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 fungus pudding
Exempting basic foodstuffs is plain stupid; particularly so with perishables. NZ's GST all inclusive systrem is the envy of tax collectors the world over. Leave GST as is and exempt the first $XXXX of income tax - a much better idea.
I don't disagree. Keep it simple, I was just using the foodstuffs as an example of other countries recognising that GST is a regressive tax and trying to make it less so by exempting basic necessities.
It would seem that legislators around the globe can recognise the regressive nature of GST but posters on this site are unable to. Sometimes when you are self centred it is hard to accept things that don't fit with your beliefs.
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