Paying It Forward Not Payback Or Paywalls

Inequality and crime go hand in hand. There is enough research now to make that abundantly clear. We can have more police to catch people who take what they want but will never be able to afford to buy. We can introduce harsher sentences. We can build more prisons. But we will never have a safe place to live until we address the root cause – some people have far too much and others not near enough. Continue reading

Give National Superannuation To Everyone

National Superannuation is a great scheme. It allows people to live with dignity whether they are in paid work or not. It has been around in non-means-tested form ever since 1938. National party stalwart Rob Muldoon insisted on a national superannuation rate of 80% of the average wage for couples.

Universal national superannuation survived the era of Rogernomics and Ruthanasia. Almost. The age of eligibility was raised from 60yrs to 65yrs, and the rate dropped to 66% of the net average wage. And politicians, neoliberal economists, and the independently wealthy have been trying to work out ways to get rid of it ever since. Continue reading

What We Could Do With Our Superannuation Fund Today Instead of Squirrelling It Away

Our national superannuation fund will never completely cover annual superannuation payments. It will just provide a small top-up, eventually, maybe. The fund currently stands at $30.1 billion, but it could all disappear in a puff of smoke if there is another financial crash. Continue reading

Mean(s) Testing

Everyone deserves a liveable income whether in paid employment or not; our society relies on a great deal of unpaid labour to function. A liveable income for everyone is only fair. And being fair is something that most New Zealanders pride themselves on.

The flip side of this is the amount of time spent worrying about unfairness. It is good to worry about unfairness if it is confined to worrying about people missing out on basic entitlements and taking steps to make sure this doesn’t happen.

Unfortunately these days it seems to have gone the other way. The focus is on people getting things others don’t think they are entitled to. Mainly directed at those who get very little by those who have already got a lot. Continue reading

Its Time To Bite The Bullet; If We Want National Superannuation, We Need Progressive Taxation

It seems like the Labour Party has fallen prey to the baby boomers’ panic over national superannuation with its announcement that it will raise the age of entitlement for superannuation to 67 years.

Baby boomers are now staring old age in the face, and with it loss of earnings from paid work, disability, and eventually the need to be taken care of – but by whom? Until the early 1980’s the top marginal tax rate was over 60%. It is now 33% and still the wealthy complain. Continue reading