Sick and tired of Cullen

[MSTRS:Me]

The way that ACC works for the self employed can be easily researched and although I agree that its not fair, its all there in black and white. If I was self employed, as I might have been had I completed my masters then I would have made sure I had my own insurance cover because of the problems with ACC. I feel for all those who have been treated less than fairly by ACC, but with any private venture it really pays to do your homework and not hope for the best.

But you don't seem to realise though, is that we self-employed still pay ACC levies regardless of whether we cover ourselves privately. What's fair about that?
Well covered in an older thread about ACC.

[cindymay]

Just because I'm bored........

28,000 New Zealanders emigrated to Australia last year.
If %70 were working NZ taxpayers at an average pay of $40K annual.

I estimate we have around 260 million dollars in paid taxes walking out the door to Australia, annually.

$260,000,000.00 - Why don't the government care???

The government doesn't care because the migration is mainly those who are not labour voters - how many beneficiaries leave for Australia?

But you don't seem to realise though, is that we self-employed still pay ACC levies regardless of whether we cover ourselves privately. What's fair about that?
Well covered in an older thread about ACC.

I pay heaps in ACC as a self employed person - when in NZ. I also carry insurance and don't rely on the State.

[enigma51]

Dont you guys love the new budget.
If your a family with 2 kids and earn $64000 a year then you will have an extra $46 EVERY week Wooo hooo

Go Labour

[Swoop]

It is an absolute joke. What is there to like.

[idleidolidyll]

A fraction of a small salary is always going to be small. Any idiot can see that. I find it morally reprehensible to tax people who are barely making enough to feed themselves and then giving them back some of it to buy votes.

So ya want it both ways? you want lower taxes but you complain when they deliver.

The lowest salaries should simply be tax free and people should not have to ask auntie Helen for part of THEIR money back.

the lowest incomes ARE tax free...............except for GST and that's a crime.

i'm happy to give them my tax cuts.

[Marmoot]

Dont you guys love the new budget.
If your a family with 2 kids and earn $64000 a year then you will have an extra $46 EVERY week Wooo hooo

Go Labour

All I can hear from this Government is "after years of overtaxing y'all, we can now give a little bit back. Well, NOT NOW, but LATER. In a few months time. And more if you get us reelected, so vote Labour. Btw, I hope y'all survive the increasing prices until the money gets to you.".

Frankly speaking, I don't like having carrot waived in front of my nose and being forced to say thank you.


And you know who's really happy? The retailers. They'd all be saying "Dagnamit! They all have extra money to spend. Let's raise our prices!"

[idleidolidyll]

Ahh the shallow thinkers are so funny!

The tax cuts are said to cost us 10 billion dollars and you dipshits want more?

Those tax cuts the National wankers promised were in the order of $50-70; that's 40-50 BILLION dollars.

Where will that money come from little minds?

No doubt the next complaint you'll have is that education, health, infrastructure etc are underfunded........................fuckwits

For my part I'm disappointed in the tax cuts, they were too big and didn't help the poor enough by giving with one hand and taking with the other. You sheeple are such suckers

[Manxman]

Ahh the shallow thinkers are so funny!

The tax cuts are said to cost us 10 billion dollars and you dipshits want more?

Those tax cuts the National wankers promised were in the order of $50-70; that's 40-50 BILLION dollars.

Where will that money come from little minds?

No doubt the next complaint you'll have is that education, health, infrastructure etc are underfunded........................fuckwits

For my part I'm disappointed in the tax cuts, they were too big and didn't help the poor enough by giving with one hand and taking with the other. You sheeple are such suckers

Mate, why do you always seem to attack the person, not the argument???

One person's view is just as valid as yours, but you continue to 'ad hominem' as if there is no tomorrow?

Just curious.

[James Deuce]

Mate, why do you always seem to attack the person, not the argument???

One person's view is just as valid as yours, but you continue to 'ad hominem' as if there is no tomorrow?

Just curious.

Don't even go there.

He only logs in to to bear witness to his intellectual genius and mock anyone who doesn't reach his lofty standards of existentialist masturbation.

[Manxman]

Don't even go there.

He only logs in to to bear witness to his intellectual genius and mock anyone who doesn't reach his lofty standards of existentialist masturbation.

Thanks Jim2, pretty much confirmed what I was thinking...

Sad really.

PS, you've made an assumption here that he has intellectual genius. That, my friend, is a matter of opinion.

[geoffm]

Ahh the shallow thinkers are so funny!

The tax cuts are said to cost us 10 billion dollars and you dipshits want more?

Those tax cuts the National wankers promised were in the order of $50-70; that's 40-50 BILLION dollars.

Where will that money come from little minds?

No doubt the next complaint you'll have is that education, health, infrastructure etc are underfunded........................fuckwits

For my part I'm disappointed in the tax cuts, they were too big and didn't help the poor enough by giving with one hand and taking with the other. You sheeple are such suckers

50 Billion? I think you have a few orders of magnitude out here. Let us say that there is 2 million tax payers in NZ, and we will assume that public servants are taxpayers as are WFF beneficiaries. They are not net taxpayers, but for the purposes...
at $50 each, that is $100 million. Not even 10% of Cullens new train set.
Now given that the GST rise on petrol, due to rising prices has reclaimed at least $20 per week for most people, not to mention the increased tax take on everything else due to inflation, it is no where anywhere near that much.
I bet I could find those savings - dump the humans righs commission, waitangi tribunal, families commission, minsitry of womens affairs, ministry of racing, around 200 spin doctors from helen's office for starters.

[Hinny]

50 Billion? I think you have a few orders of magnitude out here. Let us say that there is 2 million tax payers in NZ,
at $50 each, that is $100 million. Not even 10% of Cullens new train set.

That's 100 million a week
times 52
equals 5.2 Billion.

re: Cullen's new train set.
There is a reasonable amount of public support for the re-nationalisation of rail, mainly based on the premise that a strong railway will take freight off the roads.
Was/is it a good deal?
Dealing with Aussies in business is always tough. Maybe something to do with their heritage.

Railways cost 665million. (2008) dollars
sold 328million (1993) dollars NPV say (1,148million)

Other things to consider:
2002 the track infrastructure was sold back to the Crown for $1.
Ontrack, a division of the New Zealand Railways Corporation that owns and manages the rail network on behalf of the Crown now values the track at $10,648 million.
If the sale price reflected current share values say $A7.62 at April 18 This share value is nearly half what they were worth last June.$A14.36 on June 14
12.5% increase in share price day after announcement.
The question has been asked; Why do our politicians continue to offer fantastic deals to overseas investors while treating domestic companies and investors with near contempt?
Could it have something to do with the advisors they employ? Do we really disregard NZ investors.
October 28, 1990, when the core rail business of the old New Zealand Railways Corporation was transferred into the new limited liability company, New Zealand Rail Limited. As part of this process the Crown wrote off $1087 million of debt and injected $360 million of equity.The new company was created with no debt because its directors and investment bank Fay, Richwhite, the company's main financial advisers, believed NZ Rail had a better future with minimal gearing.
Bankers Trust, adviser to the Treasury, was concerned a suitable buyer wouldn't be found. But Sir Michael Fay and David Richwhite spotted a chance to repeat their windfall Telecom profit, with Wisconsin Central they offered $328 million which was accepted. The consortium contributing only $105 million of equity. In June 1995, Tranz Rail made a capital repayment of $100 million that reduced the equity contribution of the original investors to just $16 million
I would say that was looking after NZ investors pretty well.
Could be why they live offshore now also.

[Hinny]

The GST rise on petrol, due to rising prices has reclaimed at least $20 per week for most people

Let's do the maths.
$20
times 9
equals $180

I don't think 'for most people' their spending on petrol has gone up $180 a week.

[Hinny]

With the outrageous price of fuel now I think my fuel bill will go up $180 this week with going to the Busta Gut.
Thanks to George Bush,his bunch of Neocons and their war profits.
Screw the world though superior fire power.
Interesting that both Clinton and Obama have talked about taxing these profiteers on their war profits. Will either of them get the chance?

[Swoop]

There is a reasonable amount of public support for the re-nationalisation of rail, mainly based on the premise that a strong railway will take freight off the roads.

It is a nice idea, but I can't see it happening.
When a gubbinment runs something, the overheads are astronomical.

Just think of the costs that will be needed to hire Turangi Lodge for NZ Snailways...