Written By: - Date published: 10:52 am, January 27th, 2020 - 11 comments
US Treasury Secretary Steve Mnuchin has attacked Greta Thunberg for not understanding the economics of climate change. But he has then been roundly criticised by a number of people, including his wife.
Written By: - Date published: 8:30 am, December 29th, 2019 - 124 comments
We may as well prepare ourselves for Trump overperforming his popularity again and winning. We’ve had to deal with left’s retreat in most of the world in 2019. So let’s prepare and plot some likely accelerated changes in Trump’s second term.
Written By: - Date published: 11:13 am, November 3rd, 2019 - 50 comments
Despite its continuous failure to work over the past 40 years trickle down remains a favourite justification by right wing administrations for allowing unfettered greed.
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.
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: 8:01 am, July 28th, 2019 - 138 comments
Despite the babies and the engagements, maybe it’s time to ditch the default Jacindamania.
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: 7:54 am, June 17th, 2019 - 175 comments
Act has proposed a tax increase for the bottom 64% of all tax payers.
Written By: - Date published: 10:47 am, May 21st, 2019 - 62 comments
Social media was responsible for the repeated broadcasting of the claim that Labor in Australia intended to bring in a death tax. What should happen when claims that are clearly wrong are made?
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.
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: 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: 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: 8:15 am, February 28th, 2019 - 32 comments
Gerry Brownlee has been obliged to withdraw a Facebook ad about tax bracket creep after it was discovered he had used grossly overinflated figures.
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.