If National wins ...

[fungus pudding]

People seeing Reds under the bed - really?
I thought we had gotten rid of the communist rubbish many years ago.

She's not a communist - she's a social democrat of the Nordic or Scandinavian model, who generally do not like to be called socialists - but that is what they are.

[Joshuatree]

In the words of JT , Jacinda is just a liar. She knows exactly what taxes will be put in place and knows Labour would lose the election if she came out and said it.

And the comrades speech, 25 is not young. Convenient memory lapse by her. And I could quote JT here again.

She is not lying thats the domain of billy and joyce ,on the record for all to see; but i may well be mistaken.And you can not say" she knows exactly what taxes will be put in place" oh no. That sort of smearing will end up back on the one throwing the dirt as it has for holes joyce and english. Labour are fighting a clean fight, national are fighting a dirty fight; it reflects badly on them; we need standards. People are voting now and you are pushing the same old fear mongering barrow up the ever steepening hill; at least you're are being consistent but desperate in your flailing.

[Joshuatree]

Speculators pay tax on buying and selling real estate now.
CGT that she will introduce on real estate and businesses will not make a great deal of difference to those markets.

It will make it fairer. nothing more galling for an honest working taxpayer to see these speculators screw the renters (those hard working folk who can't come up with deposit because houses are so dear and out of reach) run their rentals at loss , then flick them after so many years for minimal or no tax; its so wrong.

[fungus pudding]

It will make it fairer. nothing more galling for an honest working taxpayer to see these speculators screw the renters (those hard working folk who can't come up with deposit because houses are so dear and out of reach) run their rentals at loss , then flick them after so many years for minimal or no tax; its so wrong.

Then apply it to the primary residence or family home as well. How do you think tenants view their neighbours that own their houses then flick them after so many years for no tax; it's so wrong.

[Joshuatree]

But what if the expert tax committee says they should be implemented?

Its very clear she knows what taxes she wants - she just isn't telling

Not an option ; they are off the table. Thats the only guidelines this mere mortal knows about atp. Getting the best brains who specialise in this area is what any sensible person would do just as businesses do and as national have done in the past.

[Joshuatree]

Then apply it to the primary residence or family home as well. How do you think tenants view their neighbours that own their houses then flick them after so many years for no tax; it's so wrong.

Wrong ,a little nuts there fp. Everyone should have the opp to have their own home. Under national home ownership is less and less reachable then ever before imo. You know peoples properties are off the table for capital gains tax fp . You have a lot invested in property; are you mortgaged to the eyeballs?

[minimoke]

Wrong ,a little nuts there fp. Everyone should have the opp to have their own home. Under national home ownership is less and less reachable then ever before imo. You know peoples properties are off the table for capital gains tax fp . You have a lot invested in property; are you mortgaged to the eyeballs?

Why should a family home be exempt. There are profits to be made when the owner sells and down sizes or dies. That's not fair that families of the wealthy Capitalist land owners reap the benifits while the serfs in rentals can only look on with envy.

[dobby41]

Then apply it to the primary residence or family home as well. How do you think tenants view their neighbours that own their houses then flick them after so many years for no tax; it's so wrong.

Who care what the tenants think - they don't own the place so won't get any capital gain either way.

I would apply it to all houses though (primary or not) and everything else. Keep it simple without ifs and buts.

[fungus pudding]

Wrong ,a little nuts there fp. Everyone should have the opp to have their own home. Under national home ownership is less and less reachable then ever before imo. You know peoples properties are off the table for capital gains tax fp . You have a lot invested in property; are you mortgaged to the eyeballs?

No. I do not have mortgages these days. But if you think CGT is a good idea (and I do not say that it isn't - only that it must be properly designed) then why is it a good idea?
If it is to make it 'fair' for those who are not benefitting, then why exclude the family home? That opens the gap between haves (owners) and have-nots (tenants), and you know as well as I do that there is much concern about the gap between so-called rich, and so-called poor, or do you not care about the poor?

[dobby41]

wealthy Capitalist land owners reap the benifits while the serfs in rentals can only look on with envy.

Could be they worked to be wealthy landowners.
Maybe the serfs could work at it?

While I agree with the CGT for everything some of the arguments supporting it are a bit spurious I feel.