07 February, 2008

Don Brash's inflation taming plan

There be the link.

What I find so surprising is why he seems to be puzzled as to why the idea of a mortgage levy was so profoundly unpopular.

"This idea went down like a lead balloon with the public, at least in part because it the suggestion was very poorly explained. "

No, we understood it all right. It was a tax mortgaged home owners had no way of avoiding. Most dream of paying off their mortgage but few can at short notice.

At least the impact of petrol tax can be lessened or avoided by simply not using petrol. Which is why it would have to apply to all fuels, or at least diesel to be effective.

I guarantee that such a proposal is not promised or put in place by the next election.

No comments: