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  1. #10
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    Quote Originally Posted by Balance View Post
    NZ is one of the very few OECD countries not to have a CGT.

    Better keep it that way ?

    The way CGT and other Socialist spins usually play out is to shaft those on the bottom of the
    feed chain pro rata harder than others

    Millions of Kiwisaver holders held at ransom could pay dearly

    What of Rest Home operators - ultimately another cost ?

    Unit holders - Another cost ?

    And anything else the CGT net purports to go after as well

    If the last efforts by the Beehive twits on the earlier CGT stance is anything to go by
    then the current Socialist Govt probably couldn't hold it together for long enough before getting
    given the boot for trying it on again

    And what will a Govt that doesn't have the nous to even recognise Tax bracket creep on their doings
    choose to squander the further hijacked gains on ?

    Probably nothing productive or useful .. look at what recent spotlight policies have produced

    A few enriched consultants producing fancy reports for chewing things over and nothing further
    after a bunch of politicians woke up to their future tenures being placed at risk if they stirred
    the pot too fast ..
    Last edited by nztx; 13-03-2023 at 02:33 PM.

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