‘Tax and family’ package planned

Tax cuts may still happen but these seem likely to be limited by the need to spend on things such as earthquake repairs and prisons, plus signalled increased assistance for families.

The Government seems to be reacting to the growing discontent over inequality and the difficulties faced by the poorest in New Zealand, of which there is a substantial number who really struggle for a variety of reasons.

John Key has revealed the Government is preparing a ‘tax and family’ package.

National will be wanting to deliver on promises of tax cuts but seem to be wanting to balance that with further assistance to the less well off.

But large spending items such as prisons and on earthquake repairs will have an impact.

Vernon Small at Stuff: John Key reveals plans for ‘tax and family’ package, but quake might affect plans

The Kaikoura earthquakes have not demolished the Government’s tax cut plans but they may force Treasury to delay its half-year update while it crunches the numbers, Prime Minister John Key said.

Speaking to reporters in Peru, where he is attending the Apec Summit, he also revealed the Government is preparing a “tax and family” package for the 2017 campaign and beyond.

Key said the earthquakes were a factor that could have some impact on the Government’s plans “and we can’t say that wouldn’t”.

But they would not completely rule out the Government’s ability “to consider a range of things that we would want to either campaign on or carry out in a fourth term,” Key said.

“We’ve identified from our own perspective if there was more money where would be the kinds of areas we want to go, not what is the make up … for instance, of a tax or family package, what is the make up of other expenditure we want?”

Cash would be required for capital items, such as fixing roads and other infrastructure, but they were not recurring costs.

The difference for the “tax and family package” was that it was a recurring cost over future years.

As usual there will be a balancing act between essential expenditure, current and imposed, and policy driven changes – with an obvious eye on next year’s election.

 

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19 Comments

  1. Sheeesh, can someone translate this for me …!?

    “We’ve identified from our own perspective if there was more money where would be the kinds of areas we want to go, not what is the make up … for instance, of a tax or family package, what is the make up of other expenditure we want?”

    Note that in this ‘slight dementia’ or early onset altzhiemers version it is “tax OR family” …

    Righties regularly tear people like Andrew Little limb-from-limb for uttering this kind of non-sensical polifilic, allusionary mumbo-jumbo …

    Still, what it clearly indicates is that anything we Blue-suited Nationalites ‘give’ with one Blue-gloved palm [tax cut bribes], we shall take away with the other Red-gloved fist and insidiously donate towards the ongoing increased poverty and inequity our system is creating … Its a slightly new take on ‘Bread & Circuses’, isn’t it?

    Is this what people call ‘Centre’ politics …?
    Wow!!! *Applause* from the cheap seats …

    This is a perfect example of where politics is at. We must satisfy voter blocs and public perception and by doing so we remedy nothing and satisfy no-one at all!

    Reply
    • Alan Wilkinson

       /  21st November 2016

      Translation: We have identified some social problems we would like to fix if we have the money. We haven’t worked out the details.

      Reply
      • Gezza

         /  21st November 2016

        Yes, but alternative translation, we have identified a couple of areas where we might score more votes next election but we haven’t figured out which one will score us the most votes or whether we can afford to buy off both potential target voter markets yet?

        Reply
        • Alan Wilkinson

           /  21st November 2016

          Of course.

          Reply
          • Gezza

             /  21st November 2016

            I win again. 👍

            Reply
            • Gezza

               /  21st November 2016

              I’m starting to wonder if I’ve been watching Trumpy for too long & I might be picking up a few narcissistic traits? 😳

            • Alan Wilkinson

               /  21st November 2016

              Or you are missing your ducks and have started talking to yourself?

            • Gezza

               /  21st November 2016

              No I was talking to you. I know how to fish Al.

            • Alan Wilkinson

               /  21st November 2016

              I’m a generous soul and don’t like to see you muttering to yourself alone on the river bank.

            • Gezza

               /  21st November 2016

              I only ever aim to catch the same fish and I let it swim away because I know it’ll bite again.

            • Gezza

               /  21st November 2016

              I’m quite fond of it though. It’s a fighter.

            • Alan Wilkinson

               /  21st November 2016

              A fishy story if ever I heard one, Gezza. Time to nod off in a shady spot.

        • Way back up there, before you guys began your little tet’a’tet for today, I really enjoyed your alternative translation Gezza.

          The fact it “of course” has to fulfil both the *perceived* problem and the political expediency criteria is yet another sad indictment on our so-called ‘democracy’ Alan.

          Reply
          • Alan Wilkinson

             /  21st November 2016

            Is it really sad, PZ? It just shows politicians feel accountable to all their voters and have to respond to their wishes. If they didn’t care it would be much more sad I think.

            Reply
          • Gezza

             /  21st November 2016

            I don’t see a clear way forward for the kind of changes you want to see happen with our current political system at the moment, PZ. One thing I’d certainly like to see demonstrated is a number of successful models of businesses profitably operating and even growing along more cooperative, direct worker participation in profits lines – to prove there are viable collaborative alternatives.

            Reply
            • Alan Wilkinson

               /  21st November 2016

              Start one, G.

            • Gezza

               /  21st November 2016

              I wouldn’t know where to start Alan & I wouldn’t put the effort in to try & do so now. But it is the kind of thing that is suggested from time to time as an alternative style of business operation and as it doesn’t seem to be happening I assume it’s either not really a viable concept, the people who might have the ideas and skills to get several up off the ground & running either choose not to do so or can’t find the willing workers or financial backers.

            • Alan Wilkinson

               /  21st November 2016

              My experience may be relevant. I started working alone as a contractor. While doing so I closely worked with a young employee of a client and we got on well and were of a common mind and attitude. After a couple of years he decided to leave his company and work with me as an equal partner. He was ambitious and already had a university friend we also worked with. In the course of our work we (largely he) befriended two other young men from different companies we were involved with. We created a new company with all five of us as equal partners and took on more ambitious work and projects. That soon meant hiring staff, both junior technical and administrative. We tried to encourage staff share options and incentives but really struggled to get acceptance. There is a different mindset between those who are willing to take risks and those who want security. There is also a different mindset between those who want a 9-5 workplace and those who are committed to building a successful company. When the time came for the original five to move on and retire we found it nearly impossible to replace that entrepreneurial ownership attitude and determination. We struggled for years to do so. Luckily we eventually found the right man to take on ownership and direction. While we were struggling there was a classic demonstration of the problem at a company team building exercise we held. There was an endurance challenge which involved holding a press-up position. The two old men, my original partner and I, held out far longer than all the company youngsters. (I knew my partner would rather die than let me beat him so I finally gave in gracefully.) Entrepreneurs have pig-headed determination. Most people don’t. That is why co-operatives won’t work in the long run in my opinion and experience.

  2. Kitty Catkin

     /  21st November 2016

    My stepfather was willing to take the risks that could and did lead to great rewards. My father wasn’t; he was one to go for security, 9-5…there’s room for both ways. There has to be.

    Some are leaders, some aren’t. The young woman who was doing (and does) terrific work as a volunteer and leader of volunteers is now on the local Community Board. She is a natural leader among other great qualities.

    Reply

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