• Re: No 'tax cuts' now

    From Allistar@3:770/3 to Crash on Friday, May 13, 2016 14:52:55
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the tax system fairer (i..e. flatter).

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Crash@3:770/3 to All on Friday, May 13, 2016 14:44:02
    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Gordon@3:770/3 to Allistar on Friday, May 13, 2016 08:37:46
    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the tax system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or perhaps the majorities point of view.

    The same goes for a fair wage spread. (What a job is worth)


    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to Gordon on Friday, May 13, 2016 21:05:48
    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not decided
    on by a majority vote. The most fair tax system would be one where people
    pay the same dollar amount.

    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it have agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Friday, May 13, 2016 22:33:44
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts, >>>> it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the tax >>> system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or
    perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not decided >on by a majority vote. The most fair tax system would be one where people
    pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale? Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it have >agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to Gordon on Friday, May 13, 2016 22:29:33
    On 13 May 2016 08:37:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or >perhaps the majorities point of view.

    The same goes for a fair wage spread. (What a job is worth)


    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.
    Yes, National made a great fuss about indexing limits for different
    tax rates, but they don't seem to be talking abut that now.


    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Friday, May 13, 2016 14:00:22
    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts, >>>> it is good to see that National are planning on other spending rather >>>> than tax cuts in the next year or two at least. Sanity has prevailed. >>>
    I disagree. There should be massive tax cuts as they look to make the tax >>> system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or >> perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not decided >on by a majority vote. The most fair tax system would be one where people >pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what fair minded people would exist for tax - a flat rate.

    Dumbarse.

    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it have >agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket >>>> and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in >>>> income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Saturday, May 14, 2016 10:37:31
    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts, >> >>>> it is good to see that National are planning on other spending rather >> >>>> than tax cuts in the next year or two at least. Sanity has prevailed. >> >>>
    I disagree. There should be massive tax cuts as they look to make the tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or >> >> perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not decided
    on by a majority vote. The most fair tax system would be one where people >> >pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what fair minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.


    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it have >> >agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket >> >>>> and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in >> >>>> income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Friday, May 13, 2016 16:07:30
    On Saturday, 14 May 2016 10:37:32 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax
    cuts,
    it is good to see that National are planning on other spending rather >> >>>> than tax cuts in the next year or two at least. Sanity has
    prevailed.

    I disagree. There should be massive tax cuts as they look to make the
    tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view,
    or
    perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not
    decided
    on by a majority vote. The most fair tax system would be one where people >> >pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what fair
    minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.


    Indeed. That's why I was talking to you, Dumbarse.


    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it
    have
    agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket >> >>>> and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in >> >>>> income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Saturday, May 14, 2016 15:40:53
    On Fri, 13 May 2016 16:07:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Saturday, 14 May 2016 10:37:32 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts,
    it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the
    tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view,
    or
    perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not decided
    on by a majority vote. The most fair tax system would be one where people
    pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what fair minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.

    Indeed. That's why I was talking to you, Dumbarse.

    The refuge of the right when they are losing - personal abuse,
    distraction, and as a last resort run away. We saw that with Key - a
    scripted rant that avoided the issues, followed by a staged eviction
    from the House to avoid any further enbarrasment. Posters that
    consistently act as you are called trolls, JohnO - may you and troll
    Pooh enjoy your short time on Planet Key . . .



    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it have
    agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this. >> >> >>
    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Friday, May 13, 2016 21:14:29
    On Saturday, 14 May 2016 15:40:54 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 16:07:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Saturday, 14 May 2016 10:37:32 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax
    cuts,
    it is good to see that National are planning on other spending
    rather
    than tax cuts in the next year or two at least. Sanity has
    prevailed.

    I disagree. There should be massive tax cuts as they look to make
    the tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of
    view, or
    perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not
    decided
    on by a majority vote. The most fair tax system would be one where
    people
    pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the >> >> same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what
    fair minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.

    Indeed. That's why I was talking to you, Dumbarse.

    The refuge of the right when they are losing - personal abuse,

    ROTFLMAO @ Dickbot. He's been telling us the right are losing since 2007 and he
    gets more wrong every year!

    distraction, and as a last resort run away. We saw that with Key - a scripted rant that avoided the issues, followed by a staged eviction
    from the House to avoid any further enbarrasment. Posters that
    consistently act as you are called trolls, JohnO - may you and troll

    Whatever Dickbot. You parrot the left line year after year and are still a loser.

    Pooh enjoy your short time on Planet Key . . .



    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit >> >> of $1 get the same interest as $100,000? Or shoudl tax on the interest >> >> received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high >> >> earners have opportunities for tax minimisation that are not avaialble >> >> to others, and some large international companies (like Apple, Google) >> >> have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it
    have
    agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of >> >> >>>> 'bracket creep' where a taxpayer's income rises into the next
    bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase
    in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts? >> >> >>>
    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this. >> >> >>
    Does make logic sense though.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to rich80105@hotmail.com on Saturday, May 14, 2016 17:27:10
    "Rich80105" <rich80105@hotmail.com> wrote in message news:j47djbpsll6buskoma1akbp9lqavmgu93l@4ax.com...
    On Fri, 13 May 2016 16:07:30 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Saturday, 14 May 2016 10:37:32 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax >>> >> >>>> cuts,
    it is good to see that National are planning on other spending
    rather
    than tax cuts in the next year or two at least. Sanity has
    prevailed.

    I disagree. There should be massive tax cuts as they look to make >>> >> >>> the tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of
    view, or
    perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not >>> >> >decided
    on by a majority vote. The most fair tax system would be one where
    people
    pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the >>> >> same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what >>> >fair minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.

    Indeed. That's why I was talking to you, Dumbarse.

    The refuge of the right when they are losing - personal abuse,
    distraction, and as a last resort run away. We saw that with Key - a scripted rant that avoided the issues, followed by a staged eviction
    from the House to avoid any further enbarrasment. Posters that
    consistently act as you are called trolls, JohnO - may you and troll
    Pooh enjoy your short time on Planet Key . . .


    The only trolling bastard in this ng is you Rich. Rather than tell everyone else how to behave it might be an idea if you practiced what you preached.
    but then like most ignorant and obnoxious marxis (socialists in RichTrolls newspeak dictionary) muppets you are a practicing hypocrite who can see
    nothing wrong with the Labour party and others while seeing his own warts
    and boils on others. I guess JohnO like me WILL enjoy our lives while
    watching a dumbarse like you Rich continue to pumb new depths of both
    stupidity and insanity like your ever failing Labour party and it's union
    goon leader.


    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a
    deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the
    interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high >>> >> earners have opportunities for tax minimisation that are not
    avaialble
    to others, and some large international companies (like Apple,
    Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading
    it have
    agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because
    of
    'bracket creep' where a taxpayer's income rises into the next
    bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher
    increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax
    cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about
    this.

    Does make logic sense though.

    Hypocrisy: Only the left do it better than others.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to rich80105@hotmail.com on Saturday, May 14, 2016 17:28:06
    "Rich80105" <rich80105@hotmail.com> wrote in message news:82bbjb1750ji7n0pfbr573pat7o50vo70i@4ax.com...
    On 13 May 2016 08:37:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts, >>>> it is good to see that National are planning on other spending rather
    than tax cuts in the next year or two at least. Sanity has prevailed.

    I disagree. There should be massive tax cuts as they look to make the
    tax
    system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view, or >>perhaps the majorities point of view.

    The same goes for a fair wage spread. (What a job is worth)


    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket
    and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in
    income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.
    Yes, National made a great fuss about indexing limits for different
    tax rates, but they don't seem to be talking abut that now.


    Only in your tiny demented mind RichTroll :)


    Does make logic sense though.


    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to JohnO on Sunday, May 15, 2016 08:08:03
    On 5/14/2016 4:14 PM, JohnO wrote:
    On Saturday, 14 May 2016 15:40:54 UTC+12, Rich80105 wrote:

    The refuge of the right when they are losing - personal abuse,

    ROTFLMAO @ Dickbot. He's been telling us the right are losing since 2007 and
    he gets more wrong every year!

    And has any-one asked the dipshit as to the latest poll results?

    distraction, and as a last resort run away. We saw that with Key - a
    scripted rant that avoided the issues, followed by a staged eviction
    from the House to avoid any further enbarrasment. Posters that
    consistently act as you are called trolls, JohnO - may you and troll

    Whatever Dickbot. You parrot the left line year after year and are still a
    loser.

    The Speaker felt so sorry for the greens that he temporarily rid them
    of their chief tormentor

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to All on Sunday, May 15, 2016 17:13:05
    Rich80105 wrote:

    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax cuts, >>>>> it is good to see that National are planning on other spending rather >>>>> than tax cuts in the next year or two at least. Sanity has prevailed. >>>>
    I disagree. There should be massive tax cuts as they look to make the
    tax system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of view,
    or perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not >>decided on by a majority vote. The most fair tax system would be one where >>people pay the same dollar amount.

    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale? Or that all vehicles cost the same?

    We are talking about taxation, not free trade.

    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000?

    We are talking about taxation, not free trade.

    Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for

    The same rates is not what we have. We have progressive rates. That's not
    the same at all.

    - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.

    Irrelevant to this discussion.

    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it
    have agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next bracket >>>>> and the long-standing disadvantage where taxpayers who achieve
    increased income also achieve a disproportionately higher increase in >>>>> income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to All on Sunday, May 15, 2016 17:14:35
    Rich80105 wrote:

    On Fri, 13 May 2016 14:00:22 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Friday, 13 May 2016 22:33:47 UTC+12, Rich80105 wrote:
    On Fri, 13 May 2016 21:05:48 +1200, Allistar <me@hiddenaddress.com>
    wrote:

    Gordon wrote:

    On 2016-05-13, Allistar <me@hiddenaddress.com> wrote:
    Crash wrote:

    Interesting to see this:

    http://www.stuff.co.nz/business/79919278/budget-2016-hikes-to-health-education-expected-as-tax-cuts-put-on-hold

    While I have long thought that there is no real appetite for tax
    cuts, it is good to see that National are planning on other
    spending rather
    than tax cuts in the next year or two at least. Sanity has
    prevailed.

    I disagree. There should be massive tax cuts as they look to make
    the tax system fairer (i..e. flatter).

    The question of a fair tax system is based only on ones point of
    view, or perhaps the majorities point of view.

    "Fair" means to treat everyone the same, without prejudice. It's not
    decided on by a majority vote. The most fair tax system would be one
    where people pay the same dollar amount.
    Why? Would it be fair to insist that a real estate agent receives the
    same commission for every sale?

    They do receive the same commission *rate* for every sale. Exactly what >>fair minded people would exist for tax - a flat rate.

    Except Allistar said "The most fair tax system would be one where
    people pay the same dollar amount."

    Not the words above: "tax system". Why then have you starting talking about commissions paid to real estate agents? It's an irrelevance.

    As far as real estate agents are concerned, there are of course a
    range of rates for different companies, but most charge graduated
    rates that are higher for the first tranche of sale price achieved,
    and reduce for amounts over certain limits - a bit like graduated tax
    rates, really.


    Dumbarse.
    Allistar is entitled to his views without personal abuse from you
    JohnO.

    Oh dear. You really do stoop to low levels.

    Or that all vehicles cost the same?
    Interest is usually calulated on a percentage basis - should a deposit
    of $1 get the same interest as $100,000? Or shoudl tax on the interest
    received be the same in dollar terms? Using the same rates is in any
    event what we have voted for - but of course as we now know many high
    earners have opportunities for tax minimisation that are not avaialble
    to others, and some large international companies (like Apple, Google)
    have opportunities for tax minimisation that are not avaialable to
    small New Zealand companies.


    The same goes for a fair wage spread. (What a job is worth)

    A product or service is worth what the two parties that are trading it
    have agreed upon.

    That's what you get when you have a leftist government.

    Note that a 'tax cut' is not necessarily what it seems because of
    'bracket creep' where a taxpayer's income rises into the next
    bracket and the long-standing disadvantage where taxpayers who
    achieve increased income also achieve a disproportionately higher
    increase in income tax.

    Is it possible to address 'bracket creep' without using tax cuts?

    Index the brackets to the wage inflation index.

    To date no Government or political party has even talked about this.

    Does make logic sense though.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)