Wednesday, August 18, 2010

Dunne divvies up the dough

MacDoctor asks the question this morning, when will it be enough? He was referring specifically to benefit levels. I'd ask the same about Working For Families;

Transfers via tax credits to families with dependent children have become larger in value and more widespread in recent years. In 1998, an earlier form of payments, also mainly delivered via the tax system and which targeted the same groups as WFF does, went to 280,000 families, with an average annual receipt of $3,500. In 2008, WFF was received by more than 384,000 families at an average annual amount of $6,500. Over the intervening decade, the number of recipient families grew by 37% and their average receipt by 84%. Currently, a working family with three children, all aged under 13 years, would still receive some amount of WFF tax credits provided their annual income is below $106,000.


And in 2009 the annual bill rose again to $2.7 billion.

And now couples with children want income-splitting as well?

It is no wonder we get socialist government after socialist government.

I thought the drive from National was for a simpler tax system yet churning ...churns on. Simple = don't take it off them in the first place. Then we could start replacing dead-weight bureaucrats with productive workers.

But no. We have companies crashing while politicians continue to debate how best to confiscate and divvy up the dough to keep themselves in their positions of power, prestige and privilege.

2 comments:

Manolo said...

Socialism unabated.

I'm seriously considering departing these shores. :-)

Anonymous said...

I'm seriously considering departing these shores. :-)

You mean you haven't left yet??

Frankly anyone still living in NZ is by definition a communist.