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Why would we want "the wealthy" being net beneficiaries of the tax system?

The top three deciles are the only ones contributing anything, with the top decile doing most of it.

Why are you advocating they pay as little as the poorest beneficiaries? You can't have a society where everyone is a net taker.

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@therealgregjack It’s poll driven. Luxon still looks likely to be PM after next election but Starmer was going to be destroyed.

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@teesider61 Eh, or make it means tested?

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I don’t know if you know this but it’s really rather regulated. For example, try buying a lump of land and then just building a house on it without permission or in the wrong way.

You’ll soon find that you can’t just “create” that kind of asset, we artificially create scarcity there.

Similarly if you want to issue other assets like stocks or bonds, there’s more than a few regulatory hurdles plus they need to actually represent some useful value. That’s often the hard bit there.

Put another way, we created far more money than we created new assets or real asset value.

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"Donations", is that this year's Atlas boogeyman?

ACT raised about $2.4m last year, almost exactly the same as Labour.

$2.4m! That gets you one or two decent multi-week print campaigns. That's it, then its gone.

I don't know what you are trying to suggest with your sinister handwaving at "donor mates", but the reality is extremely modest and very boring.

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60% of NZers effectively don’t pay tax already. They pay negative net tax - they already receive more in benefits than they contribute.

Do you think there’s a tipping point somewhere where it’s ineffective to soak the productive 30% further? Where you actually get less juice the more you squeeze?

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@NZMAGAMike No can do, we’re in a fuel crisis and we need to limit everyone to one cup of petrol a week immediately!

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@boydparatene Okay so we’re agreed that “gifting back” is just politicising something and not actually a real thing. Good!

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@NZMAGAMike Yes, one of them is a man, according to the nasty internet rumours

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@rustie5555 The dumbest electorate in NZ will elect the dumbest representatives. This is what they ordered, they must eat it.

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@Feijoa_Chutney If I get in trouble for speaking my mind in work, I'll donate my settlement to the free speech union

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@PedagogyMaxima We have publicly owned water, I think you got that back to front.

The election prevented the privatisation of water governance.

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@Jojococomarolit Get a job then. Everyone who has a job got the tax cut.

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@nettieg3 I'm pretty sure this is fake news/click bait, probably AI generated.

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@nettieg3 Which charity is this? I can't find any reputable news stories about it

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@AynRandy666 Do you think this makes it more likely, or less likely, that new useful drugs (like expensive weight-loss drugs) get made available to people?

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@JonesVincentt Oh god, so no new expensive medicines approved then is what I am hearing

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Huh? Even the quickest of searches shows newsroom articles from 2023 with names like "National, tell us how your plans add up" and "National's fiscal plan doesn't answer tax cut questions".

https://t.co/YPw2sieWB7

https://t.co/oUiPZmBKAW

There's real things to criticise, you don't need to invent boogeymen.