all governments tax to the maximum they can get away with.
pre fiat money and computers the computations were highly guarded secrets of the monarch and his officials.
now the information is available to any one with the requisite education and desire to know.
In New Zealand the government has been in power for nearly 10 years and have an extremely close association with the monetary AUTHORITIES.
The incoming government is not going to do anything stupid or precipitate.
The incumbent national government are accusing the challenging labour party of a future tax and spend policy that will bankrupt the country.
that is so much piffle and an invention by the australian pr firm crosby textor who specialise in advancing unprovable arguments especially to confuse ordinary people about money and taxes and try to scare and alarum them.
the thing is that Labour is going to be the next government.
whatever policies they may advance now will be costed by the treasury and measure against future growth and earnings and there will be no wild spending.
National is tired and moribund and caught up in arrangements that need to be reviewed and altered and unnecessary experiments in health and education ironed out of the system.
The environmental issues are going to have to be addressed sooner or later and it is better if it is sooner.
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