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16-11-2018, 08:33 AM
#2011
Originally Posted by BlackPeter
Various quite different education themes linked into a quite complicated and unrelated tax issue - and this in just two lines ...
Originally Posted by BlackPeter
I have not yet seen though a fair and efficient capital gains tax in any country. Have you?
Discl: have seen three children through the NZ school system and served as well on a board of trustees and on a community board. I do know the system.
True I covered several fields in the one post. I was most intrigued by your negative comparison of NZ special needs accommodation with “most civilised countries.”
Which are these civilised countries and what makes them “civilised”?
Dedicated special needs schools may be cost effective and feasible in large population centres but in less densely populated areas it could be impractical and inadvisable to dislocate the pupils?
I totally agree with you in relation to a non-comprehensive CGT...but I wondered if you would need to apply your “what happens in most civilised countries” test to tax and topics other than education too? This thread is not limited to education.
Disc: I have no experience of special needs education in NZ or in other countries (civilised or not).
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16-11-2018, 09:32 AM
#2012
Originally Posted by Bjauck
True I covered several fields in the one post. I was most intrigued by your negative comparison of NZ special needs accommodation with “most civilised countries.”
Which are these civilised countries and what makes them “civilised”?
Dedicated special needs schools may be cost effective and feasible in large population centres but in less densely populated areas it could be impractical and inadvisable to dislocate the pupils?
I totally agree with you in relation to a non-comprehensive CGT...but I wondered if you would need to apply your “what happens in most civilised countries” test to tax and topics other than education too? This thread is not limited to education.
Disc: I have no experience of special needs education in NZ or in other countries (civilised or not).
Happy to have with you a discussion about special needs education or about the CGT. However - if this is just about your special need in nit-picking ... life is too short for that. Enjoy your life!
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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16-11-2018, 09:57 AM
#2013
Disc: I had nits when I was a child. It was a relief when they were cleared up and my hair was nit-free!
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16-11-2018, 10:30 AM
#2014
Originally Posted by winner69
Prof Brady tweeted this today
Anne-Marie Brady (@Anne_MarieBrady)
16/11/18, 10:20 AM
Yesterday my car was sabotaged, two tyres had been interfered with; someone broke in to my garage to do it. It was only be chance I took the car into the mechanic for the six-monthly warrant and he noticed it straight away.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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16-11-2018, 10:35 AM
#2015
And Jacinda again repeating NZ is not taking sides in South China Sea dispute
Not taking sides is a way of supporting the aggressor ...shame
Not just Labour but previous National government as well
”When investors are euphoric, they are incapable of recognising euphoria itself “
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20-11-2018, 08:15 AM
#2016
This is not really related to the headline of this thread but political. It is clear that privacy laws have become ridiculously restrictive and the rights of offenders have become much higher placed than rights of previous or potential victims. We need a law change https://www.nzherald.co.nz/nz/news/a...ectid=12160069
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20-11-2018, 10:03 AM
#2017
Originally Posted by winner69
And Jacinda again repeating NZ is not taking sides in South China Sea dispute
Not taking sides is a way of supporting the aggressor ...shame
Not just Labour but previous National government as well
well they are comrades to her globalism socialism
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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20-11-2018, 06:34 PM
#2018
Originally Posted by winner69
And Jacinda again repeating NZ is not taking sides in South China Sea dispute
Not taking sides is a way of supporting the aggressor ...shame
Not just Labour but previous National government as well
The USA is the most aggressive country in the world and has been for a long time.
westerly
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21-11-2018, 06:42 AM
#2019
Dangerous idea from Parker. They should leave the Guardians of the Super Fund alone to do what they are meant to do. https://www.stuff.co.nz/business/108...enture-capital
Their mandate is simple and we don't need political interference:
"Mandate
Under the Act, the Guardians must invest the Fund on a prudent, commercial basis and, in doing so, must manage and administer the Fund in a manner consistent with:
best practice portfolio management;
maximising return without undue risk to the Fund as a whole; and
avoiding prejudice to New Zealand’s reputation as a responsible member of the world community."
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21-11-2018, 04:35 PM
#2020
Originally Posted by iceman
I think the whole construct and circumstance of the Superfund is political - Cullen being the architect. National suspended payments into the fund during its time in office. As a result of previous lack of planning, Today's taxpayers are not only paying for today's pensions but they are also paying into the fund for the provision for tomorrow's pensions. The fund exists even though NZ continues to have government debt.
As it does exist, I agree with the proposition that it should be involved in funding NZ venture capital and I think too the fund should finance and invest in only NZ based companies and business. At least that way it could compensate for past NZ policies and circumstances that have seen the NZ share market hollowed out and many NZ businesses relocating overseas in order to access capital.
It is shameful that only 15% of the super funds assets are in NZ. That means that NZ taxpayers taxes have been diverted overseas. If the money had been left in the hands of taxpayers, taxpayers would probably have spent more than the Superfund has on investing in NZ or supporting NZ business. As all the delisting companies attest, NZ companies have been finding it difficult to raise capital in NZ and the tax-funded Superfund, as it now stands, may have added to that difficulty.
Instead of the Superfund, the half-hearted Kwisaver should be boosted. At the moment tax breaks are limited with little incentive for taxpayers to boost their annual contributions beyond the minimum to get the annual tax credit or to build up a sizeable balance. There should also be greater incentives/tax breaks for kiwisavers to invest in NZ-only investments.
Last edited by Bjauck; 22-11-2018 at 07:23 AM.
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