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04-06-2024, 10:01 AM
#3411
[QUOTE=iceman;1055216]
Originally Posted by Bjauck
This is a budget that clearly indicates that the Coalition is starting to roll back the nanny state, so that it can make tax cuts and not introduce new taxes. First Home Grants were axed too. That makes saving through KiwiSaver for young people less compelling too.
Private Health Insurance companies have policies with cancer cover including for drugs that Pharmac does not cover.
So the rich will be richer and live longer. Coalition colours have been hoisted![/QUOTE]
What about the long overdue tax bracket adjustments, in work payments and increase in WFF ? Hardly aimed ad the "rich" !
In addition to income tax cuts, you need to take into account the reintroduced tax break for landlords, the cancellation of the first home grant of $5,000, Reimposition of prescription charges, reduction of public transport subsidies, free first year of study cancelled (fewer poorer students will try further education), warmer homes scheme scaled back.
So all in all, a budget for the wealthier and those who can afford private health insurance. It is a signpost for the direction of travel for the Coalition. I imagine many coalition supporters will not be unhappy.
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04-06-2024, 10:35 AM
#3412
Originally Posted by Bjauck
In addition to income tax cuts, you need to take into account the reintroduced tax break for landlords, the cancellation of the first home grant of $5,000, Reimposition of prescription charges, reduction of public transport subsidies, free first year of study cancelled (fewer poorer students will try further education), warmer homes scheme scaled back.
So all in all, a budget for the wealthier and those who can afford private health insurance. It is a signpost for the direction of travel for the Coalition. I imagine many coalition supporters will not be unhappy.
Though the various things you call out in terms of cuts are true, I think it is a stretch to characterise the budget as being for the wealthy.
The biggest recipients of the tax cuts are families that qualify for WFF.
I would be considered ‘wealthy’ in NZ and I will get $20 a week.
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04-06-2024, 11:04 AM
#3413
Originally Posted by mistaTea
Though the various things you call out in terms of cuts are true, I think it is a stretch to characterise the budget as being for the wealthy.
The biggest recipients of the tax cuts are families that qualify for WFF.
I would be considered ‘wealthy’ in NZ and I will get $20 a week.
The WFF bonanza for some is of up to $25 week if you are in work with children. The clawback remains once your household starts earning over about $43000.
The cost to taxpayers of that is dwarfed by five times by the cost of reintroducing the landlord tax break. It is clear for whom the benefit from the budget lies.
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04-06-2024, 11:13 AM
#3414
Originally Posted by Bjauck
The cost to taxpayers of that is dwarfed by five times by the cost of reintroducing the landlord tax break. It is clear for whom the benefit from the budget lies.
Yes, it's very clear that those who want to rent a home will get the benefit of more rental homes available to rent, as landlords are re incentivised
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04-06-2024, 11:15 AM
#3415
Originally Posted by Bjauck
The WFF bonanza for some is of up to $25 week if you are in work with children. The clawback remains once your household starts earning over about $43000.
The cost to taxpayers of that is dwarfed by five times by the cost of reintroducing the landlord tax break. It is clear for whom the benefit from the budget lies.
Landlords do not get 'a tax break.'
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04-06-2024, 01:21 PM
#3416
Originally Posted by Panda-NZ-
Lets not make this a political issue. It is totally unacceptable, and we should support the police with whatever resources they need to identify, locate, and prosecute the offenders.
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04-06-2024, 06:38 PM
#3417
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04-06-2024, 07:04 PM
#3418
Originally Posted by nztx
https://www.nzherald.co.nz/business/...OIUR5Y4Z3I3T4/
Road user charges: 12,000 renegade EV owners now face fines
A kingsized RUC Up on the way folks
Thanks Labour
Its surprising Te Waka of Roading Incompetence (NZ Pothole Agency) are even able to work out how many there are after their inability to track the large Pot Hole collection multiplying under their noses
The Seagull in the bay, spreading ****e and misinformation as usual, squark squark.
The lack of RUC charges for EV/PHEV were expired by the Coalition government in January 2024 and RUC for them was implemented April 2024, with a grace period to end-May 2024. Time is up.
Catching the non-RUC payers is easy, there is a system called the MVR (Motor Vehicles Register), it is connected to the RUC system, surely you knew that. Now they're caught, they will all receive a notice, to pay up including arrears, or face prosecution.
There is not a 'pot hole system', do you really think NZTA sweep every road across the whole motu to find potholes? They rely on public reporting and their dedicated teams, who are all subcontractors, get out there and fix them.
Your cynicism for NZTA is not well founded, it is inaccurate, misinformed and worse, you politicise it.
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04-06-2024, 08:22 PM
#3419
Originally Posted by Getty
Yes, it's very clear that those who want to rent a home will get the benefit of more rental homes available to rent, as landlords are re incentivised
Another sucker who believes that these magic houses suddenly appear?!
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04-06-2024, 09:00 PM
#3420
Originally Posted by tim23
Another sucker who believes that these magic houses suddenly appear?!
Kiwibuild 100,000 homes?
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