The National Party promised “significant” income tax cuts in their first term. We never got them. They never intended them. Instead, we got “stimulus” and “home insulation subsidies”—and excuses that didn’t add up.
Promised again the next term, a few got a minor tax cut, “balanced” with a significant hike in GST for everybody in the country. (Despite a promise not to raise that at all!)
The promise for the third term had been watered down to “no new taxes.” And already, only a short time in, that promise too has been well broken.
So what are we to make of John Key “not ruling out” tax cuts in 2017?
After taking you for granted for so long, does it sound to you like the same old bullshit and jellybeans again? It sounds like that even to National blogger David Farrar, who says
I’m sorry but unless the tax cuts are in next year’s Budget, why should we believe we’ll get them? We’ve been teased with the possibility of tax cuts for the last term, and if they’re not going to deliver them in next year’s Budget, then why should people believe they’ll get them in a fourth term?
So if it beggars belef for core National supporters, how much less believable is to anyone else.
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1 comment:
The J Key gov't is not a low tax free market gov't. It is a high tax corporate welfare capitalist gov't. Or private public partnerships or crony capitalism. There is a 3.5 million dollar lodge going to be built in the Pureora forest to support the tax payer subsidized cycle way and it is going to get 1.2 million dollar gov't grant, and we wonder why not only are we not going to get tax cuts but why gov't debt increases by $1000s every six seconds or so. Sooner or later more taxes will be needed by gov't to fund these corporate largess's.
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