View Poll Results: Should there be a Capital Gains Tax on Property
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No
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Yes
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Goff is just an idiot
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Epic fail for Labour
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Originally Posted by Bjauck
Maybe overcapitalised was the wrong word. Ensuring good quality well insulated and appointed housing is not a waste of resources. The trouble is the cost of land is so high in NZ, resulting in less ability to afford a high standard for the improvements on the land.
Hence my concept about local & Central Government buying land, rezoning it to create new subdivisions etc.
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