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Speaker 1: So welcome also to tax cut day. Been a while

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Speaker 1: since we've been able to say that, and the tax

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Speaker 1: cuts arrived to an uncertain sort of debate as to

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Speaker 1: what exactly they do I mean, Do they add to inflation?

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Speaker 1: Do they change lives to the extent that they are

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Speaker 1: material to most people? Do they get lost a bit

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Speaker 1: in what has been a tsunami of change and upheaval

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Speaker 1: since the new government arrived. Nicola Will is very bullish

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Speaker 1: about it all, and tells Question Time most days that

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Speaker 1: well over half a million people have gone to the

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Speaker 1: tax calculated to work out what the numbers mean to them.

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Speaker 1: The bit for me that counts today, though, is the message.

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Speaker 1: If we learned anything over the past few years, it's

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Speaker 1: the simple truth that there is no amount of money

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Speaker 1: a government can spend to quell demand. You can take

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Speaker 1: gargantuan amounts of cash, whether in real terms or borrow

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Speaker 1: to print it, and throw them all over the place,

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Speaker 1: and still you will find more hands worth, more needs.

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Speaker 1: It is a dangerous and slippery slope that we went down,

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Speaker 1: and we're still here this morning paying the price for it. All.

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Speaker 1: What government should do is take as little as possible

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Speaker 1: from you and me and whatever they do get spend

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Speaker 1: wisely and frugally. We are not a bank, and yet

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Speaker 1: we have been treated as such. The debate over the

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Speaker 1: so called wealthy not needing money is pointless. The debate

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Speaker 1: over those who are in need still being in need

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Speaker 1: as pointless because it is predicated on the idea that

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Speaker 1: one government's console hall problems and to a finite amount

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Speaker 1: of money. Does that neither are true. What is true

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Speaker 1: is workers need to keep as much of their income

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Speaker 1: as possible, and that is a rule that is too

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Speaker 1: often forgotten and broken. The top rate in this country

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Speaker 1: is thirty nine cents in the dollar add fifteen for GST.

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Speaker 1: You're paying well in excess of half of every single

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Speaker 1: dollar you earn to the government. And that's before you

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Speaker 1: get to the tax on the tax and the road

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Speaker 1: users and the acc and all the other money grabs.

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Speaker 1: So tax cut Day counts because it's a small win

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Speaker 1: for those of us who graft and pay this country's bills,

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Speaker 1: the net contributors as opposed to the net debtors, and

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Speaker 1: wins a few these days. So therefore wins are important.

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Speaker 1: For more from the Mic Asking Breakfast, listen live to

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Speaker 1: news talks that'd be from six am weekdays, or follow

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Speaker 1: the podcast on iHeartRadio