Its hard debating against the REAL FACTS isn't it !
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Its hard debating against the REAL FACTS isn't it !
It does seem like Labour is diverting attention from the excise increase - necessary though raising capital may be to cover the postponed investment in Auckland transport needs.
Tbh I have not been following the situation as closely as I should have. However wasn't there concern by some that the oil companies were operating as a cartel during the previous government? Wasn't the can just kicked down the road for someone else to deal with?
It does sound a wee bit like the witch hunt against Telecom and Chorus. That then may have resulted in reduced investment and a squeeze on contractors ( with consequences emerging now in the form of labour exploitation.)
Big Oil and Big Telcoms are easy targets for whom the general NZ public don't have a reserve of compassion.
The graphic in this article is revealing. I'm sure most have already seen it but I've just caught up with it. Out of $2.45 for a litre of 91, $1.177 is for taxes, GST, and the emissions trading scheme. Just 39.9 cents is for retailer overheads and profits. That doesn't seem like the industry is "profiteering". Looks like the retailers, slinging pies and pumping gas, are getting crumbs. The Government on the other hand seems to be doing very nicely.
https://www.nzherald.co.nz/business/...ectid=12140094
Good on the Herald for producing such a good graphic. Show that to the average punter and the Government kind of has some explaining to do.
Bjauck, you are right. Easy target. Yet professions like dentists charge an absolute fortune but are always under the radar.
PS when I wrote "slinging pies and pumping gas". I was thinking of the Hal David lyric "parking cars and pumping gas" from "Do you know the way to San Jose"
https://www.youtube.com/watch?v=CnzTgUc5ycc
Correct atp national have increased petrol excise tax WAY more (n their last 3 terms )and not done the infrastructure spend that would have avoided the current bottleneck in Auckland etc. check again after labour have been info 3 terms and get back to me.
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