RT @JoshBBornstein: 65 year study confirms my research: Tax cuts don't lead to economic growth. Ping @Nick_Xenophon , @BCAcomau https://t.…
19/08/2017 9:13 PM
RT @attn: .@Schwarzenegger has a blunt message for Nazis. https://t.co/HAbnejahtl
18/08/2017 9:38 PM
RT @PositiveMoneyUK: Make Monetary Policy Fair: It's time to explore alternatives to 'conventional' QE. https://t.co/m6CFVojm7w #QEforPeopl…
18/08/2017 9:35 PM
@deirdrekent To be expected when income is taxed and capital gain not...
16/08/2017 9:22 PM
@bernardchickey @YourHomeLoanNZ Add ring fencing loses / deal to negative gearing and we might see some balance develop in the economy.
16/08/2017 7:36 PM
@bernardchickey Or take the job and do the right thing anyway - the RBNZ is "independent" after all...
16/08/2017 7:34 PM
@bernardchickey Not take the job because you would know you would be on a hiding to nothing. The link between earn… https://t.co/nxPRuAaT6t
16/08/2017 7:31 PM
RT @theyearofelan: Sure, the cancer was aggressive. But the chemotherapy was also very aggressive. There was aggression on both sides
16/08/2017 7:27 PM
@bernardchickey DTI+LVR+OCR all needed for financial stability & inflation.RBNZ can then push back on dumb policy f… https://t.co/CqXISZUHGq
16/08/2017 7:27 PM
@SelwynPellett Farming capital gains makes it hard to pay current expenses hence the need to externalise costs. Th… https://t.co/J1yevZAHft
14/08/2017 5:46 PM
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17
FEB 10

Chamberlain or Churchill




Its the economy stupid.

The tax system is broken, the economy is broken. As a result of absent investment in the real economy (monetary policy killing exporters), we are not creating well paid jobs, but the “state” has to be paid for so we have to tax low and middle earners heavily, sadly they cant make ends me so we invent stuff like WFF – that demands yet more tax and we all slowly sink (fiscal policy kills productive activity).

The TINAs (there is no other way) would have us think that is all there is, this trajectory will not change fiddling and tinkering around the edges.

A week ago we got a Chamberlain but we need a Churchill – any takers?

Much more here:

http://www.interest.co.nz/ratesblog/index.php/2010/02/15/labours-david-cunliffe-talks-about-john-keys-tax-reform-repeats-offer-for-bi-partisan-talks-on-property-taxes/


tags: tina, economy, fiscal, monetary
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