Will National have the guts to move NZ to a flat tax system?

The Herald reports that Treasury is considering a flat tax rate to close the income gap between Australia and New Zealand (http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10602938)

Finance Minister Bill English had a unique opportunity to reform the tax system, Treasury said.

Two options were a flat tax rate or cuts to taxes on dividends, interest and profit, papers obtained by Radio New Zealand under the Official Information Act showed.

GST, land tax and capital gains tax would be increased to fund the changes.

A flat income tax system just makes sense. The current system does not encourage people to earn more because the more you earn the more you will lose through tax. A flat tax system is fair to all, and is simple, this will cut out a huge amount of compliant costs and IR3 returns and other useless bureaucracy.

Secondly, the sooner a capital gains tax is introduced the better. This system would be simple and just make sense.

BREAKING NEWS: VSM back on Agenda

No right turn is reporting that Education (Freedom of Association) Amendment Bill (Roger Douglas) has been drawn from the ballot this morning:

http://norightturn.blogspot.com/2009/08/drawn_20.html

10 months. That is how long National has been in power for before this issue came up again. I sure as hell hope National do not support it. Everything they have said so far is that they support the current law. So leave it as it is.

More to follow later.

Whatever happened to the knowledge economy?

At the moment I am busy looking at options for my PhD study and methods to support it… aka… scholarships.

Now I know that a few government departments have scholarships available and one of them is the Tertiary Education Commission Top Achiever Doctoral Scholarships.

So off I go to the page to take a look: http://www.tec.govt.nz/templates/standard.aspx?id=675

And what do I find?

As part of the Budget announcement made on 28 May 2009, the Government announced that the Top Achiever Doctoral Scholarship scheme will be disestablished.

Say what?

Where is the commitment to educating the future. The government has made it clear they want to focus education on youth. How is applying for a PhD at 22 not youth? You can’t get through to that level much earlier.

Does the government now expect that each person pay their entire way through a PhD?

Grumble, grumble, grumble.

At least I have a few others to look at. And they are not all in this country either.

Attention: National. Please Sign On.

I do not understand why National will not commit to a 40% reduction in greenhouse gas levels by 2020 as an attempt to combat climate change. As the Greenpeace ad on tv says “it just makes sense really”.

The Green party spell it out really well over here:

http://blog.greens.org.nz/2009/08/05/nick-smith-doesnt-get-it/

The Government has relied on macro-economic analysis about emissions prices instead of analysing opportunities. Smith had made it clear that it was up to NGOs and volunteers to work out how to meet a target, not the job of the well resourced government departments he controls.

…he attacked the idea of reducing farm animals by a third. That would mean reducing dairy farm stocking rates from 2.83 cows/ha which is the current average to 1.86. Our proposal was to reduce them to 2.3, which is the intensity that research has found is most profitable for the farmer if milk prices are below $5.50. The current price is $5.20, which is also the average price (inflation adjusted) over the last ten years. The extra return from additional animals per hectare just doesn’t pay for the huge increase in urea, bought in feeds, off farm grazing of animals not in milk and animal health costs that are needed to cram more animals on to the same land. Dairy farmers could be making more money and reducing emissions.

So the greens are releasing ideas, good ideas, factual ideas. And how does the Government respond? Like This: Greens want to shoot the cows

…a reduction from the business as usual case of 57%, and that to do this one would need to ban every car, bus and truck in NZ, close down every fossil fuel power plant and on top of that hire vigilantes to shoot every third cow.

…the little fruitcakes are serious. They do want us to shoot the cows. They just use the nice Orwelllian term of “de-stocking” instead.

In 1999 we had around 3.5 million cows. So the Greens policy is to exterminate around 700,000 cows.

I encourage you to read both articles and decide for yourself who is playing scare tactics.

The other really strong part from the Greens blog was this:

Then, he set about rebutting things we had not said – like proposing 100% renewable electricity, which he said would raise power prices 30%. That’s the reason we didn’t propose 100%. When I was leadng EECA’s work under the last government, we had some robust analysis done by EECA and MED  to determine the costs of various levels of renewability in the electricity system. We found 90% renewable by 2025 was entirely achievable and hardly raised prices at all, as there is a lot of low cost geothermal and wind energy waiting to be built.

Going to 100% is costly because you have to build a huge amount of capacity which just sits around unused until there is a very dry winter, given that people don’t like power cuts. Much better to have a couple of gas peaking stations that are cheap to build and only run a small proportion of the time. The greenhouse gases are negligible in the scheme of things and the saved capital is much better used to make significant reductions in transport or agriculture which are a much bigger worry than electricity.

So it is really aparent that the Greens are playing with facts while the Nats are playing with fire. Liar liar pants on fire politics.

Visit http://www.signon.org.nz to sign on.

P.S. Don’t tell political activists like Keshia Castle-Hughes to stick to the acting, unless you also want to stick to the currency trading.

A delayed victory?

From: http://www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10558256

5:30PM Monday Feb 23, 2009

Prime Minister John Key has announced the controversial Section 92A law, which has been widely condemned by internet users, is to be delayed.

It will go on hold until March 27 while work is carried out on a voluntary code of practice.

If no solution is reached by then it will be suspended.

If no agreement was reached then the section would be suspended, Mr Key said.

If a code was agreed to, there would be a review after six months to see if the law was working as it was intended.

….

Earlier today political bloggers from all sides of the political fence took blogs down to protest Section 92A of the Copyright Act.

Some big name blogs took part. Public Address, Scoop, Kiwiblog, The Standard, No Right Turn, Frog Blog, Whale Oil, Not PC, No Minister, Just Left, The Hand Mirror, Roar Prawn, Policy Net, Kiwi Politico and a multitude of other sites including Scoop News, PublicAddress.Net, Throng, GeekZone, and Street Talk have shut their doors in protest.

Instead of their usual coverage, visitors to these sites will instead be pointed to the online petition organised by the Creative Freedom Foundation.

5.30pm is leaving the change to the last minute. But good news, but a delay is only the start. The law must be repealed.

Left or Right. There is no centre.

This is a summary graph of the political polls over the past three years. Look at the recent end. National is dropping. But so is Labour. Who is rising? The Greens and Act. What does that mean?

a) The minor parties matter!

b) A vote for Act or National will result in a right wing government. A vote for the Greens or Labour will be a left wing Government.

The choice is yours! This election is not all over. It is not a done and dusted result. It is wide open and your vote matters.

Rock the Vote. November 8 2008.