Thursday, October 30, 2003

No surprises

Don Brash's first policy prescriptions since becoming leader of the opposition? Tax cuts for the rich, and a massive selloff of state assetts...

Meanwhile, KiwPundit has the gall to claim that "this change will actually see the wealthy paying more tax than they currently do". Of course, he relies on the discredited monetarist dogma that cutting taxes increases government income - and we have only to look at the effects of Bush's tax cuts in the US to see what a steaming pile of shit that idea is.