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Tranquillum

Written By: - Date published: 7:28 pm, December 6th, 2020 - 134 comments

Don’t expect a jellyfish to grow a spine, they just bob along on the current and keep moving, gently, slowly, kindly.

No Right Turn: the obvious question

Written By: - Date published: 6:05 am, November 23rd, 2020 - 20 comments

One in four property speculators aren’t paying the bright-line tax.

Will consensus building paralyse Ardern?

Written By: - Date published: 7:14 am, October 21st, 2020 - 33 comments

Jacinda Ardern aims to bet both ways on our future – transforming Aotearoa to rid us of inequality and poverty, and building consensus. She has won a mandate with her historic, landslide victory but can she do both? My question is whether Labour are willing to do that because of her desire to maintain consensus and not rock the waka.

NZ election 2020: Labour win is a watershed moment in the country’s history

Written By: - Date published: 12:27 am, October 20th, 2020 - 47 comments

The 2020 election was more than just a victory for Labour and more than a crushing defeat for the National Party (New Zealand’s main centre-right political party). This result marks a significant watershed in New Zealand politics which will likely have implications long after this parliamentary term.

National tacks right

Written By: - Date published: 3:35 pm, August 26th, 2019 - 44 comments

National has released its economic policies for the next 12 months and they have a decidedly backward feeling about them.

Should the Government spend massively more?

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.

Jacindamania

Written By: - Date published: 8:01 am, July 28th, 2019 - 138 comments

Despite the babies and the engagements, maybe it’s time to ditch the default Jacindamania.

About the CGT decision

Written By: - Date published: 8:06 am, April 18th, 2019 - 232 comments

With the benefit of hindsight the decision not to proceed with a capital gains tax was almost inevitable.

CGT Dumped

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.

Support Tax Fairness Reform

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.

Astroturf organisation accuses Tax Justice Aotearoa of being an astroturf organisation

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.

Tax Justice Aotearoa starts campaign in support of CGT

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.

We need more than capital gains tax to address inequality

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 

Landlord advocates threatening rent increases if Labour wins next election

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.

The tax debate – Dogwhistle time

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.

National’s Tax review strategy

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.

MAFS National Style*

Written By: - Date published: 10:32 am, March 3rd, 2019 - 61 comments

National is grooming the voters for another dirty ACT.

Lies damn lies and tax analysis

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.

CGT as a Charitable Donation

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.

Why New Zealand needs a capital gains tax

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.

‘Taxpayers union’ – too ‘stupid’ to understand tax?

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.

Spare a thought for our poor impoverished landlords

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.

It’s the kiwi way

Written By: - Date published: 8:41 am, February 22nd, 2019 - 74 comments

National is engaging in hysterical levels of hyperbole in its response to the Tax Working Group’s reform package.

In defense of taxing the family home

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.

The Tax Working Group proposals

Written By: - Date published: 12:38 pm, February 21st, 2019 - 339 comments

The Tax Party working group’s recommendations have been released.

National and its no tax promises

Written By: - Date published: 1:51 pm, November 27th, 2018 - 38 comments

National have got out the old “no new taxes” songbook and are singing it as loudly as they can.

Tax Working Group report depressing reading

Written By: - Date published: 6:10 pm, September 21st, 2018 - 66 comments

The Tax Working Group says the gaping holes in our tax system make it unfair and undermine its integrity, but the prospect of the electorate embracing even its limited recommendations on taxing capital gains make for depressing contemplation.

Cullen says 2020 election effectively a referendum on tax

Written By: - Date published: 1:20 pm, March 7th, 2018 - 32 comments

Don’t hold your breath for recommendations of radical tax reform from the Tax Working Group. Chair Sir Michael Cullen says the 2020 election will be a referendum on tax and he is already kicking for touch

Tumbleweeds from National on the Tax Working Group

Written By: - Date published: 12:37 pm, December 21st, 2017 - 40 comments

[getty src=”602983205″ width=”511″ height=”339″] A month ago Labour announced that Sir Michael Cullen would chair the tax working group and the National Party was cock-a-hoop! Steven Joyce said: “Sir Michael is many things but a politically independent voice on taxation policy he is not,” Judith Collins had fun with it too, in her regular spot […]

IMF: higher taxes for rich will cut inequality and won’t hurt growth

Written By: - Date published: 12:30 pm, October 14th, 2017 - 104 comments

The International Monetary Fund (IMF) says it now favours higher taxes on the rich and has demolished the myth this might adversely affect economic growth. The authoritative Washington-based think tank in its influential half-yearly monitor also argued for taxes on capital, suggesting a wealth and/or land taxes should be considered, something that will make Gareth […]

Labour won’t regain power until it wins the tax debate

Written By: - Date published: 4:36 pm, September 25th, 2017 - 178 comments

Labour didn’t deserve to win on Saturday because, firstly, because it failed to bring a fully-fleshed tax policy to voters, and, secondly, it never attempted to win the ideological battle over tax. To succeed at the next election, Labour must begin work today to frame this debate.

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