On 11 Jun 2023 01:35:18 GMT, Gordon <
Gordon@leaf.net.nz> wrote:
It is a bit confusing as there is no tax to $10k and a 2.5% wealth tax over >$2 million. Along with an increase to 45% over $180K. So like all tax cuts
it really needs a table to find out who benefits.
This is clearly no tax cut, it's a tax increase to achieve the woke
goal of "equity". And a "wealth tax" is pure theft, they want to
outright confiscate people's money every year. Did Stuff really label
that as a "tax cut"? Never buy into the media spin, always assume the
media is lying to you, as a first take.
The final result of socialism is that everyone lives in poverty except
for the rulers. But if they bring in a "wealth tax", first all the
well-to-do will flee NZ, then the rest of us settle into the uniform
poverty of a third-world country, and lose our electricity into the
bargain.
Once again they make the ludicrous claim that people can't feed their
kids, when the poorest people have the fattest kids nowadays, as
anyone can see who actually looks.
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