Govt tax take is tanking - now well over $1 billion behind forecast. What could possibly be going wrong? Quick 🧵 to explain (it's uncomplicated).
Corporate tax is main driver (for now). Real term consumer demand is plummeting, sales are down, so firms scaling back/closing [1/n]

'The crime scene is getting worse,' Singh said. 'During the election campaign, promises were made by Mr Luxon and his team, but they are failing to control crime. We just see a blame game going on' rnz.co.nz/news/indonz/51…

Morena Aotearoa, looking forward to today’s media interviews 🍿 🍿

Luxon post cab today

'We are going to make NZ safer today, by setting our only measurable goals to be effective by 2030'

We are destroying this planet beyond belief and kiIIing everything on it.

This picture breaks my heart..

The size of Gaza superimposed on Wellington NZ. Massacre beginning of Rafah. An area of southern Gaza 8km in size. 1.4 million people are sheltering there. Smaller than Island Bay. This is an international crime

What I am saying very clearly to you is that the last Govt (the one that sprayed money around) was actually very mean. So, we've had to top the Corrections budget up to get locking people up 'back on track' [🧵1/n]

No doubt thar tomorrow in The Herald either Clare, Thomas or Audrey will let us know that today's post cabinet presser was the best they've ever seen.

OECD yet again asks “why the fuck don’t you have a capital gains tax?”

rnz.co.nz/news/business/…

For a party that’s good with numbers the press conference proved they aren’t.600 beds were funded by Labour & will be ready next year. Mitchell started off by blaming Labour Gvt as always without checking facts. It’s getting friggen annoying. 🤬 #CoClowns newshub.co.nz/home/politics/…

OECD warns NZ Govt it shouldn’t borrow to pay for tax cuts

Also: Like the International Monetary Fund, it said New Zealand needs a capital gains tax, because shares, land and owner-occupied property are treated favourably under the tax system. nzherald.co.nz/business/oecd-…

Nicola bullshitting more to HDPA saying she’s donating her $31k pay rise to the Wgtn City Mission. She told her it works out to $95 per week.

So if you do the maths and take out the tax, Nicolas $95 per week only adds up to $8k per year.

And this folks is why we’re in trouble

No disrespect, but neither myself or my Finance Minister Nicola Kwarteng will be taking any advice from the OECD.

BREAKING: Israel just dropped bombs on a civilian home in Rafah and massacred an entire family.

Among those murdered are 4 children, including a 7-month-old baby.

This isn’t “victim” behavior.

This is terrorism.

All eyes on Rafah!

nothing to see here nothing to worry about

Get ready NZ. This Murdoch style of media is heading out way.

Cheers National.

newshub.co.nz/home/entertain…

The Atlas Network. Neoliberalism. Billionaires. Fossil Fuels.

Scientists find new way to make cow's milk substitute and it could have a radical impact on New Zealand's dairy industry … and that would be good because we have WAY #TooManyCows ! newshub.co.nz/home/new-zeala…

Look, if you rub your hands this way and then that way, things like crime suddenly disappear and things like money for tax cuts suddenly appear and that’s what hard working NZers want to see and hear.

Morena Aotearoa. Look, thank god the criminals are listening to me. Hardworking NZers can now feel safe again after I released another video last night. We’re going hard on crime. It’s what I do. I get things done. It’s how I roll.