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John Key -
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In his opening address to parliament for 2010, Prime Minister John Key laid out a raft of potential changes to the tax system - including raising GST to 15%, increases to benefits and personal tax cuts.
Key also ruled out a capital gains tax and opening up of Crown
land for mining.
What do you think about these changes? Are they going to be good or
bad for you and your family? Have your say on the
Messageboard
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Post new commentgazzacanta said on 2010-02-22 @ 23:42 NZDT: Report abusive post
I agree with the board thrust of the government. I think they are not going far enough. I would like to see higher GST and much lower personal taxes. Perhaps no personal tax on income up to $15,000, 20 cents per dollar on income $15 - $60k, then 30 cents for income over $60k
hkim129 said on 2010-02-12 @ 20:10 NZDT: Report abusive post
I have one question regarding the proposed GST increase. Given that general public is concerned about the inevitable increase in consumer product prices and its impact, I wonder whether increasing the GST rate to minimum (e.g 13% instead of the proposed 15%) yet decreasing the GST rate for businesses may be able to solve the problem to a certain degree (allowing businesses to offer their goods at lower prices)? or is there no chance at all this would work?
Shined said on 2010-02-12 @ 16:05 NZDT: Report abusive post
Yet another example of a government that breaks its promises and lies through its teeth, why am I not supprised. This country although less hard hit by the recession was still hit and is still coming into a recovery phase. I feel the economy needs to grow by at least 2.5% to say we are there. Increasing GST is not going to help at all its simply going to stall the economy again, come on Mr Key - get a clue. My wife and I would bother suffer severely if GST increased as would a plethora of others
icons said on 2010-02-12 @ 00:10 NZDT: Report abusive post
Goodbye Mr Keys. If you even attempt to increase GST you will destroy the lives of middle NZer's and like myself a lower income person whom as a fmaily we struggle enough now.. I can see a snap election on the cards. what do ther think?? I know for sure he won't be back in.. I only can pray that labour can undo the damage caused by greedy sly national party members
Mare1 said on 2010-02-11 @ 23:09 NZDT: Report abusive post
We are a small business still establishing ourselves in the market place, if GST is increased we dont want to increase our pricing as we know people out there dont have alot of money to get by as it is. This means we will end up with less net profit which us barely enough for us to live on as is and therefore struggle to stay afloat.