20-12-2023, 01:06 PM
What joys await us...
https://www.stuff.co.nz/national/politic...ons-worsen
Willis revealed her mini-Budget alongside the Treasury’s half year economic and fiscal update in Wellington, outlining a “shrunken” surplus, bigger borrowing requirements and greater fiscal risks such as those around infrastructure delivery and cyclone recovery, natural disasters and climate change.
“Tax reduction is coming but first we have to do the work. We have made a downpayment - finding $7.5b already,” she said.
She said people wouldn’t get a “tax cut for Christmas” but would get one next year, along with stronger fiscal management."
Ah promises, promises...if I was a betting woman I'd be willing to put money on the only 'fair' oiutcome being for those already well off. And - 'strong fiscal management?'
What exactly does that mean??
Clamping down on anything & everything just to have more funds for govt projects, at the expense of everything else such as health, housing, & welfare?
God to a hungry child
I didn’t make this world for you
You didn’t buy any stocks in my
railroad
You didn’t invest in my
Corporation
Where are your shares in Standard
Oil?
I made the world for the rich
And the will-be-rich
And the have-always-been-rich
Not for you
Hungry child.
Langston Hughes
https://www.stuff.co.nz/national/politic...ons-worsen
[b]"Finance Minister Nicola Willis has found nearly $7.5 billion worth of public savings, but faces tough decisions as she seeks to balance the Treasury books and deliver tax relief amid a worsening economic picture with higher costs to keep the lights on in the next 12 months. [/b]
Willis revealed her mini-Budget alongside the Treasury’s half year economic and fiscal update in Wellington, outlining a “shrunken” surplus, bigger borrowing requirements and greater fiscal risks such as those around infrastructure delivery and cyclone recovery, natural disasters and climate change.
[b]She will reveal the plan for tax relief in the May budget, but promised to “restore a fairer balance” in the government books, reform the public finance act, and continue a savings drive in the public sector, on Wednesday.[/b]
“Tax reduction is coming but first we have to do the work. We have made a downpayment - finding $7.5b already,” she said.
She said people wouldn’t get a “tax cut for Christmas” but would get one next year, along with stronger fiscal management."
Ah promises, promises...if I was a betting woman I'd be willing to put money on the only 'fair' oiutcome being for those already well off. And - 'strong fiscal management?'
What exactly does that mean??
Clamping down on anything & everything just to have more funds for govt projects, at the expense of everything else such as health, housing, & welfare?
God to a hungry child
I didn’t make this world for you
You didn’t buy any stocks in my
railroad
You didn’t invest in my
Corporation
Where are your shares in Standard
Oil?
I made the world for the rich
And the will-be-rich
And the have-always-been-rich
Not for you
Hungry child.
Langston Hughes