Once the election is in the bag for “The Great Communicator” we will be taxed into an additional decade of penury. That scenario is predicated on an absence of any other unforeseen calamitous event such as The GFC we entered a full year before the rest of the world, The seismic event, first flirted with by the now passed Troughmaster General that entered the lists to consign his mayoral ambitions into History, a second earth shattering from another EQuake further north from Jimbos nemesis, and then the godsend for Labour currently being exploited to the max, Covid 19.

NZ Inc salvaged with remarkably painless suffering, a seaworthy economy from some world applauded economic management by a conservative Government. It is confronting how that still resilient nation will negotiate the coming economic tsunami. I for one am finding it difficult to summon any degree of confidence.

That sop from Grunter yesterday dressed up as a “Major economic statement” was merely a little blurt to ensure the simple supporters will be encouraged to continue the belief that we will Tax The Rich Pricks. Of course those fortunate to be able to work out for themselves or being sufficiently aware to be able to understand the salient fact the promised half Billion extra tax will never eventuate and even if realised would still only be a drop in the bucket in offsetting the barely imaginable sum largely pissed up against a rotten wall by the CoL.

Once the seemingly unavoidable election win for the Fairy Prinzess and likely with an inane ridden minimal in number bunch of Marxist Melons on hand to carry the can for Ardernearly, Robber and Parkitere, wif Chippy yapping along, in a few words, “You aint seen nuffin yet. Sort of deep foreboding after “The Fat Lady Sings” if you will.

Capital gains taxes, fuel/energy levies, part charges central and local body, wealth taxes and increased taxes on earnings will all be instituted quick smart. Taxes that again will fall heaviest on hard working NZ citizens just trying to get ahead. There will be no impost on the welfare recipients apart from those on Super with some scrabbled savings currently earning close to 1% in the Bank and you can take it to the bank that the rich will remain immune because their accountants and lawyers will earn their fees.

Of course the Tax strategy clearly signalled for NZ Inc, faces abject failure in the face of our Aus Cousins signalling tax cuts to get growth and an age old meme do not meet recession/depression with tax increases. Of course such aspirational thinking is precluded from consideration for the Ideological stupidity riven current bunch even if they possessed the intellectual grunt to understand such heresy as an option.

Key strategy in face of “a decade of deficits” came with an understanding of economics from a banker and a previous Treasury economist running a pro business growth party with a track record of exposure to risk and reward. They succeeded whereas the current bunch who could struggle to run a raffle with compulsory participation to a profitable end game.