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Showing posts with label Backflip. Show all posts
Showing posts with label Backflip. Show all posts

Thursday, September 1, 2022

Point of Order: Wow – How closing the KiwiSaver tax loophole gave the Govt a springboard for a world-class policy somersault



The Ardern government has improved its gymnastic skills and this week executed one of its fastest somersaults of its turbulent career on what the mainstream media had labelled “the KiwiSaver tax grab”.

Of course, that label was a misnomer. Even so, a clever politician would have sensed the gathering storm long before it burst.

Even now, the government is left fretting as it surveys the damage done, rather like the Nelson residents who lost their homes last week.