Millionaire John Key and his highly paid cronies in Cabinet have backed off a promised review of the Child Support assessment formula – but of course are pressing ahead with lowering the top income tax rate for anyone lucky enough to be amongst the 6 per cent of income earners who qualify for it….such as Cabinet Ministers.
Here is the text of a letter I recently received from the Chief Robber Baron aka Minister of Revenue, the (Dis)Honourable Peter Dunne MP explaining the news to peasants and serfs such as myself.
“I can tell you that substantial work has recently been undertaken on aspects of the child support system, such as considering the income of both parents and the costs of raising children in New Zealand. However, Cabinet for the time being has decided to defer further consideration of the issues. In light of that decision I am currenlty giving further consideration to the matter and hope to be in a position to submit fresh proposals to the Cabinet in the next little while.” Hon Peter Dunne
In other words this is BS for “I tried, but they didn’t give a rat’s **** as indeed do I really.” Dunne is in a position to rock the boat but all he seems to want to do is purchase a fatter cushion for himself in the stern.
For all those of us who get paid fortnightly be aware there were 27 not 26 pay fortnight periods in the last income tax assessed year, so this year even though there is only 26 pay fortnights you will be paying your child support tax on an income based on 27 fortnightly pays. How is that for Irish logic and yet Cabinet sees nothing needs improving?
I encourage all on this site to write to Mr Dunne to express your outrage and disappointment.