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Ryan Bridge: What are our wealthy politicians going to do with their tax cut?

Author
Ryan Bridge,
Publish Date
Wed, 31 Jul 2024, 6:55am
Photo / File
Photo / File

Ryan Bridge: What are our wealthy politicians going to do with their tax cut?

Author
Ryan Bridge,
Publish Date
Wed, 31 Jul 2024, 6:55am

Income tax cuts kick in for us today and 94% of us will get a few extra bucks. 

Will it be swallowed up by your mortgage, or your insurance going up, or your rates? Probably, but better we get the money and decide what to do with it than the politicians, right? 

Also today, MPs get their first pay rise since 2017, and watch closely, watch those particularly who shout the loudest about equality, and fairness, and justice, and all those good things. 

Do they put their money where their mouth is today? 

Chris Luxon, for his sins —and I assume it's to stave off the inevitable media storm about he's rich, he's white, he's got seven houses— he has promised to donate his full tax cut 20 bucks a week to charity, also the increase in his pay to charity. 

Hipkins, what's happening over at Labour HQ? 

Well, Labour has apparently emailed their supporters asking for the tax cut to be donated. 

It sounds good. Not to Women's Refuge or Kids Can, but to Labour. 

Yes. Take your tax cut and give it to Labour. 

But what about the Greens? Where do they stand on this? What gesture are they making? 

By their own estimates they are the wealthy elite, many of them own homes. They're on salaries of more than 170,000 bucks a year. 

They're getting a close to 3% pay rise backdated to last October I might add. 

And Chloe Swarbrick, as the co-leader, will now get a nice bump to her salary for that too. She'll be on well over $200,000. 

Where are the pledges to donate, Marama and Chloe, et al, where are they? 

These tax cuts, according to you guys, are cruel and dangerous and a national disgrace, they benefit the wealthy elites. 

So the question is, what are you wealthy elites, by your own definition, going to do about it? 

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