What a completely dopey remark. I don't know of any country that taxes on turnover rather than profit. Neither do you.
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Don't be silly. Businesses can't be taxed on turnover. It could not work. Even a simple example, say a one man band plumber with some plant and a van has costs like interest, depreciation, maintenance etc. and would be out of business in a week if those costs were treated as profit and taxed. Self employed cannot claim interest on money borrowed to buy a house, or on maintenance. Now be a good boy and go and have that shower.
I don't like the way this country is going, that's for sure. It could be so much better. I guess you're doing your bit to make sure it stays that way, you're just protecting your position. That doesn't mean you can accuse me of anything, hurl abuse at me repeatedly over the web. How about you destroy my arguments carefully, if you think you can, FP. Otherwise, just don't reply.
Hmm - you mean the majority disagrees with you and this is not to your liking:p. I guess you are saying the people should stop thinking and just do what the Labour politburo suggests? Maybe they could, but please don't call this "good" or "better".
Sure - if we listen to your constant nagging, than the Labour party seems to push for a New Zealand occupied by a bunch of welfare dependant people without own opinion but shaped by the messages of the dear Labour Leader?
Not my view of good or better - and neither the view of a majority of New Zealanders. Lets hope that it stays this way for a long time to come. This country is great!
Not at all, Artemis. FP has a misguided thought that if he ever has to register his commercial properties as liable to a CGT, then so should every home owner. Despite the fact that private homeowners cannot claim back any interest or expenses on their own property they're living in, unless they gain some income from part of it. Most don't, of course. That's why, in any CGT that might occur later, private homes would generally be exempt. You could argue the same for a bach that is never rented out. FP continues to trot out this plainly unacceptable line, thinking it will help National's argument about not levying a CGT.
Wrong again eZ. I can't be bothered going through it all again - you harped on and on about this when Cunliffe was embarrassing himself as your temporary god and I raised many points to think about. Suffice to say once again a CGT has many pros and cons. If I accept any politician's view on CGT it is Roger Douglas's.