Tuesday, 4 August 2015

No free trade, just a 15% hike

So instead of a free trade deal that takes tariffs of every item that comes into this country wholesale, this government is instead about to announce a deal whereby a 15% tax will be added to everything that comes in retail – onto everything you and I buy offshore.

The threshold for paying GST on foreign products bought online could be cut to $20 or even zero, Prime Minister John Key says.

You think back to John Key’s signature phrase of the election and in the absence of anything actually special to note you start to wonder ... is this the sort of thing he meant when he said we are on the cusp of something special?

This and, in the same day, a ban on Johnny flying his model plane in the park?

We’re certainly on the cusp of something, but it’s not feeling very fucking special.


1 comment:

  1. As an economic policy it is rather special, but in the "special education" sense of the term.


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