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Douglas proposes parallel tax plan

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Calliope
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« on: February 11, 2009, 06:25:19 am »

Act MP Sir Roger Douglas is proposing a new low-tax option for taxpayers in which the first $30,000 of income would be tax-free - but only if they pay for their own retirement, health care and welfare insurance or costs.

read more here: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10556081
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ballasted moth
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« Reply #1 on: February 11, 2009, 07:08:24 am »

  Great idea It is time people had genuine choice
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bump head benny
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« Reply #2 on: February 11, 2009, 10:44:23 am »

So it would only be the GST registered who pay all the taxes?? doesnt sound feasible to me. Theres enough businesses whingeing about tehir tax rates now, and the corporate sector will just hide all their wealth  in company benefits and those huas only pay tax on whats left. Naaaaah it aint gonna work aye.
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Lets kill all the warmongers.

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