Willis has warned Labour left ‘fiscal cliffs’, ‘snails’ & ‘snakes’ for National; Detail on scale and nature of tax cuts and how they’ll be paid for in focus; Eyes on surplus date & borrowing needs
The quiet scuttling of the Tax principles bill without fanfare speaks to the quiet concentration of wealth in Aotearoa. David Parker and Grant Robertson came so close but not, In the end of redressing this imbalance.
Absolutely, Ben. I agree with David Mohring's comment yesterday that "Journalists need to be filing Official Information Act requests for all the current working documents". (Apologies, I'm not tech savvy enough to link directly to David's comment.)
Yes Glenys. I think the noise and the sound bite nature of the news cycle suits these interests. Sadly it’s too easy to bury things like this, let’s release our 100 day plan and one day mini budget a couple days later and slip this in between. Knowing the media won’t get to this.
Agreed, and was Hipkins pressured to make his call? All complete speculation on my part. It always feels like it doesn't matter how many times the deck is shuffled and who is dealing the cards in Government. The same people end up with winning hands
The unsignalled tax changes are clearly a reward to the super-rich and secretive donors this election.
I couldn't help calculating that Gore's water woes equate to nearly $38k per person in the town. Surely that would buy a big rain tank and septic system for each household and mothball the aging pipe system?
I couldn't resist doing a back of the envelope. There are 3360 households in Gore according to the 2018 census. The biggest water tank for household use that I could find (30,000L) is $4k.delivered. And a decent septic system is around $12k. Of course if you did a whole town there would surely be a bulk discount. Total cost $53 million. Even with a few extra million for installation, administration, communication and coordination etc, it looks like a good deal. Unfortunately these small towns are not growing and it would be hard to justify massive infrastructure investments. But still, everyone needs clean water and no shit in the streets. I know cause I live in Wellington, home of the permanent water leak and occasion poo-nami.
The continual drive to get the Govt into surplus shows a complete lack of understanding of the Sectoral Balances analysis technique and complete Economic Illiteracy re how governments are financed, as does the reserve bank using interest rates to fight inflation. The Philips curve is dead, but like a zombie keeps biting. Funding tax cuts on top of these paradigms will lead to only one result. Here comes Austerity big time.
- Gutted about the tax fairness repeal. More of the rich getting richer. Arggggggg.
- I think this govt is trying to get all these dreadful policies in place now and hope we have all forgotten about them by the next election. I've started keeping track - lest I forget.
Good to be here and a house keeping question can I view on my work email as well?
The quiet scuttling of the Tax principles bill without fanfare speaks to the quiet concentration of wealth in Aotearoa. David Parker and Grant Robertson came so close but not, In the end of redressing this imbalance.
Absolutely, Ben. I agree with David Mohring's comment yesterday that "Journalists need to be filing Official Information Act requests for all the current working documents". (Apologies, I'm not tech savvy enough to link directly to David's comment.)
Yes Glenys. I think the noise and the sound bite nature of the news cycle suits these interests. Sadly it’s too easy to bury things like this, let’s release our 100 day plan and one day mini budget a couple days later and slip this in between. Knowing the media won’t get to this.
And interesting to speculate on the election result had Robertson’s and Parker’s tax proposals gone to the electorate.
Maybe we’d all be living with a way more positive future.
Agreed, and was Hipkins pressured to make his call? All complete speculation on my part. It always feels like it doesn't matter how many times the deck is shuffled and who is dealing the cards in Government. The same people end up with winning hands
15... 😂 Wouldn't that be a thing!
The unsignalled tax changes are clearly a reward to the super-rich and secretive donors this election.
I couldn't help calculating that Gore's water woes equate to nearly $38k per person in the town. Surely that would buy a big rain tank and septic system for each household and mothball the aging pipe system?
I couldn't resist doing a back of the envelope. There are 3360 households in Gore according to the 2018 census. The biggest water tank for household use that I could find (30,000L) is $4k.delivered. And a decent septic system is around $12k. Of course if you did a whole town there would surely be a bulk discount. Total cost $53 million. Even with a few extra million for installation, administration, communication and coordination etc, it looks like a good deal. Unfortunately these small towns are not growing and it would be hard to justify massive infrastructure investments. But still, everyone needs clean water and no shit in the streets. I know cause I live in Wellington, home of the permanent water leak and occasion poo-nami.
The continual drive to get the Govt into surplus shows a complete lack of understanding of the Sectoral Balances analysis technique and complete Economic Illiteracy re how governments are financed, as does the reserve bank using interest rates to fight inflation. The Philips curve is dead, but like a zombie keeps biting. Funding tax cuts on top of these paradigms will lead to only one result. Here comes Austerity big time.
Which fits nicely into a neoliberal, tax cutting, rich getting richer, etc. agenda.
- Gutted about the tax fairness repeal. More of the rich getting richer. Arggggggg.
- I think this govt is trying to get all these dreadful policies in place now and hope we have all forgotten about them by the next election. I've started keeping track - lest I forget.
- That solar chart if frightening.
The heat being trapped in our atmosphere at the moment should recalculate everyones new years resolution. Especially those expecting to live near the coast over the coming decades https://www.sciencenews.org/article/3-antarctic-glaciers-rapid-loss-climate-change