INDEPENDENT NEWS

Beneficiary bashing is an expensive strategy

Published: Mon 11 Aug 2014 10:18 AM
Beneficiary bashing is an expensive strategy
As an election strategy, National continues its policy of beneficiary bashing. No surprises there. The latest is a sanctimonious claim of ‘saving’ $47 million dollars chasing up benefit fraud. John Key calls this “a stunning result for the taxpayer.” Seriously?
It’s not so stunning when you put it next to the billions in tax that corporates are evading. It’s a drop in the bucket compared to the $60+ billion the government owes in overseas debt. The money ‘saved’ over the last few years by turning away people in need is less than the Government pays in interest – every single week.
Democrats for Social Credit (DSC) would fix both beneficiary fraud and corporate tax evasion, without the expense of invasive investigations.
Instead of the punitive, targeted welfare system that blames people for being poor, DSC will establish a guaranteed basic income for every resident, regardless of age. This income will not abate if a person takes a job or lives with a partner. Therefore there will be little or no fraud, no invasions of privacy and by the way – no poverty.
Instead of the complex, loophole-ridden tax system that allows the wealthiest to evade their fiscal responsibilities, DSC will establish a Financial Transactions Tax, a tiny amount automatically deducted from every outgoing transaction from every account. No exceptions.
Anyone who thinks to evade this tax by shifting their wealth off shore will find a Foreign Transfer Surcharge (FTS) may be significantly more expensive.
DSC’s tax plan will replace GST, restore equality and pay back our national debt. With our basic income policy in place, we won’t need Work and Income. Self-serving Government Ministers who refuse others the helping hand that got them where they are today will be out the door.
A Democrats for Social Credit government will make history.
ENDS

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