tax

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 »

Otago Uni’s Department of Arse Clowns

Arse Clowns

The other day academics troughers from the University of Otago’s Department of Public Health Troughers pimped out a claim that a salt tax could reap in $450 million.

The Taxpayers thought the claim was a pile of goat poo and looked into this wild claim.

As a result of their investigations they’re now calling out Otago University to pull in their researchers.

Research by the Taxpayers’ Union indicates that the $450 million tax revenue suggested by Otago University Associate Professor Nick Wilson from a salt tax would result in a 2,500% increase in the price of salt for Kiwi consumers.

Taxpayers’ Union Executive Director, Jordan Williams, says:

“The vast majority of the salt manufactured in New Zealand is used for pharmaceutical and agricultural purposes, with only around 30,000 tonnes being used for food products.Professor Wilson’s $450 million over 30,000 tonnes is $15,000 in tax per tonne. A tonne of food grade salt is currently worth around $600 in the wholesale market.”

“Unless Professor Wilson is wanting to tax the salt consumed by cows and the saline solution used by hospitals, his numbers mean consumers will be paying 25 times the current price for salt.”*   Read more »

Maori proposing “indigenous tax” on foreign visitors

The University of Auckland Business School is hosting a seminar where:

Our aim is to share a very simple model to improve equality of opportunity for all people in Aotearoa where the indigenous tax™ will be used to invest in people’s economic wealth and social well being.” Anita Stowers and Maki Maihi-Taniora

The purpose of the meeting/seminar is to bring together interested persons to listen and discuss the indigenous taxation concept and to see whether university academics are interested in exploring the concept as part of wider research into its viability economically, politically and culturally.

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Swiss voters reject carbon tax by overwhelming 92%

It seems the Swiss are perhaps the most sensible people in Europe.

They certainly don’t appear to be infected with the cult of gaia, after overwhelmingly rejecting a carbon tax with 92% of the vote.

Swiss voters Sunday overwhelmingly rejected an initiative that would have scrapped the Alpine country’s value-added-tax system and replaced it with a carbon tax, a move that would have made gasoline, heating oil and other forms of power more expensive for consumers.

Roughly 92% of voters opposed the initiative, known as “Energy Rather than VAT,” while 8% supported the measure, according to preliminary results from 13 of the country’s 26 cantons.   Read more »

Will Labour run on a Financial Transaction Tax?

Labour have a finance spokesman who has never worked in the real world, and basically has very little idea about finance.

It wouldn’t be surprising if he did what the Democrats are doing now they are in opposition, and promote a Financial Transaction Tax.

To pay for the plan, the U.S. would impose what Van Hollen called a tiny fee on market transactions, of 0.1%. A Democratic aide said the fee would apply to any buy or sell transactions, and include stocks, bonds and derivatives. The plan would also limit tax deductions on CEO pay above $1 million.

So far this type of tax has only been promoted by the looney left, in the form of the Alliance and Jim Anderton, Mana, and the Greens.

5. Financial Transaction Tax

The Green Party will:

  1. Involve New Zealand with the group of countries working to agree on a tax on international currency movements, to set up a fund to provide capital for poor countries to improve their social and environmental wellbeing. This would discourage currency speculation without being high enough to impede genuine trade.

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Cheese eating surrender monkeys give up on massive taxing of the rich

Stupid Cheese Eating Surrender Monkeys they even surrendered on taxing the rich massively hard.

Of course they had to surrender on the socialist utopia of taking the rich because simply put massive taxes on the rich simply don’t work.

François Hollande’s unpopular tax changes that imposed a 75% rate on earnings above €1m (£780,000) will quietly disappear into the history books from Thursday.

The French socialist president announced plans for the controversial measure during his 2012 election campaign as a means of forcing the wealthiest to help dig the country out of economic crisis.

Although supported by the left, the reform sparked accusations of an anti-business agenda. After the “supertax” was announced in September 2012 the government was accused of shooting itself in the foot by risking an exodus of high-profile personalities. Business leaders expressed fears that investors would pull out of France.

France’s richest man, Bernard Arnault, the chief executive of luxury group LVMH, took out Belgian nationality, and the actor Gérard Depardieu also moved across the border to Belgium before obtaining Russian citizenship.   Read more »

Tax the Fat Bastard not the Fat

Celebrity Chef Jamie Oliver wants to tax sugar because sugar makes people fat bastards and costs the taxpayer.

Sugary foods risk causing a public health crisis similar to smoking and should be taxed in the same way as tobacco, Jamie Oliver has said.

The television chef said sugar was “definitely the next evil” and should be targeted because of the burden it was placing on the NHS.

He said he agreed with France’s decision to impose a tax on sugary drinks and believes Britain should follow.

The problem with this is that such a broad based tax is very difficult to administer and has had little impact.   Read more »

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Dodgy socialist Argies using drones to catch out rich tax dodgers

The Argie government is using drones to catch out dodgy rich pricks who are rorting taxpayers on their tax returns.

The Argentine government has used drones to catch out wealthy tax evaders who had not declared mansions and swimming pools.

Unmanned aircraft were dispatched over an upper class area of Buenos Aires and discovered 200 homes and 100 pools that had not been detailed on returns.

Tax officials said the drones took pictures of luxury houses standing on lots registered as empty.

The evasions found by the drones amounted to missing tax payments of more than $2 million and owners of the properties have been warned they now face large fines.    Read more »

Almost as good as his cat killing policy

Here I was thinking the other day that I don’t agree with Gareth Morgan on anything much at all, except for his cat killing policy.

But I have found another thing to agree with him on.

Flat Tax.

Now that is almost as good as his cat killing policy…it could be improved by providing additional tax rebates for cat killing professionals.

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New study shows that ‘the rich’ don’t just pay their ‘fair share,’ they pay almost everybody’s share

cbo11

A US study has shown that the claims of the leftwing that the rich should pay even more tax as being just and fair in the world is based on lies.

They already do pay more than their fair share, in fact they pay almost everybody’s share.

[T]he major finding of the CBO report is that the households in the top income quintile are the real “net payers” of the US economy. The average household in the top one-fifth of American households by income paid $57,500 in federal taxes in 2011, received $11,000 in government transfers, and therefore made a net positive contribution of $46,500. The second-highest income quintile basically just barely covers its transfer payments, so it’s really the top 20% of “net payer” households that are financing transfer payments to the entire bottom 60% AND financing the non-financed operations of the entire federal government.

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