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Friday, September 02, 2005

Tax Cuts Unnaffordable? Ask Rangi from Ruatoria

The Fiscal Fool who calls himself Treasurer and his raucus mates Mallard, Clark, Maharey, along with the plaintive Carter and the boring Brown have made much ado about the unaffordability of tax cuts. Their tired mantra that services will be cut has even been peddled by a very smelly PSA whose officers can expect 'close scrutiny' after September 17th.

Here is the simple truth which is blindlingly obvious to voters but conveniently ignored by the Canutes of the Ninth. All you have to do is ask Rangi from Ruatoria or Toko from Te Teko. They know better than Cullen, Clark and Carter.

Funds required for Tax Cuts: say $4,000 million

Source of Funds:
Wananga and polytech wastage 500
Bro-racracy review 500
Health-racracy review 1,000
Edu-racracy review 500
Gummint advertising cuts 100
Parliamentary Services review 100
Reduced number of Ministers 50
Increased tax take resulting from knock on 1,000
effect of more consumer spending
Close scrutiny of bogus sickness beneficiary payments 500

Its what we used to call, at Lincoln, a cigarette packet budget, which is where all good budgets start. Are the figures accurate? Who cares? So long as they are reasonably close and they won't be far off the mark.

That all adds up to $4.25 billion and I haven't even got my dander up yet. Remarkably, non of these measures results in the slightest reduction in services like teaching, healing, road building, policing or defending the realm.

What else is there a Gummint needs to do? I can't think of anything.

Posted by Adolf Fiinkensein | 9/02/2005 06:18:00 AM

2 Comments:

Blogger Antarctic Lemur said...

Nice. Did i miss the sale of TVNZ and Radio New Zealand?

9/02/2005 02:14:00 PM  
Blogger Adolf Fiinkensein said...

According to Rangi and Toko they are capital items. Rangi and Toko will sell them of course but use the proceeds to reduce borrowing for long term capital works like roads. When Rangi and Toko build roads they expect them to last longer than one year which is why Cullen wants to buiold them all from income.

Simple eh?

9/02/2005 02:49:00 PM  

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