Tuesday, February 09, 2010

Key's big speech

John Key's big speech is here. The key points:

  • No land tax. National's MPs and backers own too many investment properties for that.
  • Tax cuts for the rich, paid for by a hike in GST on the poor. So, 90% of us will be actively made worse off, so that 9% can feel a little better, and the top 1% make out like bandits.
  • Digging up our national parks in an effort to catch up with Australia.
  • Sticking it to beneficaries in the middle of a recession
Key calls this a "step change". Instead its just a regurgitation of the 90's.