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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%
Multiple Choice Poll.
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  1. 13-04-2011, 10:38 AM #10
    Aaron
    Aaron is offline
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    Quote Originally Posted by Lizard View Post
    One issue with CGT as a form of revenue is that it tends to dry up just when the economy is at its weakest, thereby dealing a double blow to govt accounts and capacity to stimulate.
    The same could be said for GST and income tax. Maybe not losses but much reduced.
    Capital gains tax would not be about going after anyone in particular as Shasta suggests above. I just think that an earned dollar of income can sometimes take a lot more effort than a capital gain so why is it that we are happy to tax income but not capital gains.
    Last edited by Aaron; 13-04-2011 at 10:44 AM.
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