Forum Archive Index - February 2002

["Malcolm Cameron" <malharcameron@hotmail.com>]

Hugh
Will a National government ever remove it. Not likely they will probally 
increase it
Malcolm

>From: hugh webber <hugh.webber@clear.net.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: Re: Re: [sharechat] Cullen to Introduce Wealth Tax - Confirmed
>Date: Sat, 23 Feb 2002 08:43:43 +1300
>
>One could agree if it resulted in a lower tax rate all round i.e. the total 
>tax stayed constant.
>But that's not what happens. If the Labour Party gets more tax so it will 
>spend more on being
>Politically Correct - more Treaty of Waitangi settlements that have 
>absolutely no trickle down
>effect and get wasted on stupid investments like the Warriors; more on 
>ratifying and putting the
>Kyoto Treaty in effect ahead of all our trading competitors - I'm sure 
>other people can mention
>lots of other examples.
>And how many bites of the cherry does Cullen want? He gets GST everything 
>when its bought e.g. the
>yacht you mentioned, having another bite in terms of taxing the yacht 
>ownership is over the top.
>Still, people who raise taxes don't govern for long ;-)
>
>
>
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