@Mick_Peel Fortune favours fortune...
23/10/2017 5:31 AM
RT @EvonomicsMag: "Reducing taxes on the very wealthiest on the idea that they are 'job creators' is folly. Jobs are the consequence of an…
22/10/2017 9:04 PM
RT @tonywestonuk: The lie at the root of all our troubles that many left leading socialists *still* believe. The truth is the exact opposit…
22/10/2017 8:58 PM
RT @EricRWeinstein: At #inet2017, Trump/Brexit is making it all but impossible to deny 40yrs of bankrupt orthodox Economics as facilitating…
22/10/2017 8:27 AM
@JanetYellenBlog @Mick_Peel Really - well bugger me....
22/10/2017 8:08 AM
RT @OECD: "People should be at the centre of policies" - #ChampionMayors commit to #Seoul Implementation Agenda https://t.co/7OUNmAZCON (PD…
21/10/2017 12:49 AM
@GaneshAhirao You are right - courage to confront the doomsayers is key.
21/10/2017 12:46 AM
@GaneshAhirao @NZMorningReport Worries always overblown - take currency range over past year last days = nothing si… https://t.co/7SOCTB8oMR
21/10/2017 12:44 AM
RT @stujanderson: Amazing how few understand this. Nothing suddenly happened to supply 20 yrs ago - but lenders did start dishing out 7 x e…
16/10/2017 11:04 PM
RT @spexyone: Are you of a certain age ? https://t.co/lVlkwuH5jD
16/10/2017 9:22 AM
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20
MAY 10

Budget 2010




$1b (that is 9 zeros) a month for 36 months on the assumption of 3% growth - realistic?

Does this budget address the net debt ($168b or 90% of GDP) problem?

Spending and tax take will have to be addressed, today will not be sufficient on both sides and more go rounds will be necessary. Need still to talk about:

- Means tested state superannuation.

- Progressively increases to the age of entitlement to state superannuation.

- An end to tax free loans for students.

- Land or comprehensive capital gains tax.

- Lower taxes on incomes.

- Death duties.

- A policy framework for the productive economy that matches the rhetoric - get the speculators out of our currency.

For a start.
 


tags: budget, english
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