
    Its shutting a loop hole
    It's a fucking joke. According to the article the reason they won't review it in spite of the disaster it's proven to be over the ditch is "but we've already spent the tax".

    If you're desperate to support New Zealand retailers you already have the option of paying six times the price. Level playing field be fucked.


    Quote Originally Posted by husaberg View Post
    Fot the record national ...
    Aaaannd straight into the anti-nat spittle act.

    Seriously, dude give it a rest, it does absolutely nothing to change the facts that this lot are fucking up a historically good economic run. You had a decade to bleat about how your pet bogymen supposedly fucked up, it's time to hold this lot accountable for their bullshit.
    Go soothingly on the grease mud, as there lurks the skid demon

  5. #2540
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    Quote Originally Posted by Graystone View Post
    Not too worried about a new tax or not, always just take those as they come based on the policy merits. This one is fucking stupid though, I'm all for imports being subject to GST, but expecting amazon to do it at their end? fucking dreaming.
    The Aussies were warned what would happen, even they're not big enough to throw their weight around to that extent. All of the big suppliers just turned off their au stores, what the fuck made labour think we'd be any different?

    And the whole narrative about making it so we should pay gst on such a small and slippery bit of the economy is just making for a "level playing field" is a bit like insisting everyone get a punch in the throat because that's what happens to some people. Sure, that's only fair.
    Go soothingly on the grease mud, as there lurks the skid demon

  6. #2541
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    Quote Originally Posted by Ocean1 View Post
    It's a fucking joke. According to the article the reason they won't review it in spite of the disaster it's proven to be over the ditch is "but we've already spent the tax".

    If you're desperate to support New Zealand retailers you already have the option of paying six times the price. Level playing field be fucked.

    Aaaannd straight into the anti-nat spittle act.

    Seriously, dude give it a rest, it does absolutely nothing to change the facts that this lot are fucking up a historically good economic run. You had a decade to bleat about how your pet bogymen supposedly fucked up, it's time to hold this lot accountable for their bullshit.
    The aussie law as only been in effect 1 month.
    As you know National wanted to do it but couldn't figure out how to.....
    Odd that you are not in favour considering that you are always banging on about local business.
    This was loophole closure was designed to have them compete on a even basis. Maybe the business angle you keep mentioning is just an excuse to bang on about how great national is.....
    Even when half the osh and compliance costs were brought into effect under your beloved nats. but not a peep out of you about that or the GST rise or all the new taxes they introduced....only now do you mooan about that stuff. But never any blame on the Nats....
    As for the historic good financial run why was it the nats had to borrow to the the hilt, did you not notice that the Debt was low as buggery when they came in? where is it now.
    Historic good economic run my asre. What a joke.



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  7. #2542
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    Quote Originally Posted by husaberg View Post
    The aussie law as only been in effect 1 month.
    As you know National wanted to do it but couldn't figure out how to.....
    Odd that you are not in favour considering that you are always banging on about local business.
    This was loophole closure was designed to have them compete on a even basis. Maybe the business angle you keep mentioning is just an excuse to bang on about how great national is.....
    Even when half the osh and compliance costs were brought into effect under your beloved nats. but not a peep out of you about that or the GST rise or all the new taxes they introduced....only now do you mooan about that stuff. But never any blame on the Nats....
    As for the historic good financial run why was it the nats had to borrow to the the hilt, did you not notice that the Debt was low as buggery when they came in? where is it now.
    Historic good economic run my asre. What a joke.
    Amazon and others will cease selling to NZ and you will be back to back orders that take 6 weeks and cost 5 times as much. Enjoy...

  8. #2543
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    Quote Originally Posted by husaberg View Post
    The aussie law as only been in effect 1 month.
    As you know National wanted to do it but couldn't figure out how to.....
    Odd that you are not in favour considering that you are always banging on about local business.
    This was loophole closure was designed to have them compete on a even basis. Maybe the business angle you keep mentioning is just an excuse to bang on about how great national is.....
    Even when half the osh and compliance costs were brought into effect under your beloved nats. but not a peep out of you about that or the GST rise or all the new taxes they introduced....only now do you mooan about that stuff. But never any blame on the Nats....
    As for the historic good financial run why was it the nats had to borrow to the the hilt, did you not notice that the Debt was low as buggery when they came in? where is it now.
    Historic good economic run my asre. What a joke.
    Aye, 'cause the GFC wasn't a thing at all. And most of the economists on the planet never pointed out, in detail how NZ performed better than every other OECD economy through that either.

    Seriously, are you, like 12? I get that you're desperate to believe labour > national, it's palpable. It's also simplistic drivel.

    I don't know how many times I've told you I don't support national, that I support what you would call libertarian policy, but every response from you is the same anti-nat rant.

    If you really supported labour general policy I assume you loved Muldoon's tenure? Haven't heard you singing any praises for his interventionist, anti free market policies? Haven't heard you deriding Lange and Douglas for their complete reversal of contemporary socialist ethos?

    When you grow up you'll hopefully be better equipped to comment on policy rather than launch into a completely irrelevant "my team is better" rant.

    Then maybe we can have a sensible discussion about how socialist ideology in economics leads to dramatic unintended consequences, costing more than it earns and wasting everyone's time.
    Go soothingly on the grease mud, as there lurks the skid demon

  9. #2544
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    Quote Originally Posted by Ocean1 View Post
    Aye, 'cause the GFC wasn't a thing at all. And most of the economists on the planet never pointed out, in detail how NZ performed better than every other OECD economy through that either.

    Seriously, are you, like 12? I get that you're desperate to believe labour > national, it's palpable. It's also simplistic drivel.

    I don't know how many times I've told you I don't support national, that I support what you would call libertarian policy, but every response from you is the same anti-nat rant.

    If you really supported labour general policy I assume you loved Muldoon's tenure? Haven't heard you singing any praises for his interventionist, anti free market policies? Haven't heard you deriding Lange and Douglas for their complete reversal of contemporary socialist ethos?

    When you grow up you'll hopefully be better equipped to comment on policy rather than launch into a completely irrelevant "my team is better" rant.

    Then maybe we can have a sensible discussion about how socialist ideology in economics leads to dramatic unintended consequences, costing more than it earns and wasting everyone's time.
    GFC but you said it was a period of unrivaled economic growth.
    As i said i only post in reply to your crap.
    You can say what you waht but it doesn't change the fact that you never complain about what national they do only what labour does. Which makes you the child.
    Doe you see me posting stuff about how crap national was that was not in reply to your posts
    Or how great Labour was that was not in reply to your posts.



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  10. #2545
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    Quote Originally Posted by jasonu View Post
    Amazon and others will cease selling to NZ and you will be back to back orders that take 6 weeks and cost 5 times as much. Enjoy...
    Exactly, noble intentions with near 0 chance of success. Kind of like their debt reduction 'policy' does anyone else wonder if the graph Husaberg posted was deliberately cut short to avoid showing what labor is doing to the national debt?

  11. #2546
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    Quote Originally Posted by Ocean1 View Post
    Seriously, are you, like 12?
    I think you're being too generous.

  12. #2547
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    Quote Originally Posted by Graystone View Post
    Exactly, noble intentions with near 0 chance of success. Kind of like their debt reduction 'policy' does anyone else wonder if the graph Husaberg posted was deliberately cut short to avoid showing what labor is doing to the national debt?
    its not cut short its from Stats NZ. The latest stats.
    If amazon doesn't sell to NZ anymore its no great loss. But seeing as they are setting up a Australian distribution base i don't see that happening do you.
    Nor would it be if Apple pulled out, as they haven't paid tax here for 10 years despite billions of dollars of revenue earned here.
    2017 revealed Apple paid no income tax to Inland Revenue over the past decade despite selling billions of dollars worth of iPhones and iPads to New Zealanders.
    While in AUstrialia they have paid at least some tax
    The latest statement shows Apple paid $10 million in income tax, it's understood that this was again paid to the Australian tax office.
    "They're operating completely legally: it's just that age-old distinction between legality and morality," she said at the time.
    The government is taking steps in response to big multi-nationals side-stepping tax in the local market.
    At the end of last year, The Taxation (Neutralising Base Erosion and Profit Shifting) Bill passed its first reading in Parliament.
    The new law would adopt a number of measures developed to stifle the ability of large global firms to use base erosion and profit shifting (BEPS) strategies to reduce their tax bill.
    It is part of a global push being championed by the Organisation for Economic Cooperation and Development (OECD). The OECD has estimated global losses through tax avoidance amount to US$240 billion (NZ$345b) a year.



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  13. #2548
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    Quote Originally Posted by husaberg View Post
    its not cut short its from Stats NZ. The latest stats.
    If amazon doesn't sell to NZ anymore its no grest loss.
    Nor would it be if Apple pulled out, as they haven't paid tax here for 10 years despite billions of dollars of revenue earned here.
    What year is it? What year does the graph go to?
    Isn't it? What about free market competition?

  14. #2549
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    Quote Originally Posted by Graystone View Post
    What year is it? What year does the graph go to?
    Isn't it? What about free market competition?
    Stats for a year are wait for it run at the end of the entire year, the graph contains the lasterst information it is the latest available information.
    https://tradingeconomics.com/new-zea...nt-debt-to-gdp
    Free market competition is that free market not on rule for apple and amazon and a different rules for other companies who compete with them.



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  15. #2550
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    Quote Originally Posted by husaberg View Post
    Stats for a year are wait for it run at the end of the entire year, the graph contains the lasterst information it is the latest available information.
    https://tradingeconomics.com/new-zea...nt-debt-to-gdp
    Free market competition is that free market not on rule for apple and amazon and a different rules for other companies who compete with them.
    Year, but it does seem like there could be something rather important that happened in the 2017 year when trying to compare red/vs blue performance on govt debt...
    Quit it with the rabid anti-national bullshit, I've already explained I agree with the intent of the policy to create a level playing field, but the implementation is beyond stupid and will instead impede basic free market competition. This concept of policy discussion seems like it is quite beyond you, perhaps it is soon time for you to grow embarrassed and put me on ignore again?

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