You can’t force people to save

I have been a National supporter all my life I am now beginning to wonder why.
Here we have a halfwit minister of finance complaining that Kiwis don't save enough so let's look at raising GST. Now I know they will more than likely have a flash of brilliance and dismiss such lunacy but then they may not.
This Government, that believes you have to 'force people to save” is a government that lacks basic intelligence. You can't force people to save, you encourage people to save.
Raising GST simply gives Kiwis that much less money to spend and therefore less money to save. Come on Bill get your feet on the ground and think how you can encourage people to save. Lower the tax rate on savings for a start.
What he hell is the use of saving when a third goes in tax and the interest rate doesn't keep up with inflation?
Bring back tax cuts on life insurance plans.
What a nasty government we have that will tax a five year old child on the interest of any five dollars that child may have in the bank.
God's sake how will that encourage a child at an age when they need to grasp the value of saving?
Alastair Laubach-Bourne, Bethlehem.

5 comments

Posted on 04-02-2011 12:44 | By The author of this comment has been removed.

You start off the letter saying you have been a National supporter all your life, and then continue to complain about them FORCING people to save! Duh? The National party (along with all the other parties on the LEFT - Yes, LEFT - who in their right mind could think they were on the right) have been advocating the use of FORCE since they first began. WHY is it OK to use force on EVERY SINGLE POLICY they have, but all of a sudden NOT when it comes to saving? Its well overdue that the National party read their CORE PRINCIPLES and STUCK BY THEM. Either that, or scrap them completely and make a NEW SET which is more in line with the thieving, immoral, Leftist practices they stand for today. In the typical, unprincipled manner it is stuff like this that will ensure New Zealanders will continue to moan and complain about policies of their favourite political group of immorral thieves and bullies, and lack of understanding WHY it is happening will ensure they continue to perpetuate the system.


YES YOU CAN AND SHOULD

Posted on 10-02-2011 18:58 | By The Master

Sometimes people do not always know what is best for them, that is becasue the focus of many is on the "NOW" rather than "TOMORROW" Not until tomorrow do they realise what in fact should have been done and of course that is rather late by the time one is 65 years + a week old and retired.


Yes youcan - and its wrong and immoral

Posted on 15-02-2011 14:49 | By The author of this comment has been removed.

Cant agree with the Master on this one. Do not pretend to know what is right for me and what I should and should not do - that is extremely arrogant and condescending. If you wish to save - good on you. How do you propose to force me to save? - Beat me with a stick? Throw me in jail? Fine me? How do you propose to punish me if I do not save? The answer is in education - NOT FORCE "The Master" Get the GOVERNMENT out of the education system. (The government are the ones who say you dont have to be responsible for yourself - THEY will look after you REGARDLESS) Start teaching children about rights and responsibility, and then in a few GENERATIONS from now, we may see a change. After DECADES of state brainwashing (as can be witnessed by the heading of your comment) we dont stand a chance of understanding the meaning of personal responsibility and individual rights.


It wont fix the problem - They still wont know WHY

Posted on 16-02-2011 09:33 | By The author of this comment has been removed.

WHY do People NOT know what is BEST for them? (according to the master) Because every aspect of the present style of government is geared to make you believe YOU NEED THEM (not true) It is a great CONCEPT (ie everybody puts in a little bit, and WE can fix - and educate - EVERYBODY), but as is PROVEN by reality it Can not and Does not and Will not EVER Work. The system promotes dishonesty Destroys Personal responsibility Destroys Community spirit Promotes mediocrity Rations Healthcare and education AND Superannuation In the private system MORE customers is a good thing In the Government system MORE customers is a BAD thing In the government system Efficiency is not important In the Private sector it is ESSENTIAL. THE MASTER: - forcing people to save only TEMPORARILY fixes the problem, and ensures generations to come are as OBLIVIOUS to the necessity to save as the current generation. Educate them to be free of State dependancy, and perhaps they will THEN be able to decide what is best for them Sometimes people do not always know what is best for them, that is becasue the focus of many is on the "NOW" rather than "TOMORROW" Not until tomorrow do they realise what in fact should have been done and of course that is rather late by the time one is 65 years + a week old and retired.


cant force people to save

Posted on 19-02-2011 14:17 | By algail

I said ' You cannot force people to save ' Think about it how the hell can you force people to save when they have nothing to save. So say what you like you cannot force a worker to save other than one's super contributions. In ten dollar Tauranga after tax one probably takes home about $450 dollars please allow some discretion in the amount. Now take out up to say $250 in rent. Now I know everyone doesn't rent but a huge majority of those who don't they may have a mortgage of about the same amount per week to pay. Now $300 for food petrol etc. now we have to consider the phone and power and all the other sundries, Now all you people who maintain you can force people to save please point out to me what portion of the small average wage in Tauranga one is going to be able to save. Come on get real. Further to Super one cannot morallye means test or stop super to anyone who has paid into it. If the wealthy are not to have the super that they have paid for then they should not have the contributions' taken from salaries via taxation. Bear in mind all you who are against the wealthy getting super there would be bugger all in the fund if the wealthy didn't make such huge contributions via taxation and the % of salaries paid into the super fund. No I am not one of those wealthy people who earn huge amounts of moeny I am a pensioner too Alastair Bourne


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