tax

Phil Goff wants 10c a litre fuel tax on top of rates rises

phil goff like len brown zipper up

If you vote for Phil Goff you will be voting for more stupid public transport spending and a new fuel tax to pay for roads we already have paid for.

The true socialist is now showing his hand.

Mayoral candidate Phil Goff warns if Auckland does not start paying a fuel tax, traffic gridlocked on the roads will “steadily get worse” for the next 10 years.

He’s proposing a 10 cents per litre fuel tax for the Auckland region. Mr Goff believes that would create around $120 million a year in extra revenue for the council.

How does “Get fucked Phil” sound?  Read more »

42% of you bastards contribute nothing

 

nonewtaxes

The Government says its tax reforms are benefiting lower income households, and it’s got the figures to prove it.

Acting Finance Minister Steven Joyce has released new Treasury data showing the top 10 percent of households will pay 37.2 percent of total income tax this financial year, compared with 35.5 percent in 2007/08. Read more »

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They know their customers, shame the Labour party doesn’t

Labour are contemplating introducing a soft drink tax. This will apparently lead to the slimming of the nation despite there being no actual evidence to show this is what would happen. This is also despite the fact that soft drink makeup about 3 calories, or 1.6% of your total intake of energy per day.

Shopkeepers know otherwise.

Palmerston North dairy owners doubt a tax on sugary drinks will change people’s consumption habits, saying those looking for a sweeter sip will simply change to cheaper brands.

The debate is back in the spotlight after Labour health spokeswoman Annette King told media there was growing support in the health sector for a sugary drink tax. While Labour’s position had previously been that there was not enough evidence to support such a tax, no final decision had been made.

Albert St Dairy owner Dakshina Keshav said if the Government started taxing sugary drinks it could be a significant hit to her business if customers were put off by it.   Read more »

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Lower taxes for middle class preferable to WFF benefit

Whaleoil’s tax and welfare survey reveals that most of us do not like working people being turned into beneficiaries by giving them middle class welfare. Working For Families should be removed and the middle class should be given tax cuts instead.

Screen Shot 2016-08-16 at 1.00.09 PMScreen Shot 2016-08-16 at 1.00.20 PM

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Are you giving less to charity than a few years ago? UPDATED

money in your back pocket

…donations claimed by taxpayers fell to an average of $761 last year, compared to the previous year’s $841. That’s a drop of around ten percent.

The numbers are based on analysis of more than 300,000 tax returns filed with IRD.

MayTax chief executive Lester Binns says a person’s income is not necessarily a reliable indicator of how much they choose to donate. Read more »

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Labour’s hypocrisy in going after tax dodgers

As we blogged earlier the Labour party is mounting a campaign to go after tax dodgers.

Instead of shrugging, John Key should immediately be doing three things:

  • Stop New Zealand being used as a tax haven;
  • Stop multinationals dodging the tax they owe here;
  • Urgently launch a full Parliamentary inquiry into tax dodging in New Zealand.

John Key’s doing his best to protect the mega-rich.
But we can force him to take action.

CLICK HERE TO FORCE ACTION ON TAX DODGING NOW

Together, let’s make John Key do more than shrug,

Labour Campaigns Team

Read more »

Oh dear, how sad, academic troughers get it wrong…again

sugartax

Looks like arts, travel & lifestyle blogger, David Farrar, has scored a direct hit against the troughers banging on about a sugar tax.

He’s calling out the sugar petition that’s being organised by well-known anti- sugar troughers as misleading. And he’s right.

A sugar tax petition states:

            New Zealand has a problem. We are the third fattest nation in the world.

This is not true.

The WHO database for Obesity is here.

We are 29th, not 3rd.

Outrageous that a petition has such a misleading “fact”.

Read more »

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The thin end of the Internet GST wedge has arrived

I’m not sure how Todd McClay thinks that breaking John Key’s ‘no new taxes’ pledge is going to help National but he has decided to bring in a tax on internet purchases anyway.

The Government is moving to slap the goods and service tax on online service purchases, which will mean a price rise for the likes of subscriptions to Netflix and Apple services.

It is proposing a law change which will require the overseas retailers to be GST-registered and for them to return the tax to the Government – which says it is now missing out on around $40 million a year and growing.

Currently if you buy anything worth less than $400 from overseas you don’t have to pay the 15 percent GST.

“It is about creating a level playing field for collecting GST and putting New Zealand businesses and jobs ahead of the interests of overseas suppliers,” Revenue Minister Todd McClay said.

The Bill was introduced to Parliament today and the Government hopes the law will be in place in October next year.    Read more »

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Labour’s ‘new’ company tax policy is the same as what is allowed already

Company tax? Wouldn't know, never run a company

Company tax? Wouldn’t know, never run a company…next question

Good grief, after signalling a ‘new’ company tax policy focussed on making life easier for small business we find out that Andrew Little and the Labour party know three fifths of five eights of stuff all about existing systems and tax arrangements.

He launched a discussion document on the policy at a speech to the Hutt Valley Chamber of Commerce this morning.

“This proposal gives business owners the option to pay up to 100 per cent of their tax through regular withholding payments, at the rate they set themselves,” Mr Little said.

“Alongside this, I’m also announcing that we would be scrapping late penalties for provisional tax and increasing the threshold for when provisional tax applies, from $2500 to $5000.”

At present, provisional tax rules require a business to estimate, in advance, its taxable profits for the year and pay tax in three large instalments over the year.

“If they guess wrong, they can be faced with a big bill at the end of the year which can push a small business to the wall,” Mr Little said.

“Under Labour’s proposal, businesses will have the option of choosing to pay their tax through regular instalments at a rate they can adjust. This means businesses can align their payments to suit their circumstances.    Read more »

And another Farrar kicking for Robbo

Our Pinko arts, travel and fitness blogger mate continues to point out what everybody knew, Grant Robertson is not a finance minister’s arsehole.

Grant Robertson has exclaimed:

The National Government has big questions to answer about how a provider of services to thousands of vulnerable New Zealanders is set to fold, ’s Finance spokesperson Grant Robertson says.

Relationships Aotearoa which provides support and counselling to families, individuals and survivors of domestic violence is set to shut its doors, minus any last minute intervention.

“There are thousands of vulnerable people and families who rely on Relationships Aotearoa for critical services. The government cannot leave them in the lurch.

“Like other non-governmental organisations, Relationships Aotearoa has been seriously underfunded in recent years. It has been asked to do more with less and the strain has clearly started to tell.

This is typical Labour. If an NGO has financial issues, then the answer is the taxpayer must throw more money at them. In the same breath they expect us to believe they would ever have lowered the deficit.     Read more »