For Iceman

For SBQ Add on the provincial tax and NZ rates are low. Add on the state taxes in the USA also. The banks do exceedingly well as far as profits go in NZ
I also doubt there will be a rush exodus to overseas tax havens. NZ has relatively low tax rates for higher earners.
I don’t agree a farmer or business owner should be taxed on profits from selling but I prefer to wait and see the Govt. proposals.
Most of the discussion on CGT seems to be politically motivated which is to be expected.
There is a need for CGT particularly in the property area.