NZ must introduce a capital gains tax, sooner or later

Written By: - Date published: 12:41 pm, September 2nd, 2011 - 29 comments
Categories: capital gains, capitalism, class war, Economy, tax - Tags:

Recently I posted about Warren Buffett’s call for increased tax, “of course” including capital gains, on America’s most wealthy. The wealthy elite in Europe are now joining Buffett in these calls, why? Maybe it’s because they know the truth, they know that the world is likely to enter another global recession, and they know the risk this will bring to social cohesion, which they rely on for maintaining the lifestyle they enjoy.

They know that the figures released today showing worse than expected manufacturing results from the Eurozone point to bigger problems on the horizon. They know societies and social cohesion will slide if inequality is not addressed, they know they’ve had a good run over the last thirty years, and now they know they have to be part of solving the impending crisis.

In an interview with Deutsche Welle Dieter Lehmkuhl, the head of German group called the ‘Initiative of the Wealthy for a Wealth Tax”, spells out why increasing taxes on wealth is important:

It’s not that people now have become so rich and earn more; they have just changed the rules of the game. Even in the 1970s or the 1950s, income taxes to the highest [earners] were almost 70 percent, and in the United States it was 90 percent. These tax reductions [since then] have almost completely privileged the rich. The consequence of this is an increasing gap between the rich and the poor. It’s not tolerable for a society because it destroys the social matrix.”

The Economic Times is also reporting the growing support among wealthy elite from other European countries for higher taxes:

The multi-millionaire chairman of Ferrari, Luca di Montezemolo, backed Buffett’s idea in an interview with the Rome daily La Repubblica. “I am rich and I am ready to pay more taxes, for reasons of fairness and solidarity,” Montezemolo told the newspaper.
This month, 16 of France’s wealthiest people, including the chief executive of the energy giant Total and the L’Oreal heiress Liliane Bettencourt, signed a petition published in the magazine Le Nouvel Observateur urging the French government to tax them more. Other signatories were the chief executives of Societe Generale, Airbus and PSA Peugeot-Citroen.

Clearly there is a desire to solve the social and economic problems within their countries with a collective hand, where everyone shares the burden.

So, what do the wealthy elite of New Zealand know? It seems like the most pertinent question of all right now, and it is quite difficult to discern a rational answer. Before clawing into them however, we must remember that New Zealand is not a country in the Eurozone, and nor is it the 51st State of America. That does not mean we are not at risk of the impending crisis however, and it does not mean that we should abdicate our responsibility to future generations. It seems inevitable that New Zealand will adopt a Capital Gains Tax sooner or later; sooner if Labour is elected, slightly later under National who will no doubt be forced to introduce some form of it should we enter a severe recession after we’ve sold all our assets.

So to those out there who are so ideologically opposed to a capital gains tax; why not here? Why are we the exception? What will become of our society if inequality continues to grow and we refuse to tax the capital gains of those who can afford to make them?

New Zealand is a country full of good people, and this issue shouldn’t be about the masses targeting the wealthy few by prying (mostly) hard earned money from their hands. We can see that isn’t the case by the quotes above. This is about coming together as a modern & developed society and identifying the issues we’re about to face. It’s about coming together and solving these issues as one collective group, where we all play a part in the extra effort and we all benefit from the result; a civil and equal society.

We must act, it would be great to find a bipartisan way forward for our economy, but it seems ideology is blinding some of us to the difficult realities we’re about to face.

Rijab

29 comments on “NZ must introduce a capital gains tax, sooner or later”

  1. queenstfarmer 1

    to those out there who are so ideologically opposed to a capital gains tax; why not here

    Who are you referring to? NZ already has a capital gains tax, albeit a limited one. It is safe to assume that the current Govt, and Labour up until a couple of months ago, are not at all “ideologically opposed” to the existing CGT because it has remained largely unchanged for decades.

    Labour is simply replacing one limited CGT with another, though one shot with more loopholes.

    • Lanthanide 1.1

      Labour’s proposed legislation is in addition to what you call our ‘current’ CGT.

      So Labour is not “replacing one limited CGT with another”, they are closing up existing loopholes in the current CGT with another layer of legislation.

      But you don’t understand set theory so I wouldn’t expect you to be able to comprehend something like ‘addition’ either.

      • queenstfarmer 1.1.1

        Labour’s proposed legislation is in addition to what you call our ‘current’ CGT.

        Possibly. Though until the legislation is actually written you don’t know that (not even Labour knows – they have said they will get a panel of experts to sort out the details).

        they are closing up existing loopholes

        That deserves to go on a Tui billboard! What we do know, based on the announcements to date, is that whatever they come up with will be more complex and convoluted than the current regime..

        • Lanthanide 1.1.1.1

          Possibly. Though until the legislation is actually written you don’t know that (not even Labour knows – they have said they will get a panel of experts to sort out the details).

          By the same logic, you can’t say that their new CGT will replace the current one, because you don’t know either.

          whatever they come up with will be more complex and convoluted than the current regime..

          Yes, but because they are *adding* legislation they can’t possibly open up more loopholes unless they amend the way in which the current law is applied in some way. Given the simplicity of the current law, it doesn’t seem like there’d be any reason to amend it.

          At the moment you can simply say “no, I didn’t buy that investment property purely for capital gains” and you don’t need to pay anything. If you say “I did buy that investment property purely for capital gains” then you pay income tax on it.

          Under the new legislation, if you say “no, I didn’t buy that investment property purely for capital gains” then you have to pay 15% on the proceeds anyway. If you say “I did buy that investment property purely for capital gains” then you continue to pay income tax on it.

          Difficult to see how adding legislation that affects only the former clause would somehow open up loopholes in the latter.

          • queenstfarmer 1.1.1.1.1

            you can’t say that their new CGT will replace the current one

            Yes I can, because it will, as a regime. I acknowledge I should have used the word ‘regime’ for clarity in my first comment, instead of just in my second. As we both say, we don’t know the details.

            I agree that if they ring-fence or effectively reimplement the existing regime (and I haven’t heard anything to suggest they won’t, which is good) then there won’t be any new loopholes, but the loophole-fest will be the new stuff based on the announcements / interviews. As we know, it’s still a work-in-progress and subject to change, but they have talked about exemptions besides the family home for boats, jewelry, businesses under a certain size or owned by people over a certain age, businesses in certain industries, complex home-office rules, pegging to inflation, complex deductions for improvements, etc etc.

            I have long thought a CGT should be considered (or a land tax, which got the nod over a CGT in the tax review), and I definitely congratulate Labour for at least partly touching the third rail and proving it’s not instantly fatal (but with the usual caveats eg why didn’t they do this during the property bubble etc, and yes others have had it as policy for ages, etc). The main benefit that I see in it is to level the playing field a bit and incentivise investment towards more productive sectors rather than fundraising for ever-increasing public spending.

        • mickysavage 1.1.1.2

          Though until the legislation is actually written you don’t know that (not even Labour knows – they have said they will get a panel of experts to sort out the details)

          So why are we even debating this. It is all a bit academic.

          You are not bad QSF, your comments are often sharp. But when you try to argue that a CGT is a waste because we don’t know the details AND it is full of loopholes or you try to argue that selling shares in our power companies is not privatization of our assets you are being too cute by far.

          • queenstfarmer 1.1.1.2.1

            I actually support the idea of a CGT, have since I first heard about the flat-tax proposals back in the day. We know some broad details based on Labour’s announcements and interviews, although they are of course subject to further policy formulation and the ‘panel of experts’ process.

        • mik e 1.1.1.3

          Any move forward on CGT is better than none at all.Bludgers need to pay their fair share especially as the National govt debt is going up to $74billion the interest rate alone is going to be aprox $4.4 billion a year.

  2. The reason is the central historical role of the land. There was a huge campaign to tax land and capital gains in the 19th century. The ‘unearned increment’ was popularly recognised as a blight on the economy except by the landowners. Most of these radical initiative were seen off by the landed gentry and the bankers until the Liberals took office. By then the gentry were riding the hog and stealing much Maori land. Farmers are still farming capital gain and that’s where the resistance comes from. The switch to graduated income tax was Lib/Labour’s attempt to make capitalism work for all. Today the shift from graduated income tax to consumption taxes exposed once again the inequity of unearned capital gain as rent paid by the working class. Its all about the historic white settler entitlement to stolen land and succeeding generations living off the unearned increment until such time as the working class wakes up again and threatens to take it all back.

  3. Nick K 3

    If you think this economy will have capital gains on assets within the next 7-10yrs you’re in fantasy land.

  4. Herodotus 4

    The problem with Labs CGT are the exceptions (why have these is Labour trying to appease/buy some votes- I can accept the family home exemptioon but the rest?????) and the fact that is this is 8 years to slow in comming, but better late than ever
    Also why is the base line for valation 2007/8. Was that not the time when property hit the high values? And how will property ever achieve these values again given the crap earnings most Kiwis are on?
    And why did not the IRD under Labours term not chase up the majority of people trading in property? It was not hard especially given that Property ownership, sales prices, dates etc are held on a LINZ database. This whilst there is limited time where any govt should be hitting hard. We already have lost the ability to recoup profits in trading pre 2004. Take what the law already allows the govt to tax, before constructing a new regime that will take many years before real revenue can be realised.

    • Lanthanide 4.1

      I don’t know where you got the idea that the valuation date was going to be 2007/2008.

      They’ve repeatedly said it’s not retrospective, for both losses and gains. If we used valuations from 2007/2008 then anyone who sold a house at 2013 in a loss would get a refund on it and anyone who sold at a profit would have to pay the tax. They’ve specifically ruled that out.

      • Colonial Viper 4.1.1

        Herod got mixed up with Brownlee’s Christchurch red zone valuation scheme.

      • Herodotus 4.1.2

        AS this would be a new law- there must be a base date that is applied to what the “Capital Cost” is, and 2007 was from memory used as a date for valuation.
        And re exemption how does this work?
        “The family bach would be caught by the tax, but only if it was sold. If it was handed down, no CGT would be paid”
        http://www.stuff.co.nz/dominion-post/news/politics/5284934/Labour-reveals-its-capital-gains-tax-policy
        If it has changed ownership then it has been sold? This is an example of the crap exemptions that for me have greatly tarnished this policy. Who is Lab trying to protect with this?
        And Lanth how does Lab ruling out Capital losses, reconciled with this quote? “Losses on assets could be carried forward and could be offset aganst future capital gains.” So there is an ability to recoup taxes from cap losses.
        Great idea, great headline BUT in reality full of crap.

  5. Colonial Viper 5

    At this stage, it is an asset tax and an estate tax which would be the gutsy moves; the CGT is good but just playing a little bit of catch up to everyone else.

    • Aye.

      These taxes were common in the past but have had a sustained attack over many decades that have caused them to be very unpopular amongst ordinary people.  Funny really, because ordinary people would normally never have to pay them.

      Funny what a good advertising campaign can achieve.

  6. Afewknowthetruth 6

    A captial gains tax presupposes there will be increases in capital values.

    In practice most so-called assets are declining in value -the major exceptions being precious metals and a few commodities, for which CGT will be unbe unenforecable.

    • davidc 6.1

      Land will continue to grow in value for many many years.
      Think about a New Zealand with another 2 milion people in it and the pressures that will create both on town edges and farming.

      • Herodotus 6.1.1

        Question when most farm values have little in regard to their economic value. They are overpriced. Wages are stagnant at best in real terms, with ever increasing demands on what there is with everyday living cost price increases how can land increase in value unless there is inflation ? (That is when a CGT is really profitable for govts)
        With councils being as greedy as ever in their contributions (taking money from land developers to mitigate against large rates increase) and the price of developed land and building costs at the upper limit of affordability, the only 2 results I can see are: either raw land decreases in value or developers go under: with the 2nd option being at best very short term.
        On a side issue to allow cheaper new housing the councils have to allow section sizes to increase. As the smaller the building site – the necessity for double storey dwellings, a larger site to comply with site coverage regulations (35% site coverage)can allow single storey. Yet councils have a desire to increase densities = very small section size = expensive construction .

      • Colonial Viper 6.1.2

        davidc – land will only grow in price when private debt in the form of mortgages grows in size.

        • davidc 6.1.2.1

          Well banks like to make money by lending the suff out so that isnt going to stop any time soon.

      • Draco T Bastard 6.1.3

        When I think about NZ with another 2m people I wonder what we’ll do about the 30% abject poverty that will come with them. NZ, IMO, doesn’t have enough resources to support 6m people.

  7. HC 7

    Despite of the misled perception by many wage and salary earners in NZ the taxes and levies combined are lower than in many comparable countries. The problem is rather the comparatively low wages and salaries many are getting. It is at least partly due to NZ having become a low wage country due to following wrong policies. Running a country on producing and exporting mostly primary products with no or little added value is one of the reasons. Also do countries depending on tourism usually have low incomes and low living standards.

    So it is about time that the tax system gets adjusted, so that the true big earners pay their fair share.

    Also do we need to radically change economic direction, to enable more value added production and more diversification of economic activities.

    It is a no brainer, but try to convince many of this. The increasingly uncritical, low standard media has a lot to answer re the state of affairs we have in NZ. News focus on murder, rape, death of a lonely elderly person, how a police dog was hurt, high supermarket prices, celebrity stories, the Royals and only very brief and superficial reports about what else happens in NZ and the world. Smiley Key gets much attention, but people with new ideas hardly feature.

    No wonder this country continues to be dumbed down.

    Bring in a CGT sooner rather than later. The first step to a fairer tax system can be made on 26 Nov. 2011. What do you prefer? A hollow man with smiles and incessantly waving to the TV cameras, or policies with substance?

  8. Excellent post Rijab.  Perfectly weighted.  No sign of wealth envy but a desire to improve things.  Well done.

  9. prism 9

    I heard this on the radio this morning. Isn’t it amazing. It confirms that things are bad though.
    When all else has failed….

  10. Herodotus 10

    From a simplistic perspective – Why not instead of a CGT increase stamp duty from the current level of 0%. This would from my understanding be as simple as it could be to administer and police. Once a property has changed ownership the govt receives its monies. With a CGT would not the govt receive income the following year or well beyond the transaction date?

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    The government has released its Arms Legislation Bill, containing the second tranche of changes to gun laws following the March 15 massacre. And it all looks quite sensible: a national gun register, higher penalties for illegal possession and dealing, tighter restrictions on arms dealers and shooting clubs, and a shorter ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • California bans private prisons
    Private prisons are a stain on humanity. Prison operators explicitly profit from human misery, then lobby for longer prisons terms so they can keep on profiting. And in the US, prison companies run not only local and state prisons, but also Donald Trump's immigration concentration camps. Faced with this moral ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Why PPPs are a bad idea
    When National was in power, they were very keen on Public-Private Partnerships (PPPs) - basicly, using private companies to finance public infrastructure as a way of hiding debt from the public. They were keen on using them for everything - roads, schools, hospitals. But as the UK shows, that "service" ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • A Movement That No Longer Moves.
    Moving And Shaking: There was a time when people spoke matter-of-factly about the “labour movement” – a political phenomenon understood to embrace much more than the Labour Party. Included within the term’s definition was the whole trade union movement – many of whose members looked upon the Labour Party as ...
    1 week ago
  • NZ ‘left’ politically embracing extreme postmodernism
    by Philip Ferguson Much of the left, even people who formally identify as marxists, have collapsed politically in the face of postmodern gender theory of the sort pioneered by American philosopher Judith Butler. For Butler even biological sex is socially constructed. “If the immutable character of sex is contested, perhaps ...
    RedlineBy Daphna
    1 week ago
  • The obvious question
    The media is reporting that the (alleged) Labour party sexual assaulter has resigned from their job at Parliament, which means hopefully he won't be turning up there making people feel unsafe in future. Good. But as with everything about this scandal, it just raises other questions. Most significantly: why the ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • The moment I found out that you found out, I acted swiftly
    By Prime Minister Jacinda Ardern I am every bit as angry as you are. I am every bit as disappointed as you must be. The people with power, oversight and the ability to do something about these processes within the Labour Party should be ashamed. Whoever those people are, I ...
    The CivilianBy admin
    1 week ago
  • This is why people hate property developers
    Property developers think there is an "oversupply" of houses in Auckland:High turnover rates and falling prices may be a sign that there are too many new houses going in to some parts of Auckland, commentators say. [...] Property developer David Whitburn said there was a "bit of an oversupply" in ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Australia to Pacific: “Fuck you, you can all drown”
    World leaders are meeting in New York in two weeks for the 2019 Climate Action Summit, where they are expected to announce new and more ambitious targets to stop the world from burning. But the Australian Prime Minister won't be there, despite being in the USA at the time:Scott Morrison ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Implausible ignorance
    Labour Party president Nigel Haworth resigned yesterday over the party's sexual assault scandal. But while that's good news, its unlikely to take away the stench of a coverup. Because according to Paula Bennett in Parliament yesterday, pretty much everyone in the Prime Minister's office was involved as well:I have been ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Labour’s Fatal Flaw.
     Two-Faced? Labour insiders' commitment to the neoliberal status quo puts them at odds with their party’s membership; its trade union affiliates; and a majority of Labour voters, but this only serves to strengthen the perception they have of themselves as a special elite. Among the lesser breeds, they’ll talk up a ...
    1 week ago
  • Ten reasons the Tories do NOT want an election
    There has been a lot of talk about Boris Johnson wanting an election, and he has blustered with great gusto about 'chicken' Jeremy Corbyn refusing one, but I think there are many reasons why he is secretly glad he has been refused the opportunity:The Tories are an utter rabble,tearing themselves ...
    1 week ago
  • Prorogation Illegal, rule Scottish judges
    Scottish appeal court judges have declared that Boris Johnson’s decision to suspend parliament in the run-up to the October Brexit deadline is unlawful. The three judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in the prime ...
    1 week ago
  • Let me explain what I meant by Everyday New Zealanders
    By Simon Bridges. The following is a press release from the office of Simon Bridges, leader of The National Party. Key ora, New Zealand. Happy Maori Language Week. Look, I’m writing to you today because I want to clear something up. There’s been a lot of kerfuffle around some things ...
    The CivilianBy admin
    1 week ago
  • Yes, the SIS is subject to the Public Records Act
    I understand there's some stuff going round about how the SIS "was removed from the list of public offices covered by the Public Records Act in 2017". The context of course being their records derived from US torture, which will be disposed of or sealed. The good news is that ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • An evidence-based discussion of the Canadian fluoride/IQ study
    Dr. Christopher Labos and Jonathan Jarry discuss the recent Canadian fluoride/IQ research. They provide an expert analysis of the paper and its problems. Click on image to go to podcast. The critical debate about the recent ...
    1 week ago
  • Climate Change: Australia in denial
    Australia is burning down again, and meanwhile its natural disaster minister is denying climate change:Australia’s minister responsible for drought and natural disasters, David Littleproud, has said that he doesn’t “know if climate change is manmade”. Clarifying earlier comments that the question is “irrelevant” when considering the Coalition government’s response to ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Philippines activist speaking on the Duterte tyranny
    Auckland Philippines Solidarity is excited to host Professor Judy Taguiwalo for a speaking tour of NZ in September. She is a well-known activist in the Philippines and was a political prisoner under the Marcos dictatorship. Professor Taguiwalo briefly served as a Cabinet member under President Duterte but was forced from ...
    RedlineBy Daphna
    1 week ago
  • Disgust
    I have no special insights to offer on the Labour sexual assault coverup. All I have is disgust. Disgust that an organisation could fail its people so badly. Disgust that they punished the victims rather than the perpetrator. Disgust that its party hacks are apparently blaming the victims for demanding ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Speak Up for Women calls out Greens’ censorship
    This open letter to the Green Party was penned after an opinion piece by Jill Abigail, a feminist and founding member of the party, was censored by the Greens’ leadership. (Redline has reprinted her article here).The intolerance of the Green Party leaders and their acceptance of the misogyny of gender ...
    RedlineBy Daphna
    1 week ago
  • Member’s Day: End of Life Choice, part 3
    Today is a Member's day, and David Seymour's End of Life Choice Bill continues its slow crawl through its committee stage. They're spending the whole day on it today, though the first hour is likely to be spent on voting left over from last time. After that they'll move on ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Flight to Los Angeles turned back after passengers decide they don’t want to go anymore
    An ambitious plan to fly to Los Angeles petered out into a brief sight-seeing trip and a desire to return home and get some sleep before work tomorrow. Air New Zealand has confirmed a flight to Los Angeles last night was turned back about a quarter of the way into ...
    The CivilianBy admin
    1 week ago
  • Indigenous Futures: defuturing and futuring – an analytical framework for policy development?
    There appears to be consensus – by omission – that the concept of indigenous futures should be accepted at face value. So I scavenged the internet to see if I could locate an academic descriptor or a framework around how we think about it as a concept, and whether it ...
    EllipsisterBy Ellipsister
    1 week ago
  • Cadbury rumoured to be releasing the Pineapple Trump
    Here’s another novelty chocolate to shove in your gob, New Zealand Cadbury could be seeking to make itself great again with a rumoured new release: Pineapple Trumps, a spin on its classic chocolate-encased pineapple treat and do-it-yourself tooth remover. The global confectionery manufacturer and bumbling “before” character in an infomercial, ...
    The CivilianBy admin
    1 week ago
  • The coming resource war.
    During my time in the Pentagon I had the privilege of sitting down with military leaders and defence and security officials from a variety of Latin American nations. Sometimes I was present as a subordinate assistant to a senior US defence department official, sometimes as part of a delegation that ...
    KiwipoliticoBy Pablo
    1 week ago
  • Māori Language Week with The Civilian
    Kia ora, Aotearoa. It’s that magical time of year. Te Wiki o te Reo Māori. In English, the week that frightens talk radio. As you probably know by now, all your favourite media outlets are participating, some more successfully than others. Stuff has changed its name to Puna for the ...
    The CivilianBy admin
    1 week ago
  • Will Horizons act on climate change?
    Local body elections are coming up next month. And it looks like all Palmerston North candidates for Horizons (the Manawatu-Whanganui Regional Council) want to take action on climate change:Climate change is set to be a key issue in Palmerston North for the next three years if those wanting to get ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • BORA reform is stalled
    Eighteen months ago, the government promised to strengthen the Bill of Rights Act, by explicitly affirming the power of the courts to issue declarations of inconsistency and requiring Parliament to formally respond to them. So how's that going? I was curious, so I asked for all advice about the proposal. ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • Corbyn and Brexit
    As the Brexit saga staggers on, the focus is naturally enough on the Prime Minister and his attempts to achieve Brexit “do or die”. But the role played by the Leader of the Opposition is of almost equal interest and complexity. The first problem for Jeremy Corbyn is that he ...
    Bryan GouldBy Bryan Gould
    1 week ago
  • A ditch for him to die in
    Last week, English Prime Minister Boris Johnson boldly declared that he would rather die be dead in a ditch than delay Brexit. Unfortunately for him, the UK parliament accepted the challenge, and promptly dug one for him. The "rebellion bill" requires him to ask for and secure yet another temporary ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Warning! Warning! Danger Jacinda Ardern! Danger Marama Davidson! Warning!
    Lost In Political Space: The most important takeaway from this latest Labour sexual assault scandal, which (if I may paraphrase Nixon’s White House counsel’s, John Dean’s, infamous description of Watergate) is “growing like a cancer” on the premiership, is the Labour Party organisation’s extraordinary professional paralysis in the face of ...
    2 weeks ago
  • Union solidarity with Ihumatao land occupation
    by Daphna Whitmore Every Sunday for the past two months unionists from First Union, with supporters from other unions, have set out to the Ihumatao land protest, put up gazebos and gas barbeques, and cooked food for a few hundred locals and supporters who have come from across the country. ...
    RedlineBy Daphna
    2 weeks ago
  • Climate Change: The wrong kind of trees?
    Newsroom today has an excellent, in-depth article on pine trees as carbon sinks. The TL;DR is that pine is really good at soaking up carbon, but people prefer far-less efficient native forests instead. Which is understandable, but there's two problems: firstly, we've pissed about so long on this problem that ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • No freedom of speech in Turkey
    Canan Kaftancioglu is a Turkish politician and member of the opposition Republican People's Party (CHP). Like most modern politicians, she tweets, and uses the platform to criticise the Turkish government. She has criticised them over the death of a 14-year-old boy who was hit by a tear gas grenade during ...
    No Right TurnBy Idiot/Savant
    2 weeks ago

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