Originally Posted by
FTG
I should say, I'm a little disappointed, and surprised, with your thinking Baa Baa.
Yip, the headline numbers look good. A financial "no-brainer" for the punter, especially those like you, that can afford it. Why wouldn't one take advantage of such a scheme? A scheme which basically provides "free money" - giving you back some of the massive amounts of tax you have paid over the years!
But....
Lest not forget.... "Government" in this context is actually fellow taxpayers. This KS taxpayer contribution is yet another royal example of the morally bankrupt middle-class welfare system that reigns in NZ. This circular (and expensive!)) wealth redistribution system is slowly, but surely contributing to the worsening of NZ Inc's 'societal well-being' (& financial) Balance Sheet.
Yet sadly, many folk still scratch their heads, naively wondering why NZ's position has, and will to continue to deteriorate. Biggest 'Pacific Island/Banana Republic" in the Sth Pacific anyone?
Will National, let alone any of the other political party's, have the courage & political will to overhaul this system and eliminate such stupidity? Highly doubt it.