You think what he is offering is freedom????
You’re an even bigger idiot than I thought.
Printable View
Man,
Apparently he is the first person in the world to take a government to court over breach of human rights over these covid mandates....he went to jail for free speech...
There is a lot of support for our freedoms...he spoke on Radio I didn't hear it but a lot of people are awoken...
You might not want freedom you are well happy with it.. but many people aren't...
The person who gives us freedom gets my vote and I don't care who they are...
Free and open press.
It made the front page of the herald. I came here for a look expecting to see outrage and have a laugh but pretty muted.
Are financial services exempt from GST or not? I think lawyers stopped worrying about it a long time ago as part of the house sale relates to the mortgage and financial services.
It would be funny to see NZ up in arms over this when they meekly accept GST on food and other basics that most countries exempt in the interest of fairness. My personal view is to keep it simple and not have the exemptions but if we need a tax cut then drop GST back to 12.5% rather than mucking around with exemptions.
As far as GST on the fees go my only question would be are the fees a passive fund manager charge, reasonable. I think in many cases it is based on a percentage of the capital invested. This seems odd as buying and selling 100 or 1,000,000 shares takes the same effort and in a passive fund no thought required other than the weighting of the shares held. Maybe people with large kiwisaver funds subsidies the small ones.
The media trying desperately to make another mountain out of a mole hill
https://www.stuff.co.nz/business/mon...ate-savers-are
A resolute Chris Luxon prepared to make a stand against unfair retirement tax. What a hero and man of the people no doubt an action plan will be in place after the elections. What about exemptions for basic foodstuffs Chris or dropping the regressive GST tax back to 12.5% instead of dropping the top rates on a progressive income tax?? Would that be fair?? maybe not as he does not suggest this. Or are bottom feeders not part of his voter base so not given consideration.
https://www.nzherald.co.nz/nz/kiwisa...ODEUCXCG2PGDI/
Honesty is the worst policy - when electioneering.
Attachment 14112
I posted what is and isn't exempt for financial services.
As for National - a bit rich since they removed the kickstart (2015) and made employer contributions taxable (2012).
This would have had a much bigger impact on members' balances.
Listening to talkback people are confused and most seem to think that the GST is on their balances rather than just the fees.
As for GST on food - other countries look at our system as much easier to implement. No GST on basic food - a bread roll is basic, a filled one isn't ...etc