The Budget

[Kiwi XTR2]

So anyone want to guess what Uncle Helen will tell Aunty Michael to put in the budget.

I reckon the surplus will be 'an illusion' and this will be no time to be so fiscally irresponsible to give any tax relief . . . which would only be squandered on consumer spending that would adversely impact the balance of payments.

There will be more for the Cullen Fund.

There will be some really stupid KiwiSaver BS that will be a nightmare for employers to administer.

There will be more 'Bribes for Families' that will try to make a Mum, Dad & two kids (Where 'Mum & Dad' is in no way to be taken as any indication of the gender or preferences of the two parental units) with a joint income of $125,000 plus p.a. a beneficiary.

And millions for central/local government social-housing initiatives.



If I spend 27 weeks in Oz and 25 weeks here each year will I be an Australian tax resident?

[Kiwi XTR2]

Esprit said:

Well Labour will NEVER EVER give tax cuts.... Labour will only ever give "targeted tax relief" which means more for the working for (other people's ) families scheme.

Labour's plan is to gradually ramp this up over the next couple of years so that those revceiving it become DEPENDANT on it... so that if National think about restructuring it, Labour will work the "you've got no choice, you won't be able to afford to live under National" card.

As Harry Endield once said.... L is for Labour, L is for Lice.

and
L is for Ludicrous
L is for Leech
L is for Loo - oooser

that's quite fun, I feel better already

[Kiwi XTR2]

jamieheasman said:

. . . A lot of european countries have a married-man (or woman) tax allowance which wouldn't be a bad idea for all of those with high-rent partners! . . .

Just simple incoming-splitting would sort that.

I'd need to enter into a Civil Union with my car . . . costs about as much as a wife & kids