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  1. #151
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    Have a look at the number of countries that once had a wealth tax and have since chucked it out.

  2. #152
    IMO
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    Floating Anchor Shoals
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    How many is that?

  3. #153
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    Quote Originally Posted by Joshuatree View Post
    How many is that?
    Wikipaedia is your friend.Lol

  4. #154
    Guru
    Join Date
    Aug 2012
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    4,744

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    Quote Originally Posted by couta1 View Post
    Have a look at the number of countries that once had a wealth tax and have since chucked it out.
    NZ has no broad-based wealth taxes, capital gains taxes, death or estate duties, or capital transfer taxes. How many other countries have such a situation?

    Of course existing NZ income tax can become a CGT or a Wealth tax in certain situations - which will warp investment decisions correspondingly. So maybe if you are not in such situations you can say there are no wealth or CGT taxes.

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