Back to the creepy stuff. Well, he did it. Despite my impassioned plea in this column in February last year, Finance Minister Michael Cullen took away our chewing gum tax cut in the recent Budget. And we’re much bigger losers than most people realise.
Q&As: Auckland houses may be unaffordable, but apartments aren’t; One man is happy with is inexpensive home; Homeowner feels anything but smug about being in the housing market; War is declared between the baby boomers and the younger generation; Last time New Zealand tried to control rents, it was disastrous.
Think again about those KiwiSaver tax breaks. Many readers were no doubt pleased to hear of Winston Peters’ recent hints that the May 17 Budget will include tax breaks in the KiwiSaver retirement savings scheme. But only some will benefit — and it will be at the expense of others, and the country as a whole.