Funny man ;)
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Very smart move in my opinion for both Labour and the Greens. You can get a lot more done to advance your policies if you are a Minister rather than being in opposition. It would be a shame to waste James Shaw’s knowledge and experience. Politics is about negotiation and compromise. Seems to me that labelling it hypocrisy is based on who the parties are not on actually doing a deal. Your bias is showing.
Probably a few more people will start thinking like this person who made this comment about the above article:
… I’ve changed my mind, we need a capital gains tax. Urgently. It makes no sense that us income earners will pay high tax so the government can buy houses for those who can’t afford them while the so called investors, with many houses, who are largely causing the problem, don’t pay any tax on their profits.
Momentum starting to build in getting CGT back on the agenda.
Somebody has got to people like Dominic Steven's from Westpac whose back touting it - even though the Bank prob not on favour.
Even the PM seems to be changing her minds
I wouldn't panic this guy may have a point.
https://www.msn.com/en-nz/news/world...?ocid=msedgntp
Yapping on about diversity and liberalism while doing nothing of any real substance is most likely.
I reckon labour won because they went one further than National. No capital gains tax, won't touch your nz super AND we will protect the oldies from co-vid (which National were a bit vague on)
I reckon a Jacinda govt will be very similar to a John Key govt very popular because they won't rock any boats.
Labour and National are only distinguishable under a magnifying glass.
There will come a time - in ten or fifteen years perhaps at current rate - when a point of inflection will be reached. When 50% of voters will have been priced out of home ownership or even the prospect of it. When electoral self-interest will mean that a general CGT will have to be introduced to broaden the tax base. Perhaps one that includes the family home in some deferred way too. The Coronavirus response by the RBNZ may have hastened the onset of that point of inflection. If you include those who have been priced out of upsizing/upgrading their exisiting homes, 50% of voters may have been priced out of the current market already.
Twenty years of inaction has led to a 'toxic' NZ housing market
https://www.stuff.co.nz/business/opi...housing-market
Contributory issues, but Labour won so convincingly because of the Jacinda/covid effect.Quote:
I reckon labour won because they went one further than National. No capital gains tax, won't touch your nz super AND we will protect the oldies from co-vid (which National were a bit vague on)
Switched post to the Labour Government 2020-23 thread.