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nzlabour's profile
New Zealand Labour
New Zealand Labour
New Zealand Labour
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@nzlabour

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New Zealand LabourVerified account

@nzlabour

Let's do this. Authorised by Dianna Lacy, 160 Willis St, Wellington.

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labour.org.nz
Joined July 2008

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    New Zealand Labour‏Verified account @nzlabour 14 Dec 2017

    National stopped paying into the Super Fund in 2009 ❌ Labour has restarted payments today ✔️http://www.newshub.co.nz/home/politics/2017/12/jacinda-ardern-and-grant-robertson-restart-super-fund-payments.html …

    5:54 PM - 14 Dec 2017
    • 59 Retweets
    • 289 Likes
    • Habib mollah Ajay Kumar Misra Daphne Kingi darrylbaser Jace Da Ace Dianne mad mum Cameron SpeirsHutton Frances  Adank
    16 replies 59 retweets 289 likes
      1. New conversation
      2. Antoin Ó Fearghail‏ @awhikiri 14 Dec 2017
        Replying to @nzlabour

        Who did you borrow it off?

        1 reply 0 retweets 2 likes
      3. Adam Lowe‏ @lowe_adam 14 Dec 2017
        Replying to @awhikiri @nzlabour

        Probably the same institutions that the Nat govt has been borrowing from for 9 years. Except now it’s for something constructive not rich peoples tax cuts.

        1 reply 0 retweets 9 likes
      4. Antoin Ó Fearghail‏ @awhikiri 14 Dec 2017
        Replying to @lowe_adam @nzlabour

        Didn't like their borrowings either but they had a better reason than this one. Households earning less than $50K are net tax recipients. By far the majority (75%) of Income Tax is paid by those earning over $100K. Wait till the markets crash. You will see how constructive it is.

        1 reply 0 retweets 0 likes
      5. Adam Lowe‏ @lowe_adam 14 Dec 2017
        Replying to @awhikiri @nzlabour

        I hope the “markets” do crash, especially the housing market, retiring housing affordability to reasonable levels and sending speculators scurrying to bankruptcy.

        1 reply 0 retweets 5 likes
      6. Antoin Ó Fearghail‏ @awhikiri 14 Dec 2017
        Replying to @lowe_adam @nzlabour

        So you'd like to see the borrowed $71M turn into something worth a lot less? The housing market won't crash as long as there are more willing buyers than willing sellers. The problem with you Lefties is that you don't understand economics or you would be one of those speculators.

        4 replies 0 retweets 0 likes
      7. Chris‏ @glocks75 14 Dec 2017
        Replying to @awhikiri @lowe_adam @nzlabour

        BTW, I’m about to sell an investment property for a tax free CG of around $200k, so even though I’m a ‘leftie’, I think I’ve got a rough idea how these things work.

        1 reply 0 retweets 3 likes
      8. Antoin Ó Fearghail‏ @awhikiri 14 Dec 2017
        Replying to @glocks75 @lowe_adam @nzlabour

        So you're saying that you're a tax evader? Under current law If you're selling a property and one of your intentions when you bought the property was to sell it, then you'll have tax to pay on any profit you make from its resale. I hope the Revenue Minister is reading this.

        1 reply 0 retweets 0 likes
      9. Chris‏ @glocks75 14 Dec 2017
        Replying to @awhikiri @lowe_adam @nzlabour

        I bought it 8 years ago, so our so-called capital gains tax doesn’t apply. And since proving ‘intent’ is an impossible threshold, you can see how disingenuous it was for JK to claim NZ had a working CGT.

        1 reply 0 retweets 3 likes
      10. 4 more replies
      1. New conversation
      2. Mel‏ @realmelme 14 Dec 2017
        Replying to @nzlabour

        How about starting repayments into KidsCan...? 🤔

        2 replies 0 retweets 1 like
      3.  🌹Sarah  🌹‏ @sarah_pallett 15 Dec 2017
        Replying to @realmelme @nzlabour

        They haven't stopped them. The funding (by National) was time limited (by the Nats) and is now up for review. B'cos, budget. <sigh>

        0 replies 0 retweets 1 like
      4. End of conversation
      1. mark tugendhaft‏ @MarkTugendhaft 15 Dec 2017
        Replying to @nzlabour

        Labour the only party that ever took care of our country. Thanks

        0 replies 0 retweets 1 like
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      1.  🌹Sarah  🌹‏ @sarah_pallett 15 Dec 2017
        Replying to @nzlabour

        Great to see it bought forward from National's proposed 2020/1 ish sometime maybe never. Vital forward planning.

        0 replies 0 retweets 1 like
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      1. diana‏ @choatdd 14 Dec 2017
        Replying to @nzlabour

        Antoin yr talkg rubbish. Nat borrowed $7mil to pay for the 1st tax cuts, during a world recession. They sold off our assets for a pittance all to give himself n the like hundreds of dollars in tax cuts while middle income didnt know theyd had a tax cut

        0 replies 0 retweets 1 like
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      1. David Parish‏ @TdparisDavid 14 Dec 2017
        Replying to @nzlabour

        Read what Brian Gaynor had to say about it in recent Herald article. The National Party should hang its head in shame.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. William Winter‏ @willy_wopper 14 Dec 2017
        Replying to @nzlabour

        So these brilliant minds from Labour are going to borrow the money first and then invest it second? No wonder Labour members have virtually zilch in the way of any personal assets.

        2 replies 0 retweets 0 likes
      3. Adam Lowe‏ @lowe_adam 14 Dec 2017
        Replying to @willy_wopper @nzlabour

        If invested wisely then the rate of return should exceed the interest owing.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Alana Updike‏ @infinitusestnum 18 Dec 2017
        Replying to @nzlabour

        I understand their motives but history will say that it was incredibly stupid given the market returns in the intervening years.

        0 replies 0 retweets 0 likes
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      1. Dale Hunter‏ @Noradale 17 Dec 2017
        Replying to @nzlabour

        Well done Labour. Super good.

        0 replies 0 retweets 0 likes
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