I don't actually think you understand the concept of the Laffer curve. It does not say that tax cuts will always yield higher revenue.
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I am more of a fan of the first $5000 tax free universal than tax cuts.
Don't know the costings but probably a argument for another day.
The inarguable fact of the laffer curve is that there are two points that will produce the same revenue. e.g. 0 % tax and 100% will both produce the same tax revenue (nil)*. Once you get your head around that you will understand laffer's theory.
*Zero tax is self explanatory.
At 100% people would simply stop all work - or would not bother charging for it. Bata increases - 'I'll paint your house if you'll overhaul my motor)
The higher tax rate is the more the 'under the counter' or cash economy thrives. Incentive suffers, 'a choked economy'.
"Election 2023: What gets axed under the National-led Government?"
https://www.nzherald.co.nz/nz/electi...ontent=1.+tsnp
The rich got richer under labour, rest homes were underfunded for much of their period etc. I see that trend continuing under the Nats. I think one of the main things that kicked The Green/Labour government out was the spectre of Three waters and Co-governance in general in addition to the loss of the smiling hugger as leader. it was an emphatic goodbye from the electorate.
Dr Shane Reti MP for Whangarei is not pushing for the new Whangarei Hospital, even though he will probably be Minister of Health. He is more concerned about roads than health. One reason he was voted out last election was because he did nothing for Whangarei. The new Labour MP Emily Henderson lobbied hard and was successful in getting funding for a new hospital.
https://www.nzherald.co.nz/northern-advocate/news/whangarei-and-northland-electorates-returned-to-national/QE24TRYJMVCVBJSTH2P5C5DC2A/
Infrastructure, including four-laning State Highway 1 south of Whangārei, getting more GPs for the region and dealing with crime issues, is one of the priorities for returning Whangārei MP Dr Shane Reti.
However, regarding a new Whangārei hospital that Labour committed $759 million towards building, Reti said he would have to make sure the finances were in place for it before it could be progressed, but he was committed to a new base hospital for the region at Whangārei.
But a new multi-million-dollar hospital for Whangārei won’t be built in the next three-year term, but the first sod should at least be turned, Reti, likely to be the new Health Minister, said.
Whangārei MP Dr Shane Reti, who is looking to be the next Minister of Health under a National government, has said the upgrade to Whangārei Hospital will not be completed in the next three-year term.
https://www.1news.co.nz/2023/10/18/doctor-warns-of-delays-to-whangarei-hospital-upgrade/
Speaking to Breakfast about the announcement, Whangārei Emergency Medicine Consultant Dr Gary Payinda said the building, which was built around 70 years ago, was “well past its used by date”.
Payinda recalled the talks began of an upgrade to Whangārei Hospital the last time National was in government.
“I’ve been working this job 16 years now, and perpetually, [the upgrade] is two to three years away, and it has been that way for well over a decade.
“When we heard [Reti] say our hospital won’t be a first term priority, it really hit us quite personally up here, that again we’re going to be put off.”
Payinda said the team was “afraid” the $759m which was budgeted for the Whangārei Hospital rebuild might “disappear into tax cuts” if the project is delayed again.
I saw Dr Payinda on TV this morning.
I don't have an opinion on other points he made, but he did seem to dwell on the building being 70 years as a reason to demolish and re build.
Considering I live in a 65 year old home, and many on here will live in older homes than that, as well as your business premises or place of work, l don't think that in itself is a reason to replace the hospital.
He mentioned a leaky roof.
Well l say get on and fix it and by all means expand the hospital to the capacity required.
The cities of Europe wouldn't be what they are, if they decided to tear down all buildings by the time they were 70.