Forum Archive Index - September 2002

["Kees.deJong" <Kees.deJong@xtra.co.nz>]

YOU  HAVE JUST PROVED MY POINT.

----- Original Message -----
From: "Malcolm Cameron" <malharcameron@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Friday, September 06, 2002 6:07 PM
Subject: Re: [sharechat] oh,,,,dear.. more bad news


> kees If you don't like NZ tax rates go somewhere else. Its that socialist
> bulls--t that makes NZ a nice place to live and I don't live there. I
> suggest but not sure that you didn't like the last country you lived in so
> why come to NZ and complain you had the whole world to pick from.
> Malcolm
>
>
> >From: "Kees.deJong" <Kees.deJong@xtra.co.nz>
> >Reply-To: sharechat@sharechat.co.nz
> >To: <sharechat@sharechat.co.nz>
> >Subject: Re: [sharechat] oh,,,,dear.. more bad news
> >Date: Fri, 6 Sep 2002 18:00:00 +1200
> >
> >Why is it that as soon as someone tries to say we are taxed to high some
> >person tries to cut him down by bringing some obscure country in to the
> >spotlight which has no direct bearing on why we pay so much tax except
that
> >there social welfare structure is worse or better depends which side of
the
> >fence you are on, than ours
> >and that 60 % like here are on some sort of benefit.
> >Get a life if you think your not paying enough make a donation but leave
> >the
> >socialist bullshit out.
> >
> >----- Original Message -----
> >From: "Malcolm Cameron" <malharcameron@hotmail.com>
> >To: <sharechat@sharechat.co.nz>
> >Sent: Friday, September 06, 2002 3:46 PM
> >Subject: Re: [sharechat] oh,,,,dear.. more bad news
> >
> >
> > > TO all of you that think your taxes are to high at 39cents in dollar
> >after
> > > $60000 please write to Doctor Cullen and ask him to tax you at
> >Australian
> > > rates instead. I bet he will be very pleased to oblige. You are paying
> >some
> > > of the lowest income tax rates in the world. Check the Swedish rates
and
> >GST
> > > is 37%
> > > Malcolm
> > >
> > >
> > > >From: "Mr Nua" <mr_nua@hotmail.com>
> > > >Reply-To: sharechat@sharechat.co.nz
> > > >To: <sharechat@sharechat.co.nz>
> > > >Subject: Re: [sharechat] oh,,,,dear.. more bad news
> > > >Date: Fri, 6 Sep 2002 09:40:17 +1200
> > > >
> > > >Hi Hoop,
> > > >
> > > >I agree 100% with your "oh dear post".
> > > >
> > > >Unfortunately, due to the nature of democracy - politicians retain
> >power
> >by
> > > >pleasing the majority of the people - a very different motive than
> >creating
> > > >a wealthy economy. Thus, by the nature of our demographics the
majority
> > > >does not include Eric Watson, nor - I suspect does it include most of
> >the
> > > >people on this forum.
> > > >
> > > >Rather than a lower tax for business people like Eric, I suspect that
> >this
> > > >government is more likely to "solve" the problem by creating some
sort
> >of
> > > >"leaving tax". This is far more likely to please the masses.
> > > >
> > > >How do you change the direction of a country when the majority would
> >rather
> > > >see higher taxes for the "rich" because thay are not in that group?
> > > >
> > > >A difficult one, which I do not have the answer to.
> > > >
> > > >
> > > >
> > > >My other comment is toward your "Short term vs Long term" post.
> > > >
> > > >Without wanting to open the TA vs Fundy debate. The comment that "one
> > > >mistake in STI and you are dead" is simply incorrect. You can lose
the
> >lot
> > > >in one mistake in STI or LTI.
> > > >
> > > >However, there is NO chance of losing the lot if you do either
approach
> > > >correctly. A STI without a strategy (which you would have to be to
lose
> >it
> > > >all on one mistake) is not a Short term investor, they are a punter.
> > > >
> > > >I would go so far as to say that there is less chance of losing the
lot
> >in
> > > >STI than LTI, because in an Enron type situation the STI will sell
out
> > > >before the LTI (who may never).
> > > >
> > > >I believe that the biggest problem facing new STI's with a strategy
is
> >the
> > > >"pecked to death by a thousand ducks" problem where capital is slowly
> >eaten
> > > >away by small losses and brokerage.
> > > >
> > > >Anyway, food for thought. Good to see the level of posting up.
> > > >
> > > >Nua
> > > >   ----- Original Message -----
> > > >   From: Richard Hooper
> > > >   To: sharechat@sharechat.co.nz
> > > >   Sent: Friday, September 06, 2002 12:43 AM
> > > >   Subject: [sharechat] oh,,,,dear.. more bad news
> > > >
> > > >
> > > >   The problem with a centre left Govt in New Zealand is that they
turn
> >a
> > > >deaf ear to the rich,to please the poor non-productive masses that
will
> > > >vote for them in the next
> > >
> >
>election........................Note....................nonproductive......
> >...
> > > >
> > > >   Since the personal tax increase from 33% to 39% it seems we as a
> >country
> > > >has lost not only tax revenue but the our most productive personnal.
> > > >
> > > >   Eric Watston it seems, is another to go overseas  to join to mass
> > > >migration of to rich NZers to Europe......We get nonskilled low wage
> >type
> > > >people in exchange for high skilled management ultra rich leaving....
> > > >
> > > >   Labour Govt please wake up ...........since you have raised the
> >taxes
> > > >from 33-39% you have created our best  productive personal to leave
our
> > > >shores and have not increased any extra revenue tax in this area.
> > > >
> > > >   If you are listening ...please .....please .... for the sake of
our
> > > >economy.
> > > >
> > > >   You have 2 years to recify this terrible sitiuation ..The last
year
> > > >(2005) you can please the welfare ..dole ..medical ...acc...benefit
> >people
> > > >which makes up for 50% of the New Zealand  voters...........
> > > >
> > > >   The bad news is the last statement .......too many people on the
> > > >benefit........
> > > >
> > > >   What a silly situation .........the NZ Govt  forces the rich
> >productive
> > > >people to reside overseas by taxing the hell out of them ....welcomes
> >the
> > > >poor to come to NZ.......or create the situation for the poor to stay
> >in
> >NZ
> > > >thru giving them benefits............
> > > >
> > > >   Overall Result........Lower Growth rate with our trading
> > > >partners.......There is nothing we can do as a a nation until the
Govt
> > > >changes its economic policies. .........If  we the people want to
lift
> >our
> > > >country up into a rich nattion status we have to protest
.....something
> > > >which NZer's seem to have forgotten to do
> > > >   ( due to our laid back attitude)
> > > >
> > > >
> > > >   investors are thin on the ground and decreasing.
> > > >
> > > >   The future lies with us
> > > >
> > > >   Hoop
> > > >
> > > >   Disc:-    no political motive ....left /right   up/down .... just
> >using
> > > >common sense.
> > > >
> > > >
> > >
> > >
> > >
> > >
> > >> >
> > >
> > > _________________________________________________________________
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> > >
> > >
> > >
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>
> M H & M M Cameron
> 55 Czarnecki Street
> Camira 4300
> Brisbane
> Queensland
> 07 3389 0515
>
>
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