Goff goofs the numbers

On the day that Phil Goff needed a faultless execution of his tax grab plan to appear credible he has goofed.

Labour has now spent these dividends many times over.

In Government Michael Cullen claimed the dividends from power companies would be used for new energy generation, then David Parker promised to spend the money to fund the uncosted home insulation programme.

In September 2009 Phil Goff said Labour wouldn’t actually take the dividends at all and yesterday Labour said they needed the dividends for something else altogether.

These power companies are amazing.  It seems you can spend their dividends over, and over, and over again.

 


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