Labour finally shows the money

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Fri, 04 Nov 2011 11:25a.m.

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Labour has revealed how it plans to fund its election promises, and how it plans to pay back the extra borrowing this will entail.

Labour has revealed how it plans to fund its election promises, and how it plans to pay back the extra borrowing this will entail.

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5/11/2011 11:11:14 a.m.

Mike wrote:

Labours policy has always been to spout BS and claim the others are spouting BS.

Asset sales? Who last sold NZ assets? Labour.

Who flew (in our airforce plane) a suspected criminal out of the USA because they had links at the highest political levels in NZ? Labour.

If you are looking for lies and corruption - look no further than Labour.

Where does Labour expect all the income from a capital gains tax? Well it wont affect the family home .. yeah right? So every farming family with a home on the family farm is by this excluded, or is Labour intending to capital gains tax the family home now?

Bob Jones had a way to handle Capital Gains Tax as Labour proposed, just dont sell your asset so no capital gains - no tax! The Capital gains policy of Labour is full of mistakes and avoidable. The planned revenue from the capital gains ... complete BS.

Who grows the NZ economy? Its those people who work, not those that bludge.

5/11/2011 12:53:17 a.m.

keith wrote:

Wilbur where do you get your information from. National are selling profitable assets. Nobody in there right mind would buy loss making assets. The assets they want to sell are assets which pay a dividend to new zealand. It is sound financial advice to never sell assets in a depressed market. It is better advice not to sell them at all.

4/11/2011 10:29:53 p.m.

Clarke wrote:

I think m1 that we would prefer to borrow 2.6 Billion dollars (4 is the upper estimate so stop exaggerating) than treat people like crap. Both National and Labours projections have been examined... lol according to the critic... both fail scrutiny.. so touting Nationals plan as better... or more thought out would appear to be nonsense. The decision is easy... Labour for people... National for business. Labour is offering the people a tax free threshold on their incomes, no gst on fruit/vegies or meat, a fairer tax system where overpriveldged pratts like you pay your fair share. Its not looking to sell off our assets and open us up to law suits from investors if they dont believe their profits are high enough. Its also creating to new permanent streams of income, one in the form of a capital gains tax... which in general will only affect the top 10 percent of New Zealanders. And 2) its taking back the tax cuts that John Key gave to himself and his overpriveldged buddies. Its also going to reverse that daft policy of firing at will up to 90 days into employment.... stupidest legislation ever. And its not going to force 16-20 year olds to work for the equivelent of an old age pension for working hard 40 hours each week. National are offering.....?????? !!!!!! nothing?. At least people will survive under Labour... under National many will end up homeless or dead. woohoo viva the elitists... isnt that your catch phrase M1 John Keys policies arent good for kiwi families, infact in many ways they destroy kiwi values. Key will have to break the New Zealand bill of rights again to bash his beneficiaries. Perhaps Paula can breach privacy laws again, just for fun.