tag:blogger.com,1999:blog-11906042.post9212148145981172584..comments2024-03-22T11:55:50.335+13:00Comments on Not PC: Idiots guide to a public sector that produces no wealthPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11906042.post-35402656947971686142010-11-23T08:05:33.228+13:002010-11-23T08:05:33.228+13:00Only one problem with this.. regardless of whether...Only one problem with this.. regardless of whether I work in the export or manufacturing sectors ie, the good guy jobs, if I earn less than about $40,000 then I will be a net recipient of Govt largess through Working for Families etc.. so the actual net tax paying base in the private sector is even smaller.<br /><br />Similarly, my exporter employer can.. maybe should be seen as receiving an export subsidy in the form of a wages top up in contravention of trade agreements. And, because my topped up wages are considered a tax deductible cost my employer is not paying his full share of tax on his profits.<br /><br />Its this interwoven network of WFF and other benefits, tax benefits, big Govt and subsidies that rob us of productivity and rational decisions.<br /><br />JCJChttps://www.blogger.com/profile/00875768024598278750noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-32192641975732917292010-11-22T18:47:04.977+13:002010-11-22T18:47:04.977+13:00It's amazing how such a simple truth is so har...It's amazing how such a simple truth is so hard for so many to accept.nyokodohttps://www.blogger.com/profile/08125412365252547421noreply@blogger.com