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How many farmers were going to vote for them anyway? We sit almost alone in the developed world in having no comprehensive tax on the profits from capital. We huddle round our vastly overpriced and all too often poorly built properties and effectively give the finger to future generations-including our own grandchildren. There’s not much use for a labour party which runs away from a tax on capital at the first sign of trouble.
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When the fund was originally established, $58.5 million (of a total $120 million) was allocated for vaccination support (not including $1.5m departmental expense). “Maori vaccinated IIRC it was $200M (not for vaccines, not for reimbursement of vaccinators but back pocket payments).” Not sure whether it will convince any swinging centre voters.
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I was having a conversation with someone, they told me they couldnt sell their investment property because of brightline, I did point out they could sell it, just have to pay a bit of tax…. Personally I dont care, wealth tax, cgt, knock yourselves out. We have much bigger problems than that, anyone voting based on a potential tax position needs to pull their head out of their arse. Like it or not, there will come a time where deficit spending will once again be necessary to stimulate the economy (like over the next couple of years). We seem to only want the upside of government spending, without the realisation that it must get sucked back up somehow.
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“I’m confirming today that under a Government I lead there will be no wealth or capital gains tax after the election. Prime Minister Chris Hipkins has ruled out implementing a capital gains or wealth tax after the election in any Labour-led government. You need to consider conditions like these when weighing up whether or not to claim a no deposit bonus code.
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