Wednesday, December 19, 2007

Minimum Hourly Wage & Taxes

So our minimal hourly rate will go up from $9 to $12. This will please mainly Maori and Pacific Island workers many who are paid that. No wonder 1 in 7 Maori now live and work in Australia where wages are so much higher for much the same jobs and a lot more for tradesmen. As long as businesses and corporates refuse to pay more than ratshit then more NZ workers will go over seas; in the Maori and Island case to Australia. Workers had asked for a $15 minimum. They should stop asking and start striking or go to Australia where they can get more. Australia can pay more because their economy was built on a gradual and sensible reform; rather than the Rogernomics and Ruthanomics of slash and burn, and the sell off of state and other productive assets to some of the biggest crooks in our history. I still think they should be hung up on every power pole in Remuera. As a result their economy grew faster while ours crawled along under some ridiculous ideology of the pure market.
At last Labour is warming towards tax cuts as surpluses become as flush as those finances of the cow cocky who by the way deserve their increased milk payouts. Labour intends to target the poor and the low paid. Good. Anyone over $100,000 don't need a a tax cut. They could also increase old age benefits and bring back the family benefit. They could tax overseas investors more so that some of their profits they made here stay here. They also need to grow the economy by keeping our manufacturing and other productive capacity in NZ. To reduce prices for land they shouldn't be allowed to sell it to absentee land lords. I could go on. We've just got to stop the rich getting richer and the poor poorer. We don't want to have to correct the imbalance with a bloody revolution.

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