Tax Cuts Caused Current Crisis

Russel Norman provides the evidence for what he has been saying for some
time, the economic crisis is largely the result of tax cuts to the rich. New
Zealand has just been following what has happened in many other so called
"developed" countries; the greed of the rich results in a reduction
of government revenue and the poor suffer through the introduction of austerity
programmes in an attempt to balance the books. Rather than increasing revenue
by reintroducing fair taxes the government cuts support to those who need it
the most. National keeps claiming that an ongoing recession is causing the
deteriorating state of the government's books and yet last year New Zealand's
richest saw their wealth increase by over 18%, for them the
recession ended some time ago. The country's 151 richest people saw their
collective wealth reach $45.2 billion last year, up $7 billion from the previous year. The crisis is a lie, greed and mismanagement is creating the problem!
Russel…
Russel…