So if Labour lose the election, Hipkins gone before Christmas?

Many places in the world have exemptions to GST (or other consumption taxes). And many have frameworks that differentiate between processed foods and actual food. Anything that encourages people eating more furit and veg gets my vote. Perhaps literally. 

jawnbc:

 

Many places in the world have exemptions to GST (or other consumption taxes). And many have frameworks that differentiate between processed foods and actual food. Anything that encourages people eating more furit and veg gets my vote. Perhaps literally. 

 

The issue with these well intentioned ideas is that a Govt spends a lot to provide that support, but all of those on a a better than average salary that dont need the support, get it as well. 

sen8or:

 

So if Labour lose the election, Hipkins gone before Christmas?

 

 

 

Nah

I rate him as a Leader. Just needs to employ more staff, as both sides do, to be honest

tdgeek:

 

Nah

 

I rate him as a Leader. Just needs to employ m̶o̶r̶e̶  better staff, as both sides do, to be honest

 

FTFY

jawnbc:

 

Many places in the world have exemptions to GST (or other consumption taxes). And many have frameworks that differentiate between processed foods and actual food. Anything that encourages people eating more furit and veg gets my vote. Perhaps literally. 

 

Should be matched with sugar and junk food taxes to make up the difference in revenue. Also contributes to health.

jawnbc:

 

Many places in the world have exemptions to GST (or other consumption taxes). And many have frameworks that differentiate between processed foods and actual food. Anything that encourages people eating more furit and veg gets my vote. Perhaps literally. 

 

Some of those places, like Australia, look at our simple GST system with envy. Why would we ever want to exchange a simple system that works well for a more complicated one that has a proven record of issues. 

I hope they don’t remove GST on food. It is simply too hard to manage GST removal from food. And over benefits high income earners

They should introduce start a UBI of $30pw to every man woman child. 

Eitsop:

 

I hope they don’t remove GST on food. It is simply too hard to manage GST removal from food. And over benefits high income earners

 

They should introduce start a UBI of $30pw to every man woman child. 

 

Thats a cost of $8bn per annum.  How would you like to pay for that?  

ockel:

 

Eitsop:

 

I hope they don’t remove GST on food. It is simply too hard to manage GST removal from food. And over benefits high income earners

 

They should introduce start a UBI of $30pw to every man woman child. 

 

 

Thats a cost of $8bn per annum.  How would you like to pay for that?  

 

37% tax between 120-180k same as aussie

45% tax over 180k which is same as australia

How did the "unholy alliance" between Brian Tamaki and "lawyer" Sue Grey come to pass? This article explains why they think they have a good chance in the election this year (lol).

https://www.thepost.co.nz/a/politics/350044790/unholy-alliance-how-destinys-brian-tamaki-found-common-ground-sue-grey?utm_source=stuff_website&utm_medium=stuff_referral&utm_campaign=stuff_skybox&utm_id=stuff_skybox&fbclid=IwAR3pqsGrQloo5fidSVt1UXG47S2GUMgonT3-3DhbIwXKrbIiWVOpyQuq3SA

Eitsop:

 

ockel:

 

 

 

Thats a cost of $8bn per annum.  How would you like to pay for that?  

 

 

37% tax between 120-180k same as aussie

 

45% tax over 180k which is same as australia

 

The those over $120k collectively earn $41bn of income - at 4% uplift from 33% to 37% you've generated an extra $1.64bn  in income tax.  

The second group collectively earned $20bn of income - at 6% uplift you've generated another $1.2bn.

Assuming that I havent double counted (which would over estimate the incremental tax take) how do you cover the rest of your shortfall.  If you think that those new marginal rates were going to cover it then you've highlighted our decline in the mathematics rankings in schools.

quickymart:

How did the "unholy alliance" between Brian Tamaki and "lawyer" Sue Grey come to pass? This article explains why they think they have a good chance in the election this year (lol).

https://www.thepost.co.nz/a/politics/350044790/unholy-alliance-how-destinys-brian-tamaki-found-common-ground-sue-grey?utm_source=stuff_website&utm_medium=stuff_referral&utm_campaign=stuff_skybox&utm_id=stuff_skybox&fbclid=IwAR3pqsGrQloo5fidSVt1UXG47S2GUMgonT3-3DhbIwXKrbIiWVOpyQuq3SA

 

ockel:Assuming that I havent double counted (which would over estimate the incremental tax take) how do you cover the rest of your shortfall.  If you think that those new marginal rates were going to cover it then you've highlighted our decline in the mathematics rankings in schools.

where do you get income stats from to calculate.. and I will rework

Eitsop:

 

ockel:Assuming that I havent double counted (which would over estimate the incremental tax take) how do you cover the rest of your shortfall.  If you think that those new marginal rates were going to cover it then you've highlighted our decline in the mathematics rankings in schools.

 

where do you get income stats from to calculate.. and I will rework

 

You've come up with a policy that is uncosted but is a wonderful political soundbite?  You should run for Labour leadership (Kiwibuild, Auckland Light Rail, child poverty.... etc etc etc).

The IRD has stats, which are out of date thanks to inflation, which will be a good starting point for you.  https://www.ird.govt.nz/about-us/tax-statistics/revenue-refunds/wage-salary-distributions

That 2.5% of the population that earn over 180k but pay 12% of the income tax base - you want them to do even more heavy lifting.  That 8% of the population that earn $120k but pay 25% of that income tax base - you want them to pay for your uncosted UBI that has a huge fiscal hole.  I guess you want them to pay even more.

I'm guessing that not one of that 8% of the population will act in their self interest to reduce their tax burden.  They're all far too altruistic.  But if they do?  Your fiscal hole looks like a yawning chasm.