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tdgeek
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  #3165688 29-Nov-2023 12:31
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SaltyNZ:

 

 

 

She should already know how bad things are. That's what the PREFU is for.

 

 

That's what I thought, but I'm no PREFU expert. So what happened between the PREFU and the new FU (whatever that's labelled lol) Not much time in there for the books to be scuppered? 

 

Maybe them darned EV buyers hammering the CCR !!  :-)  (Just joking Salty) Good if they did actually




Rikkitic
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  #3165690 29-Nov-2023 12:44
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sir1963:

 

Did you know that just by living in NZ you are among the top 20% for wealth in the world ?

 

Do you think things are better with no table and no crumbs ?
Plenty of countries will tell you its not.

 

 

 

 

Damned ungrateful peons! Here they are not being oppressed as much as they could be and they have no gratitude at all!

 

 

 

 





Plesse igmore amd axxept applogies in adbance fir anu typos

 


 


sir1963
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  #3165692 29-Nov-2023 12:51
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Rikkitic:

 

sir1963:

 

Did you know that just by living in NZ you are among the top 20% for wealth in the world ?

 

Do you think things are better with no table and no crumbs ?
Plenty of countries will tell you its not.

 

 

 

 

Damned ungrateful peons! Here they are not being oppressed as much as they could be and they have no gratitude at all!

 

 

 

 

 

 

 

 

I am sure you are just as ungreatful. I am sure you like all the cheap goods available to you being made overseas....

 

Perhaps I am wrong and you have been donating 50% of your gross income/wealth overseas...




SaltyNZ
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  #3165695 29-Nov-2023 12:55
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sir1963:

 

But I am sure as you see how rich you are compared to others, YOUR taxes should also go up significantly too...

 

 

 

 

My tax rate is already higher than the super rich. That's the point.





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SaltyNZ
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  #3165696 29-Nov-2023 12:56
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tdgeek:

 

Maybe them darned EV buyers hammering the CCR !!  :-)  (Just joking Salty) Good if they did actually

 

 

 

 

:-P 

 

Lol!





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freitasm

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  #3165698 29-Nov-2023 13:00
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sir1963:

 

SaltyNZ:

 

sir1963:

 

So you are suggesting they buy their toys overseas ?

 

 

He did buy the toy overseas. It was built in Amsterdam.

 

 

And others get them built in NZ, refurbished in NZ, Crewed by NZ employees, etc etc etc

 

 

This is the old "trickle down" argument. 

 

It doesn't work.

 

The wealthy pay rich boatyard owners for the boats. The rich boatyard owners pay peanuts to the employees.





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sir1963
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  #3165699 29-Nov-2023 13:00
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SaltyNZ:

 

sir1963:

 

But I am sure as you see how rich you are compared to others, YOUR taxes should also go up significantly too...

 

 

 

 

My tax rate is already higher than the super rich. That's the point.

 

 

ONLY if you are being dishonest. You are trying to use taxes that do not exist (capital gains, Wealth tax, etc) as part of your claim.

 

Envy is a very ugly thing.


 
 
 

Trade NZ and US shares and funds with Sharesies (affiliate link).
freitasm

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  #3165700 29-Nov-2023 13:03
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sir1963:

 

SaltyNZ:

 

sir1963:

 

But I am sure as you see how rich you are compared to others, YOUR taxes should also go up significantly too...

 

 

My tax rate is already higher than the super rich. That's the point.

 

 

ONLY if you are being dishonest. You are trying to use taxes that do not exist (capital gains, Wealth tax, etc) as part of your claim.

 

Envy is a very ugly thing.

 

 

It's not envy. It's the feeling that fairness is not being applied to all relationships, where wealthy donors get more benefits than other people, including paying less tax allowing them to accumulate more wealth, repeating the cycle.





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sir1963
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  #3165701 29-Nov-2023 13:05
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freitasm:

 

This is the old "trickle down" argument. 

 

It doesn't work.

 

The wealthy pay rich boatyard owners for the boats. The rich boatyard owners pay peanuts to the employees.

 

 

The alternative is worse.


sir1963
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  #3165702 29-Nov-2023 13:08
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freitasm:

 

It's not envy. It's the feeling that fairness is not being applied to all relationships, where wealthy donors get more benefits than other people, including paying less tax allowing them to accumulate more wealth, repeating the cycle.

 

 

 

 

Please tell me which tax they are not paying ?


SaltyNZ
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  #3165703 29-Nov-2023 13:09
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sir1963:

 

ONLY if you are being dishonest. You are trying to use taxes that do not exist (capital gains, Wealth tax, etc) as part of your claim.

 

Envy is a very ugly thing.

 

 

 

 

I don't know what you mean. I didn't say I paid more tax than the super-rich. I said I paid a higher rate of tax than the super-rich. That isn't envy. That's fact. The people that have the most wealth pay a lesser share of it towards the upkeep of our society than almost everyone else. That isn't envy. That's fact.





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SaltyNZ
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  #3165704 29-Nov-2023 13:11
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sir1963:

 

freitasm:

 

It's not envy. It's the feeling that fairness is not being applied to all relationships, where wealthy donors get more benefits than other people, including paying less tax allowing them to accumulate more wealth, repeating the cycle.

 

 

 

 

Please tell me which tax they are not paying ?

 

 

 

 

The taxes that you insist should never exist because it wouldn't be fair on the poor super-yacht owners if they did.





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sir1963
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  #3165705 29-Nov-2023 13:15
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SaltyNZ:

 

The taxes that you insist should never exist because it wouldn't be fair on the poor super-yacht owners if they did.

 

 

So you too are also guilty of not paying a tax that does not exist...???


SaltyNZ
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  #3165706 29-Nov-2023 13:17
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sir1963:

 

SaltyNZ:

 

The taxes that you insist should never exist because it wouldn't be fair on the poor super-yacht owners if they did.

 

 

So you too are also guilty of not paying a tax that does not exist...???

 

 

 

 

I'm not trying to justify that tax's nonexistence though, am I? And if came into existence, I would still be paying a higher rate of tax than the super-rich because I work for a living. Bring it on.





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GV27
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  #3165709 29-Nov-2023 13:19
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SaltyNZ:

 

I don't know what you mean. I didn't say I paid more tax than the super-rich. I said I paid a higher rate of tax than the super-rich. That isn't envy. That's fact. The people that have the most wealth pay a lesser share of it towards the upkeep of our society than almost everyone else. That isn't envy. That's fact.

 

 

Yea, this report doesn't actually back that up:

 

https://www.nzherald.co.nz/nz/politics/wealthy-pay-half-tax-rate-of-average-kiwis-ird-report/4LECQAM6XJAZNKEPWEWZSMIEN4/

 

"Where the 311 people in the report do actually pay tax, they pay an average tax rate of about 30 per cent."

 

There were all sorts of issues with this report from the way the data was collected to the way the data was used. Using 'economic income' to capture things specifically not considered taxable and using to provoke outrage by suggesting the wealthy pay lower rates of tax was not our finest hour in terms of the tax policy debate.


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