Written By: - Date published: 3:18 pm, August 8th, 2019 - 58 comments
With yesterday’s announcement by the Reserve Bank to cut interest rates by 1%, some are suggesting that the government should embark on a massive public works spree to stimulate the economy while increasing national debt at low interest rates. But Kiwisaver reform may be more effective.
Written By: - Date published: 8:56 am, July 10th, 2019 - 28 comments
I’ve been musing on the subject of minor drugs that are currently illegal and their supply chain. It is early days so far, but almost all of the news coming through from where the recreational use of cannabis has been decriminalised hasn’t indicated dire consequences. There are some pretty obvious benefits – especially in the quality of supply.
Written By: - Date published: 7:21 am, July 5th, 2019 - 25 comments
* this is one possible interpretation for National’s praise of the Morrisonn Government’s change to Australian tax system.
Written By: - Date published: 9:34 am, June 21st, 2019 - 29 comments
Everyone knows that getting employers to increase rates of pay and improve conditions of work takes real pressure and the only real way working people can exert pressure, in the unbalanced relationship that exists between individual employees and employers, is by acting together; collectively. And that’s what we’ve been doing week in, week out and getting real results.
Written By: - Date published: 9:00 am, May 24th, 2019 - 72 comments
Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.
Written By: - Date published: 9:00 am, April 30th, 2019 - 36 comments
UK Labour has released a stunning advertisement on what happens if you give ordinary people more resources compared to if you give a billionaire a tax cut.
Written By: - Date published: 2:08 pm, April 17th, 2019 - 244 comments
The Government has announced that there will be no Capital Gains Tax. It’s a shame, but it’s good politics.
Written By: - Date published: 12:15 pm, April 9th, 2019 - 16 comments
The Tax Justice Network has started a campaign to gain support for taxing capital as income to support and improve our public services. If you would like to support the campaign, you can sign the petition here or donate here. All funds donated will go to the campaign advertising.
Written By: - Date published: 12:13 pm, April 8th, 2019 - 18 comments
The Taxpayer’s Union (not a real union) has hit peak irony by accusing another organisation of being an astroturf organisation.
Written By: - Date published: 7:46 am, April 8th, 2019 - 168 comments
Tax Justice Aotearoa has started a public campaign in support of a capital gains tax.
Written By: - Date published: 2:41 pm, March 25th, 2019 - 46 comments
The most important comment in the Tax Working Group’s Final Report is that even the reasonably comprehensive capital gains tax proposed is likely to have only a minor impact on addressing inequality — what is needed is a more progressive income tax system that lifts the top marginal tax rate
Written By: - Date published: 8:05 am, March 11th, 2019 - 288 comments
A landlord has advocated that all landlords should threaten to increase tenant’s rentals if Labour wins the next election.
Written By: - Date published: 8:07 am, March 7th, 2019 - 111 comments
National has resorted to race baiting in its attempt to denigrate the Tax Working Group’s proposed capital gains tax.
Written By: - Date published: 11:22 am, March 5th, 2019 - 107 comments
The Government is not due to announce its response to the Tax Working Group’s recommendations for a few more weeks. It appears that National using outrageous assumptions will take the opportunity to raise horror stories in the media on how bad the tax could be.
Written By: - Date published: 10:32 am, March 3rd, 2019 - 61 comments
National is grooming the voters for another dirty ACT.
Written By: - Date published: 1:21 pm, March 2nd, 2019 - 67 comments
National’s claim that a capital gains tax would reduce the value of an average worker’s Kiwisaver account by $64,000 over a 45 year working life seems to be as valid as Steven Joyce’s claim there was an $11.5 billion dollar hole in Labour’s draft budget.
Written By: - Date published: 12:44 pm, March 2nd, 2019 - 31 comments
Treat CGT like a semi-voluntary donation and give people a say in how it is spent.
Written By: - Date published: 9:16 am, February 27th, 2019 - 249 comments
Expert comment suggests that a capital gains tax will redress inequality, improve the economy and make housing more affordable.
Written By: - Date published: 9:30 am, February 26th, 2019 - 59 comments
There is a classic piece of waffle in the NZ Herald about when capital gains tax will apply to the family home. But the conditions when this applies are extremely simple and obvious. However professed experts on taxation like the so-called ‘taxpayers union’ can’t understand them. Probably because they are paid not to.
Written By: - Date published: 8:17 am, February 25th, 2019 - 225 comments
Spare a thought for poor landlords who are aghast at the thought that they should have to share capital gains on properties they have purchased with no intent of making a capital gain.
Written By: - Date published: 7:53 pm, February 21st, 2019 - 129 comments
Let’s talk about why houses, art, and basically everything should be in the new Capital Gains Tax that Labour and New Zealand First should get onboard with, contrary to their reservations.
Written By: - Date published: 7:17 am, February 19th, 2019 - 75 comments
The Government has indicated that it will seek to tax digital companies from overseas.