Labour’s compulsory kiwisaver will kill dads
With all the discussions going around Labour’s proposed policy on compulsory Kiwisaver, I was quite surprised there was hardly any discussion around how this would impact the non-custodial parents in this country, a group that consists mostly of males.
Labour wants to make a compulsory 9% off the gross wages. Anyone paying child support is having at most 18% per child being taken off their gross income. The cost of living for the non-custodial parent, or any custodial children, are not necessarily taken into account without a pocket-emptying fight. As it is, with the rising costs of living, it is becoming difficult to survive after paying child support, imagine, what is going to happen if another forced 9% is taken off the gross.
It is almost certain that IRD will be looking after the compulsory Kiwisaver payments. Everyone is well aware how quick IRD is to put on fines if there is a missed payment, how quick they are to put up the liability with a small increase in income, and how slow in balancing should the income decrease. And to think they will be monitoring this makes me shudder to the bones.
Not everyone is blessed with an understanding ex. Honestly, I would be an extremely stupid NCP, if I even for an instant think that voting for Labour would be any beneficial.