Tuesday, March 14, 2006

Beneficiaries profit, taxpayers lose.

"No card holders will lose their entitlement to the card as a result of the increase in their benefit or the Working for Families package. The increase in the thresholds will also mean that some New Zealanders who have not previously been entitled to a card will now be eligible for one."


And yet we still can not index the tax thresholds to inflation? Most people who know anything about finance or economics would see that as the same argument - maybe they dont have quite the same logic in history?

No comments: