sharetrader

View Poll Results: Should there be a Capital Gains Tax on Property

Voters
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  • No

    213 100.00%
  • Yes

    74 56.49%
  • Goff is just an idiot

    2,147,483,658 100.00%
  • Epic fail for Labour

    1,935 100.00%
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  1. #11
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    Apr 2008
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    Sth Island. New Zealand.
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    Quote Originally Posted by Baa_Baa View Post
    Which includes capital gains on shares (assets). I wonder how people will feel about losing their marginal tax rate on their capital gains on shares when they sell them, or when their estate sells them. I think it sucks.
    Plenty of people pay income tax on shares they sell now, and of course that's at marginal tax rates. If you are deemed to be a trader you will pay tax on profits, whether it's cars, houses, shares, second hand furniture, holes to put in swiss-cheese, or widgets you're selling.
    Last edited by fungus pudding; 21-02-2019 at 10:01 PM.

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