Originally Posted by: Karl McDowell 
Hiking tax rates for those people who earn more is only a disincentive to achievement. Taking 66% or two thirds of someone's income is manifestly unjust.
You have to consider the fundamental question of why collect tax at all. We collect it so the government of the day can provide services. I agree that we can probably do with a few less public servants and politicians with their snouts in the trough, but they're just the tip of the iceberg.
The real culprit for high taxes is the thousands of long-term unemployed and legions of baby producing solo mothers who soak up social services like a sponge. As long as they are allowed to coast along without contributing to the productive economy the tax burden on working class people will always be heavy, and increasing taxes for the relatively small proportion of tax payers who are considered 'rich' won't make much difference to that.
To our great detriment as a nation we're very quick to put the boot into our achievers - the very people who have that flair for innovation and appetite for risk necessary to grow our economy. Unfortunately that mentality is the reason why so many business people and industry leaders jump the ditch to Australia.
I do not believe that the taking of 66% of the top earners income is unjust
As shown above I reiterate the facts from years past; -
''New Zealand went through a major program of tax reform in the 1980s. The top marginal rate of income tax was reduced from 66% to 33% (increased to 39% in April 2000, 38% in April 2009 and 33% on 1 October 2010) and corporate income tax rate from 48% to 33% (reduced to 30% in 2008 and to 28% on 1 October 2010). Goods and services tax was introduced, initially at a rate of 10% (then 12.5% and now 15% as [of 1 October 2010])'
THIS effectively places more burden on the lower wage and income earner and THAT is manifestly unjust!!! A million times over. The more you get the more you consume and them ore you consume the better your lifestyle -the more you consume then the more you should pay - they are still getting more it is only that the more you earn the higher tax rates you go should go onto - in other words EVERYONE is taxed the same say from zilch to $25,000 - from $25001 to say $35,000 there is a higher tax rate, from $35001 up to say $50000 another tax rate - the earner still gets more but them ore they get the higher the taxes.
Personally I think the man who comes and gets your shit over his arms trying his best to unblock your sewerage pipe is worth more than the slick bloke in a black suit who uses his wits to get you out of your shit! You might ask what right I have to say that and I might smile as I have been on both sides of the fence as both a 'worker' with NZFS and a professional The entire country is unjust. The more you earn - the more you consume and pollute and waste - the more you should be taxed.
As you can see by my figures above the more you got then the higher the tax rates you went onto over and above certain benchmarks - BUT the government being made up of HIGH income earner did themselves a favour using the excuse that 'it was to everyones benefit' and lowered all tax rates so that I was better of by ten dollars a week and THEY were better off by $1000 dollars a week - and you say thats fair...because you dont think they should have stayed at the old levels which were fairer to the lower income brackets as they didnt have to subsidise the rich sods like they do now...the rich ARE getting richer and the poor ARE getting poorer and more are dropping off the poor end while the gap between the poor and rich is widening and the gap between the rich and filthy rich is also widening.
Edited by user Monday, 23 January 2012 2:45:24 PM(UTC)
| Reason: Not specified
