View Poll Results: Should there be a Capital Gains Tax on Property
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No
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Yes
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Goff is just an idiot
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Epic fail for Labour
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Originally Posted by mfd
I'd love to see an inheritance tax in NZ - there's no time I'd rather pay my tax than after I'm dead. A society where each generation stands on its own two feet a little more should be an improvement - it obviously won't do anything about the better schooling and connections of the well-off but it gives those less lucky in birth a bit of a fighting chance. Ideally I'd pitch it higher than 33% as this money is truly unearned and receiving it is correlated with the other benefits I've mentioned, but I guess that's a good starting point.
Sorry to disappoint, but I can assure you, you will not inherit one cent after you are dead.
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