'Asset Share Bonus' final theft for the rich
Bonus shares eyed to sweeten asset sales
Cheap share packets and bonus shares are being considered as the Government prepares its first sell-down of state-owned assets.
Seeing as the only people who will be able to afford these shares are the richest NZers (those who were given almost $3 billion in borrowed tax cuts), the idea that we will now bonus those same Shire volk has all the rapacious character of a vampire squid high on meth feasting on an infants face.
This is a subsidized public mugging, the impacts of which will deform the economic potential of the next generation.
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posted by Bomber @ 7:54 am
1 comments
1 Comments:
We are being bribed with our own money/assets?!
This reminds me of Rob Muldoon in 1975, who bribed the electorate with it's own money when he offered to return all our money to us by closing down Labour's compulsory savings schdeme.
We took the bribe; voted for Muldoon; he duly gave us back our savings; we happily spent it; and now we have a poor savings record.
Aren't we a f*****g clever bunch. Not.
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