I
don’t vote National, they’re almost the socialists, and every bit the statists,
that Labour are, just a tad more fiscally responsible, given Cunliffe’s
besotted Keynesianism. However the mooted minor tax cuts three years out are
important symbolically in a way the LeftTwits cannot understand having turned
their backs to the free society, though is plain to Libertarians who realise
that tax is the truncheon on our backsides of the tax surveillance state. I
explained it to Labour candidate, tax lecturer, Deborah Russell, and I publish my
advice merely as a service to the confused, tormented Left who’re also flailing
about in their anger and ignorance over #dirtypolitics having not changed the
polls one bit – I give of myself like this, no charge, because I’m a helpful soul:
It's a bit hard to have a "stark choice" on tax and the economy when one side just waves its hands in the air and says, "whatuver".
— Deborah Russell (@BeeFaerie) September 8, 2014
@BeeFaerie Nats move was symbolic to highlight under the Left taxpayer is slain by raft of new taxes & higher rates. In end, thankfully 1/2
— Mark Hubbard (@MarkHubbard33) September 8, 2014
@BeeFaerie ... Workers & business vote 4 lower tax as that means less State interference in their lives. #Freedom
— Mark Hubbard (@MarkHubbard33) September 8, 2014
just a tad more fiscally responsible
ReplyDeleteOh come on! Labour under Clark & Cullen paid back nett debt to zero.
National under Key & English borrowed sixty billion and are still at it.
There's no way Labour would have got away with borrowing half as much. Sure you wouldn't have liked their approach - massive tax hikes to pay for welfare - but that is more fiscally responsible than borrowing and flushing every borrowed cent on welfare, which is what Key did.
Of course, a really fiscally responsible government would have ended welfare as soon as the GFC hit, sold the schools and hospitals and all the other state liabilities, and told Christchurch the truth: we can never afford to rebuild - and passed a law making the insurance companies immediately pay out e.g. 10c on the dollar and call it done.
But Key never saw a borrowed billion dollars he didn't want to flush away on benefits to win an election.
To reiterate: real tax cuts are perfectly possible right now.
ReplyDeleteWe just need to end welfare, and sell the schools & hospitals. No, not capitalise the super so no one is worse off, and hand out lots of state subsidies benefits to parents to buy vouchers, to the sick etc and pay for free insurance of whatever the libs wanted.
We just need to stop benefits and sell the schools and hospitals NOW.
Hold that though: I don't mean sell - I mean give away, or simply bulldoze to the ground.
ECON101.