Thread: I think we are about to get F******

Originally Posted by veitnamcam

Should have brought a house freehold!

Shit man I paid $4k for my first section and spent $15k on my first house, building it myself and I saw it a couple of weeks ago it's still standing and doesn't leak! You can see by that I'm not a qualified builder! I had a first mortgage of $12k and a second mortgage of $1.5k
I was earning about $4.5 k a year. I did the foundations at night , after work,using a flood light on a pole to see by, then all day Saturday and Sunday on site, took me about 6 months to build.

Originally Posted by shift14

Not just them mate, our so called iconic NZ companies are experts at onshore tax " minimalisation " in the name of protecting the shareholders " best interests".

B

Yep I work for some of NZ biggest and they hated paying tax, but they paid wages and PAYE to thousands, Google and Apple don't even do that they just rape

Originally Posted by veitnamcam

The simple facts are if you don't produce something then you are a parasite living off of those who produce.
A short hundred years ago virtually everyone produced something or fixed something, very few sat on their arse producing nothing.
nowadays most large company's have huge numbers of staff who produce nothing but rules and get payed very well to do it.

There is a set amount of food/shelter/clothing etc if you aint producing it then the very fact you are alive is increasing the cost of it. which means those producing it have to work harder and more efficiently for less than ever before.

That's what China does for us now! Don't we love the cheap shit? We'll be really f**ked if Fonterra faulters

Originally Posted by Maca49

Yep I work for some of NZ biggest and they hated paying tax, but they paid wages and PAYE to thousands, Google and Apple don't even do that they just rape

No argument with any of that. At least tho, when I bought iPhones online through apple.com, GST was paid.

B

Originally Posted by Maca49

Shit man I paid $4k for my first section and spent $15k on my first house, building it myself and I saw it a couple of weeks ago it's still standing and doesn't leak! You can see by that I'm not a qualified builder! I had a first mortgage of $12k and a second mortgage of $1.5k
I was earning about $4.5 k a year. I did the foundations at night , after work,using a flood light on a pole to see by, then all day Saturday and Sunday on site, took me about 6 months to build.

There's not many people these days that will put that extra hard work in to get ahead, even harder if you actually want to build your own house with the new licensing shit.

Unfortunately many (maybe most) of the real rich are paying little or no taxes.. Its all the rest of us in the middle, look it up its true.

If the government was waking up to our money going off shore they would make sure overseas companies payed tax on their profits and make overseas property investors pay tax on what they make here. Not waste time chasing $15 on a pair of jeans made in Bangladesh that costs customs $14 it inspect including checking the true value, sending a bill, processing a payment and then signing off product release. This aproach will just create a much larger more expensive tax gathering bureaucracy.

I have no problem paying GST on anything but i just don't think there will be a fair way to do it. I think this is what is wanted by the retailers, not a fair playing field.

Dam i should have brought 5-10 Auckland Houses back in the 1990s on no deposit loans (I know people who did). Think I could now retire on all that tax free capital gain...