- September 14, 2017 at 3:02 pm #1641998
TedEMemberMember since: May 6, 2006
I wonder if Sir John Key was one of those who was able to speculate on the exchange rate at the time of the Muldoon to Lange change of Government. Certainly he seemed to have no interest in reducing speculation and with the recent sale of his Remuera home for $20 m when it is speculated that he bought it at about 11m around 2007 and it was valued at 13m in 2013. The very least of his capital gain on his family home is $7m. Wonder if it was taxed?
That leads to the thoughts about Sir Michael Fay no resident in Ireland and his island home off the Coromandel. It would be interesting to know what sort of tax bill he is paying in NZ.
Then we have Sir Roger Douglas and his Association of consumers and Taxpayers. Really benighted man if ever there was one. (That dig the other night on the Citizens that don’t pay Tax was a good one)
These Knights of the realm are really benighted in the way they are perceived by the average NZbloke like me.
Wonder how many refer to them as Sir and whether they think it was worth it?
TedE - Papakura -September 14, 2017 at 3:34 pm #1642007
PhotoqueenMemberMember since: August 25, 2009
There is a video of Key in Te Papa saying he was very happy making money from the changesSeptember 14, 2017 at 3:37 pm #1642008
PhotoqueenMemberMember since: August 25, 2009
He didn’t earn his Knighthood. He bought it by resigning early so bill could give him one before they were kicked out of office.
No way labor would have given him one with the way he had left the countrySeptember 15, 2017 at 8:20 am #1642060
While Todd Barclay remains on his full parliamentary salary of $165,000 and earning more than $3000 before tax a week he bought his Arrowtown home in April last year for $644,000 and it was already undercontract 17 months later for $925,000 Speculation eh?A tidy profit of $281,000 to head overseas on to get employment in other countries.
Peoples Republic Of ChristchurchSeptember 15, 2017 at 11:20 am #1642091
lilith7MemberMember since: April 9, 2017
Its little wonder so many politicians aren’t keen on changes to housing,especially CGT. Not when so many own several properties.September 15, 2017 at 1:27 pm #1642100
Hero42MemberMember since: July 18, 2008
“I just don’t want to hit them with a $50,000 or $100,000 tax just because David Parker and the Labour Party think so.”
– National Party finance spokesman Steven Joyce, referring to a water tax, TVNZ’s Q+A, 13 August
Labour’s tax could cost farmers up to $50,000 a year.
– National leader Bill English, RNZ report, 13 September
Fact or Fiction has run the following answer past a Lincoln University source to ensure our assumptions and calculations are correct. The examples are based on averages – it is important to note that irrigation requirements will vary from region to region, and even between farms.
We have used Dairy NZ’s figures on both farm size and irrigation water requirements, here and here. Two dairy farmers – one from the Waikato, one from the Wairarapa – confirmed to Fact or Fiction that they would use a little less water for irrigation than Dairy NZ suggests, but we have stuck with the Dairy NZ figures.
Labour has suggested a charge of one to two cents per 1000 litres of water used – we have used two cents. If Labour went with a one-cent tax, the following costs would halve.
First up, a dairy farmer, farming on 144 hectares (the average size), requiring 4mm of irrigation a day over a 120-day irrigating season (assuming it’s particularly dry).
For every hectare of land, you need to use 10,000L of water to get 1mm of coverage – a cost of 20c/L, per hectare. For 4mm of coverage, the cost would be 80c per hectare, per day.
Over 120 days, assuming full irrigation for every one of those days, the cost for the entire farm would be just over $13,800.
Based on an average herd size of 413 cows, each drinking 130L of water a day, you’d pay another $391 each year.
To get to a figure of $50,000, you would need to have a very large farm – well over 500 hectares – or be irrigating at three to four times the suggested rate.
For a produce grower, with an average 20-hectare farm, requiring 17mm of irrigation each week over an irrigation period of 13 weeks, the cost per year would be $884, or thereabouts.
Verdict: FictionSeptember 16, 2017 at 9:51 am #1642174
Just read a message from Winston from Matakohe Bridges sux. on Facebook about Simon No Bridges Bridges you know the pollie who promised those 10 bridges to Northland at the by-election. Simon welched on the promise after Winston was elected. Even The Darby &Joan Bridge they boobooed on as they were going to alter it but couldn,t because of protected status kauri trees around it. So don,t believe National promises as Northland has none of those promised bridges and Simon No Bridges is not a man of his word eh?
Peoples Republic Of ChristchurchSeptember 20, 2017 at 5:58 pm #1642837
Paula Bennett has breached the privacy spectacularly of voters and a complaint has been lodged with The Electoral Commission. Paula is a serial offender at breaching privacy As Deputy Prime Minister more Dirty Politics. Did she release your cellphone number?
Peoples Republic Of Christchurch
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