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Joined
3 yr. ago

  • Wow. Twice in a month. We must have stepped into the twilight zone....I agree with Seymour again.

    This is a great suggestion.

  • It really depends on which policy you look at.

    e.g. (not the complete list)

    Left wing:

    • Free public transport. IMO this is pure left wing policy, it is good and makes sense but is unambiguously left.

    Right wing:

    • Abundant energy. This is right wing, the government underwriting the risk in new energy development. It is working well in Australia, but this is firmly right wing.

    Both left and right:

    • Tax reset. This is probably the most easily painted by either side as the opposite. It is both left and right, it is tax cuts (right) and wealth redistribution (left). I think it is (if it goes through) going to be stimulatory, and directly cause growth, but could also be an inflation driver.

    Not left or right:

    • Clean up politics. Politics is broken, both the left and right agree on this (they just blame each other). It is politics about politics, not really left or right; it is meta policy.
  • Indeed

  • Hopefully, I really think everyone that can vote should vote.

  • Out of touch boomer joins party that promotes inequality.... Seems fitting.

  • NZ Politics @lemmy.nz

    WTF NZ - Paul Henry for ACT

  • NZ Politics @lemmy.nz

    Another day, another good poll for Opportunity.

  • As long as your council splits out the LV vs improvements value on the rates bills; it is fairly easy. For renters it matters a lot less, since they won't pay the tax directly anyway.

    Opportunity has said that they will not reinvent the wheel here either; they will piggyback on the council data of land value; reducing any extra overhead to run that part of the system.

  • especially now they’re being explicit that they will go with either National or Labour.

    This messaging hasn't changed at all since at least the end of last year, when they were asked.

    If we assume that Nat/Lab will be in the drivers seat approx 50% of the time each; having a party that will work with either side to ensure long term planning and stability is important.

    Especially in 2023, we had a clear Left/Right divide; it was basically FPTP with extra steps.

    MMP is supposed to be about compromise and finding solutions that serve more of the population; not using urgency to ram through unpopular legislation while you have control; which will inevitably be pulled apart by the other side when they get in.

    I'm pretty sure we are in for a different style leadership next term. If Opportunity get in; there will need to be a lot more conversations.

    The other thing that has be stated; is that they will talk to the party with the highest share of the vote first. Which on current polling is Labour. So change is more likely that not with the current numbers.

  • NZ Politics @lemmy.nz

    Opportunity at 6.5%

    This was just sent to me....I don't do facebook.

    Roy Morgan from 6% last month to 6.5%. This is after the 4.6% Verian poll late last week.

    Momentum is building. It is looking very likely that they will get into parliament this time.

  • From their announcement; during their "match may" campaign which matched your donation with an equal donation from a big donor; they got around $220k from ~1500 donors, when matched was $440k.

    They are not doing too bad on the money side, and it shows, they have more advertising and presence around the place.

  • I'd be happy if the get in, provide stability and a clear long term vision.

    Being able to work with both national and labour, which will be in power around half the time each, is important.

    If they take sine green votes to do it, that it the voters speaking.

    Mostly I want them to get more votes than act, and thus more bargaining power.

  • Quite wrong.

    Opportunity are hard to pin down; as the left-right divide doesn't apply to them very well.

    The media wants desperately to shove them into a partisan box; but they don't fit.

    Some policy looks very "left" - free public transport. Some look to be from the "right" - abundant energy. Their tax policy doesn't really fit either left or right.

    Specifically on tax policy, if you look from the right it feels very "left"; but if you look from the left it looks quite "right". But really it is both; it looks like redistribution of wealth, but it also looks a lot like tax breaks. So both left and right at the same time. More people will have more money to spend, thus it is stimulatory; which in theory should grow the economy. What it does do (hopefully) is to move investment away from property as the ONLY thing we do; to other things that actually generate wealth.

  • Nice little bit of framing here

    The left-centre-right positioning of the logos...someone is thinking.

  • Corporate tax? Every $ they’re paying tax on could have been used to pay their employees better.

    You know that the tax is paid on profit right; money they pay to employees is an expense and thus not taxed.

    They could pay their employees more and reduce their tax burden currently and in the Greens tax plan.

    Lets run a thought experiment:

    • If we raised the corp tax rate to 100%; all profit goes to govt shareholders/owners get nothing.
    • Corps would work very hard to ensure their expenses; matched as closely as possible to the income they receive.
    • One easy way to do this is at the end of the tax year; give bonuses to employees (who then pay income tax) to balance your expenses exactly to your income.

    And another:

    • If we drop the corp tax rate to 0%; all profit goes into the pockets of the shareholders/owners
    • Corps would work very hard to ensure the expenses are as low as possible to get the most for those who own the business.
    • One easy way to do this is to squeeze the employees pay as low as is possible.

    Obviously there is a happy medium between 0-100%; that exact number is up for debate. But lowering the corp tax rate does not necessarily incentivize higher employee pay. In fact the opposite would be true in many cases; especially in mature industries where labor is not constrained.

  • Opportunity are running a party vote campaign. So vote opp for party and labour for candidate... Get the best of both world's.

  • No announcements required, just fast track to corruption

  • It isn't just the 7 tax brackets, that isn't that hard to deal with.

    It is the complexity with valuing a bunch of stiff to calculate tax on.

    The inheritance tax isn't a bad idea, we are an outlier internationally WRT to this.

  • Huge increase in complexity to achieve this.

  • There are a few things to like here. I would rather the number were a little more clear.

    I would rather see the total tax take; not just the differences. Where thy say "tax setting changes -$2,335M" I would like to know is that 10% less or 2%; so I could compare it to the proposed tax increase from the other sources they are expecting.

    From budget 24/25 contributions from individual tax were $62.2B; which gives us a better understanding of how these numbers stack up.

    So individuals will collectively get about a 3.75% tax cut; weighted to the lowest income earners.

    Corporate tax was $18.2B which if I'm reading their policy correctly, will increase to $20.15B. Which is about a 10% increase.

    New taxes and restoring landlord taxes will gain an additional $5.37B.

    So for the entire $136B crown revenue the increase is ~4%.

    As an Opportunity supporter I have to contrast it with their policy to see how it stacks up:

    OpportunityGreen
    Headline thingCitizens IncomeTax super rich
    Tax Brackets37
    Wealth tax typeLand Value TaxValuation based system
    Net tax difference+$4.1B+$5.3B
    Complexity (admin cost)ReducedIncreased
    Ave wage comp ~$68k+$6,651/yr (with $300k land)+$577/yr
    Ave wage comp ~$68k+$11,901/yr (renter)+$577/yr
  • NZ Politics @lemmy.nz
    absGeekNZ

    Memes

    Why not, why shouldn't I post it.

  • NZ Politics @lemmy.nz
    absGeekNZ

    Next will be sharks with fricking lasers

    Maybe Luxon could get some ideas here

  • NZ Politics @lemmy.nz
    absGeekNZ

    Ex-Education Ministry staffer says new school curriculum heavily politicised

    political interference in the new curriculum!

  • NZ Politics @lemmy.nz
    absGeekNZ

    Good work Newsroom.

    Political division is taking hold in NZ and we need to turn it around.

  • NZ Politics @lemmy.nz
    absGeekNZ

    Election year!

  • NZ Politics @lemmy.nz
    absGeekNZ

    Why Democracy Rewards Idiots — Plato Saw It Coming 2,400 Years Ago

    Quite relevant for this year.

  • NZ Politics @lemmy.nz
    absGeekNZ

    Angry centerists

  • NZ Politics @lemmy.nz
    absGeekNZ

    Opportunity: TOP rebrands as it chases 5% MMP threshold