Libertarianz leader Dr Richard McGrath ransacks the newspapers for stories and headlines affecting our freedom.
This week: Goff proposes robbing the rich to bribe the poor
- DOM POST: “Tax The Rich, Help The Poor, Says Goff” – Labour’s leader suggests making the first $5k of income tax-free, while increasing tax rates on high earners and setting up a Tax Avoidance Taskforce. . .
THE DOCTOR SAYS: This is one step forward and several backward. Goff has taken the first step in the Libertarianz Party’s income tax policy, and despite chopping a zero off the end makes a positive move. Leaving the first $5,000 of people’s income unmolested is a good idea; allowing people to keep the first $50,000 would be better – and achievable, if governments simply stopped spending other people’s money on things that are none of their business. So far, so good.
Goff then reverts to the standard left-wing politics of envy as he bashes successful people and suggests stealing more of their money. It appears he wants to raise the top tax rate to around 45 cents in the dollar. When you factor in GST and ACC levies, self employed people will end up paying about 60 cents in the dollar in tax. That’s heading back into Muldoon territory.
Goff also wants to set up a Tax Gestapo which he calls an Anti-Avoidance Taskforce: a government office with the specific purpose of stopping New Zealanders from structuring their income in order to best protect their assets. That’s disgusting, Phil. The ghouls from Inland Revenue have already driven people like Ian Mutton to suicide; why give them even more power to destroy lives and families?
Will the Labour Party please release a statement, pledging that all its MPs are paying the maximum amount of tax possible, and are not using any legal means of tax avoidance. If not, could Phil Goff explain why he hasn’t got his own house in order first before attacking other people who are legally trying to stop their money being redistributed?
I am heartily sick of the success-bashing engaged in by people like Phil Goff and Winston Peters. They always view high earners as undeserving of the money they make. For some reason that doesn’t apply to people on low incomes. Those people, according to Goff and others, deserve everything they get, and more.
The Libertarianz Party believes in the sanctity of private property, and abhors attempts by the envious to punish success. We believe that income tax should not only be abolished, it should be criminalized as another form of extortion.
“Mr Goff said 'rebalancing' the tax system would ensure
everybody paid their fair share.”
- New Zealand Herald
“I would like to electrocute everyone who uses the word ‘fair’
in connection with income tax policies.”
- William F. Buckley, Jr.