Thursday, 11 February 2010

The Tax Changes

From the looks of the Herald's coverage, everyone will get something, and we'll get more choice over exactly what our money will be spent on.
Changing tax from income to spending will apparently get the Government more $$$ than they'll loose. Well it won't be from me that they get the extra $$$. I will spend a little more, but my increased GST contribution won't be as much as I'll save from the tax cut, nor will it be for anyone (who does likewise) according to the table.

Win-win if you ask me.

So who pays the additional GST but won't get anything to cover the increase?
The tourists won't like this much - if they notice.

The changes are too slight for many but they'll do me fine - for now.

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