Key's big tax changes - GST tipped to go up

gst increase is stupid !

IS NZ crazy!? Prices are going up by almost 2.5% and no one is even bothering to protest!? John Key doesn't deserve to make the civilians suffer. The only person getting richer is him! For once, he could start thinking about how the people feel about this.!

Stacey has it. The total cost of GST and the ETS (scam) = 25% This comes from + 2.5% on GST = 15% Plus 10% on power and fuel from the emissions scam. Producers will be passing these costs onto consumers and their business customes. The government have gone silent on this and refuse to answer questions on the now exposed Global Warming Fraud that support ETS. As have liarbour. New Zealand are economically adrift. Australia has binned ETS, the UK will, China refuse it, The US will never approve it. What does this mean? Elderly will not be able to afford heating this year. Unemployment will rise as businesses go under in not being informed of this double con.

As a small business I find that raising the GST prices is stupid why? For the past 4 weeks there are 2 groups of smalls businesses working together to try and combat the issue of GST because when it increases alot of businesses are not going to make the same amount of profit as their prices go up considerably which means more business closures, more unemployed = screwing the economy.

add the GST rise the costs of the emissions trading scam coming in. do the math people

Many of your readers do not fully understand the mechanics of GST. They have a rosy picture of the nice people behind the throne of having the peoples’ welfare and interests at heart. This is further from the truth, as they sneeringly despise the”unwashed” and refer to the 99.98% D** W* factor in vulgar terms. Nine years ago, I explained governmental policy to a crowd of 200 people, this nearly turned into a riot and I was frightened. I quote the speech I made, as told to me by my cousin a director of 12 UK companies and owner of James Bond's car used in Gold Finger. The British Government’s policy (New Zealand’s governments after 1984) was they only wanted a handful of workers to keep the show going, and they will have to look after the rest. This policy spelt out economic disparity and doom, there would be a reduction of jobs for the people on low wage incomes, and now the essential workers were to fund all the social services. The British Government implemented a 17% form of VAT or GST tax. This caused a catastrophe, including high inflation, making the British Pound valueless resulting the majority of people in Britain being poor and having virtually no savings. The Bank of England’s or the City of London’s casino “house of cards” lending out money policies, on a 40 to 1 leverage ratio, are solely keeping the country afloat by printing almost valueless money. There is an uncertainty of how long this can last, for there is danger of them imploding like Iceland and taking New Zealand with them. The GST is an iniquitous tax, for Enoch Powel, Member of Parliament, the author of Margaret Thatcherism and Roger Douglas’s low-tax economic policies, stated that VAT (GST) was too expensive to administer, a small non-refundable sales tax would generate more revenue. Furthermore, he said that income tax and exercise duties were the most efficient source of gathering governmental revenue. The GST bull manure still goes on in New Zealand. Paulus 51st-State Party

Duncan - assuming GST will rise, and this seems highly likely, when do you predict the new rate will take effect from? i.e. is it likely to be as from 21 May or will there be a lead in period? In other words, how long do you think we might have to buy up the big ticket stuff before the price hike?

Hopefully soon the media including you Duncan, will stop using that stupid forgiving term "flip-flop" and start calling it was it is. Another bare faced lie to New Zealanders, out the spout of John Key aka the George Bush of the South Pacific.

Raising the GST is just stupid, this is just going to increase the burden on the poor and allow more tax rebates for the rich. How the hell is John Key getting away with contradicting his promises?
And why the hell isnt there a public outroar, he is going to raise the frickin tax BY 3% FOR EVERYTHING WE DO AND BUY FOR GODS SAKE.
I'd take the Tax as it is anyday.

Back in June 1986, I met a very interesting West German economist on loan from the West German Economic Ministry, whereupon I learned something about finer finances. In conversation, he told me about the proposed tax changeover, answered in simple language as follows: the index of unemployment would relate to the GST figure, roughly speaking a 5% GST figure would produce 5% unemployment; 15% GST would produce 15% unemployment, the question was what figure of unemployment the government would tolerate. Furthermore, on the positive side, he stated that GST was deflationary by creating and causing unemployment. However, on the negative side, GST wrecked peoples’ savings, for it makes people think there is no tomorrow by encouraging them to spend and not to save for their future and becoming dependents on the state. The West German government chose unemployment for their economy; they decided that a GST type of tax intake was to fund the unemployment benefits. In 1986, New Zealand decided to go down this road, unlike West Germany, New Zealand has the international distinction of having the worst refined corrupt practices in the entire OECD. With governmental people plotting and finally putting Rodger out of the way, the governments GST policy quietly changed, annual beneficiaries’ payment adjustments stopped under Labor in 1989, for the higher salaries commission were now using the GST collected revenue figures and exchange rates for calculating and determining their obscene 15%> higher salaries remuneration payouts and back-pays. Furthermore, the collection of GST revenue figures were now used in the calculation in determining billions of dollars in usury charges for using ones currency, ultimately paying directly or indirectly the City of London oligarchs. Benjamin Franklin stated that usury charges imposed by the Bank of England were the major contributing factor that led to war of independence. Paulus - 51st State Party