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@Baron-Silas-Greenback Time to hide it in trust before it's too late?
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@canefan said in NZ Politics:
@Baron-Silas-Greenback Time to hide it in trust before it's too late?
They will tax family trusts as well I would imagine. Tax... tax everything!.. and then tax it again.
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@Baron-Silas-Greenback said in NZ Politics:
@canefan said in NZ Politics:
@Baron-Silas-Greenback Time to hide it in trust before it's too late?
They will tax family trusts as well I would imagine. Tax... tax everything!.. and then tax it again.
They will need Winston, considering that his core constituents will be hit by that tax I'd hope he would impede efforts to set up new taxes on inheritance and trusts
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@Baron-Silas-Greenback said in NZ Politics:
@Godder said in NZ Politics:
@JC said in NZ Politics:
@Crucial said in NZ Politics:
What advantage does the country get from having property investment treated differently to other forms of investment?
I think what the Baron is asking in a roundabout way is one that is at the centre of the left/right divide, and that is what is the job of government? The premise of any argument that concludes a CGT rounds out the set of taxes, and indeed of your question, rests on a belief that all the other ones are beneficial, necessary and fairly applied. There are a great many people who disagree with that presumption. They don't buy that it's the job of government to tax just because they can. How come realignment arguments never include removing the other taxes to even everything up at zero?
I'd love to see the ESCT scrapped (speaking of pointless taxes), but TOP's policy is basically to rebalance taxation from income to wealth. I'd agree with that, although I'm sure it doesn't endear me to many here.
Taxing wealth is just nasty, it bases itself on the premise that it is ok to forcibly take form one individual and give to another. That never works out well. But that aside.. it is also a fantasy.
Politicians never really get rid of taxes. They talk a talk about moving away form Income tax.. but they NEVER will, they might lower them initially (unlikely) but they will creep straight back up again as the envious and inept class start bleating about it is unfair some people earn more. (as opposed to them currently bleating about others having more). You vote for a new tax.. that tax isnt going away anytime soon, taxes are never re balanced. Anyone trying to convince you that they are is lying. We will just end up with a wealth tax and income tax.
But the tax that really gets me mad is the inheritance tax, it is a disgusting money grab by the state of something they have ZERO right to. My parents are getting older and barely a day goes by that I dont go around to fix something, or deliver some food or other things to make there lives easier. We are a family, we have helped each other out for years, nowdays I even invest their money and budget for them. They have spent ALOT on taxes during their life and to be brutally honest scraped and saved their way to what they have now, When they pass away... why the fuck should Jacinda Fucking Ardern have any right to say that their family shouldn't get that inheritance and should instead be spent by the govt?When my eldest was about 5 he overhead me and the wife discussing tax (we were in Norway at the time which makes NZ look like the Cayman Islands in terms of tax). He asked me what tax was and I explained to him that each month I had to give a large chunk of what I earned to the government.
His immediate response?
"But that's stealing."
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Jacinda's comments about needing an "interventionist" government really concern me. She's way further to the left than a lot of people seem to realise.
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@taniwharugby said in NZ Politics:
@canefan but they will have a tax working group, surely that's sufficient for your vote? ...kinda like accepting a job and agreeing to negotiating pay once you start work
Maybe Steven Joyce's attacks are seeping in?
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Worst possible result for Labour. They want the Greens neutered but they definitely don't want them creating a large overhang (large enough for Nats to govern alone) by just missing out on the 5%.
I still expect Greens to get about 6.5-7 and Winnie 7-8 ACT to get one seat MP 2 (but not necessarily the current two) and the rest shown to be the jokes we all knew they would be
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I cannot really get to excited about this poll, as my faith in polls.. is at rather low levels. But I suppose it does break the trend of polls showing a Jacinda wave.
I am still nervous. -
@Baron-Silas-Greenback said in NZ Politics:
I cannot really get to excited about this poll, as my faith in polls.. is at rather low levels. But I suppose it does break the trend of polls showing a Jacinda wave.
I am still nervous.At least it changes the optics, until next poll at least. Up until now there was a feeling of inevitability about Labour sweeping to victory. Bill appears to have turned back the tide somewhat and the Nats should go on the front foot with that
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Stuff has a "poll of polls". Most recent update:
Summary of recent polls from Wikipedia:
My two cents worth is that whilst polls have probably been more inaccurate in the US and UK recently, the polls seem to have underestimated the anti-establishment vote.
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Some very astute, and IMHO accurate, comments in that article about Bill and Jacinda. I'd like to say it gives me hope that not everyone is caught up in the Jacindamania bullshit of all icing no cake, but people are on the whole are quite fucking stupid.
NZ Politics