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Post by Kiwi Frontline on Sept 19, 2018 4:44:13 GMT 12
TAX AND RATE PAYERS ARE BEING SUCKERED B C writes > You tax payers and rate payers are the suckers. Do you all realize how many millions of your dollars are going to Tax free charitable trusts supported by TOW payouts and top ups? How many council funded charitable trusts have been set up by Iwi to manage council projects and Maori initiatives? These millions (or should I say billions) of dollars must be invested somewhere! The banks just want part of that pie. I was looking at one charitable trust, set up but a few years back as a bare trust which now has $80million in assets. Schools, farms, lakebeds and fisheries. They also have income from Quota. Your money now in other hands. The banks want your money back. Here is one Iwi Treaty Settlement Register. BNZ must love them. ngaitakotoiwi.co.nz/wp-content/uploads/NgaiTakoto-Treaty-Settlement-Asset-Register-2016.pdf
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