I’m sorry, what the fuck?
Renters ‘very grateful’ for incoming landlord tax breaks – Luxon
Wait.
What did he just say?
Renters ‘very grateful’ for incoming landlord tax breaks – Luxon
This corrupt hard right racist climate denying beneficiary bashing Government gives their real estate pimp donors a $2.9billion dollar tax break and we all have to be fucking grateful?
What planet is this bald weirdo living on?
Is our Prime Minister a shit poster?
Is he a hate bot?
Is he just saying stuff to make us hate him?
When he was asked if he was going to lower the rent on his rentals, he said no.
So he won’t do the thing he claims this tax break will create because he’s so rich he’s already mortgage free!
I am 50 years old, I have never ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, had any rent reduced.
Not once.
The idea that after this clown has given his rich donor mates in the Real Estate Pimp Industry a $2.9billion dollar tax break that my rent will go down is so disconnected from reality that you do wonder at his mental state.
Is he politically autistic or just shit posting?
There is a naked class war erupting right in front of your faces, but we don’t have the political vocabulary to express it because Identity Politics has eclipsed Class.
TDB warned you that this was not a moderate Government by any stretch and that they would be dangerous as fuck if they gained power.
It will only get worse.
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What drugs is the skin head gang leader taking .Ive got more chance of shagging Megan Markle than rents dropping .Does he think we are fucking stupid ?when was the last time rents dropped dumb arse ?
Yes true….but what he has highlighted in recent interviews is he doesn’t understand basic economics and how markets work.
He is on record stating that renters will be grateful because their rents will drop due to the tax changes..
In the same breath he has stated that he will not be dropping his rent because he is mortgage free and the tax changes won’t effect him.
What he fails to understand, is that if the rents of the rest of the market are dropping, then so will his…
He will have no choice but to meet the market…otherwise he will be a standout rapacious rip off merchant.
He also believes that landlords just won’t bother renting their houses out at all if they can’t make a profit .
When challanged on that ridiculous bit of illogical nonsense he changed it to… the landords will just end up selling their house ..
Oh booo fuck’n hooo…Bwaaahhh…cry me a river…
Someone might actually buy a house for themselves to own and live in .
This guy is an absolute walking talking disaster ..he’s making Jenny Shipley look like Einstein!!
Yes he does think we are stupid and there is good reasons for his belief that we are stupid. Many low income workers voted for him or didn’t vote at all.
I’m involved in the construction industry and often hear political comments on site e.g Labour party are communist, National are good financial managers, beneficiaries are lazy and are dragging the country down, Labour gives free money to Maori and pander to homosexuals.
A large portion of the electorate is politically stupid, they vote with total ignorance of NZ political and economic history, needed to form an educated opinion, why? because it’s boring, they’re more interested in going fishing and getting on the piss.
Yes..i too have had a lifetime self- employed in the house construction industry
and have put up with listening to the same garbage….
Not so much from the main tradesmen, (although i know a few Electricians who have gone down rabbitholes which was a bit of a worry because what they were saying was completely illogical), but certainly from the subtrades and labourers.
I have managed, and worked along side, many many people, Architect, Engineers, Inspectors, other Builders, Plumbers and Electricians e.t.c and i can safely say that Luxon Seymore, Bishop, Simeon Brown and company do not have a practical bone in their body…they are clueless…completely out of their depth…
They will not get done anything like what they are proposing in the time frames that they are telling the electorate…
It’s all just buffoon head ignorant bullshit!!
Yes, Grant the potholes are increasing, and Brown is diverting the little creep has finally realised the enormity of the tasks.
I don’t think he thinks Gordon full stop.
That’s the modern caring tory – When they piss down your neck and tell you it’s raining, it’s now warm, tax neutral and proof trickle down works for the masses.
Well according to many conservatives on MSN, landlords don’t make any money – and often subsidise their renters out of the goodness of their hearts. Is it just me or does that sound just a little inaccurate? Because if they don’t make money one has to wonder why the hell they’re being a landlord in the first place.
Property speculators make there money on the refinancing. It’s high risk because as opposed to principal and interest (P&I) loans, they have take out more than one loan to get a low interest loan (L/I) over 5, 10 20 years instead of 30 year mortgage. And you have to do your homework because L/I loans are like personal loans where as the rest of the industry are geared towards pushing higher interest rate P&I loans.
If you earn money from refinancing (interest received?) that is taxable income, property sales (after the brightline test) are capital gain & not taxable income. As you say, some people make money by lending on short-term high-interest loans which are higher risk but it is difficult to justify calling them property speculators.
It’s not socially acceptable in a socialist NZ to make money. You get ‘wealth’ shamed right here. Best to lose money.
It’s not socialist to say that you need a broader revenue collection base to take the load of PAYE earners. I am not sure if many/any western capitalist nations do not have a CGT. We should have one instead of all of this tinkering. That applies to shares as well.
This is the same bullshit we get from the farmers. Anything that involves them not f’ing the environment is “communist”. Utter rubbish
Seems it is socially acceptable to be corrupt and take handouts from the government when you are wealthy alongside shaming those that have a different opinion to your own. Shaming those that don’t have an equal opportunity to wealth right here.
It is good to make money as that improves the wealth of the country, stealing it from others which is what this government is doing is not a way to improve productivity as it only changes who has the existing wealth.
Judging by your comment you don’t have much wealth to speak of.
For the capital gain, but they are never honest enough to say that.
As expected.
Now Christians can ask to be assigned a Christian caseworker when they go to WINZ.
what the hell is going on, what next…?
Will, they do make money. I bought a small house in a central N/Island 7 years ago for $125,000, the current QV is $385,000 and I’ve never had to subsidize the mortgage. Also maintained and upgraded the dwelling from the rental. The capital gains are lucrative, 300% more profitable than my recently surrendered Kiwi saver.
Yet I believe a capital gains tax is desperately needed in NZ to cool this never ending bullish properly market.
An overwhelming majority of parliamentarians are landlords. None are serving police officers. What would you expect?
It seems in NZ the only point in life is to get the upper on your fellow kiwis by becoming a landlord offering accommodation the once socialist government gave as council houses. And making a ton of dosh from the wretches paying off your mortgage and on top the capital gain on sale when you sell the dump and kick the wretches onto the street to be placed into emergency housing.
It is actually 3 billion tax cut now the CTU found another 90 million Nicola hadn’t allowed for.
Like you in my 46 years of renting I have NEVER HAD A RENT DEDUCTION come out of political policies ever.
A reduction in rent is about the same as the trickle down effect – it is a creation of the neonazis to placate the wannabes – who will never get it at all – not ever!
To believe Luxons theory one has to ask the question, when there is on average a 15 % rates rise nationally under National, who does Luxon think will pay for that increase? As you say and how thick is Luxon to think the people of NZ are that gullible, besides Bob the first, in that no one ever, not ever, will have their rent reduced.
I see some state houses listed for the land lords to buy in Te Awamutu today and about 120 k below where they should be listed .
A parasite will snap them up tonight .
Their tactics are becoming clear now,ridicule and belittle anyone who dare comment on the truth of their lies.
The 800 hundred landlord give, blow out. Pm, finance minister our numbers unlike the last lot is factored and true. Really, 800 mil out.
Jones, the bellicose non benignant PorN watcher, on the tax payers dollar, WHO SHAMES HIS PEOPLE.
The Gerry Anderson, evil puppet clone of A.C.T., WHERE ALL THIS denial and friends have cooked up for us to swallow.
Turn the clock back now, to the eighties , and these manipulator liars, are going to experience.
Pryle, of deciet.
The other day, at Hospital, getting a blood test, i asked the nurse, what is the most invasive of human cancers, the nurse talked all our knowing, i said ,what about capitalism, the nurse was perflexed.
When the pitchforks finally come out, I expect it to be bloody.
You can only lie, how long.
Whats happen, people in the streets, yelling out out out, over all our streets,
The bare faced brass balls of Luxon’s stupidity, and yet again his holy sence of entitlement. To think he believes that renters will be greatful is just utterly insane. Does he really think that??? Surely it is rather a very cynical joke, and the word greatful in such a context referring to stressed renters is like something a slum lord would say in a novel by Charles Dickson.