They just won’t have any of the government services and infrastructure needed to do business and will, therefore, be a hell of a lot worse off.

Yes, you are. $1 given to the government does not result in $1 of social spending.

Even allowing for your so-stated circumstances allow me an honest answer to this serious question — is your remuneration fair?

Thanks for setting me straight about the ways of the world.

Also, in the situation you discribe, the couple are carrying out a business under current law – the purchase price of the house and the expenses they incur doing up the home are tax deductible costs and anything they make from the sale is a taxable profit. captial tax would not apply, because the house, in this instance, is not a capital asset for the business.

Honestly, Brett, get more informed. Your examples nearly always illustrate an underlying ignorance.

Those who buy property for the capital gain profit but pretend to the IRD they are buying it for the income. Makes me bloody laugh. Especially when said folk complain about other tax cheats.

Hard work should be rewarded.

captcha: business saying. ha ha – i’m sure there is a little person sitting somewhere making these up depending on the subject matter,

I tend to get sick of the tax debate at times…….. tinkering around the edges with tax increases and decreases only serves to get people frothing over very little indeed – most of the time it’s just politicians playing games. The only thing one can usually expect is that whomever has control of the treasurey benches will be giving with one hand while taking with the other.

Toad

I agree with the Greens on the Capital Gains Tax issue but I doubt any of the major parties have the gumption or lack of self interest to go there.

BTW, have you seen the statement from the Manufacturers and Exporters Assn advocating a capital gains tax, which would be a componenent of the Greens tax shifting policy? Seems that at least some business interests agree with the Greens on some economic issues after all.

So, BLiP, a tax cut is a subsidy to business and social welfare payments are subsidies to business?

Am I right in guessing that you also consider payments to business for goods and services subsidies as well?

” . . . Tax cuts arent a subsidy to business?????? . . . ”

In that case, perhaps you can explain why the Employers & Manufacturers (Northern) Chiief Excutive said: “National’s bigger tax cuts would also put more earnings back in the hands of the private sector.’

Just like the accommodation supplement, family tax credit, and child care subsidy assist employers to sleep at night, so too are measly little unwanted tax cuts business susbidies.

What part of that don’t you uinderstand?

Well why not tax increases were cited as the solution to global warming, why not vice versa ?

No tax cuts will mean working NewZealanders will soon have some of their own money back.