POLL : New poll - 2 weeks till the election CLOSED

[Bjauck]

I think the thrust of NZ’s family trust, tax regime and policies in general were mostly in place before Boomers were in charge. I think they were designed for a farmer based economy so that the large farms could remain intact and not sold off or divided to pay taxes, that exist in other countries, such as inheritance or capital gains tax.

So NZ has got what the electorate back then wanted - a land owning gentry, with an unsophisticated low productivity service sector and companies increasingly owned by off-shore interests. Without major reform the major parties just tinker around the edges.