The last time this Government changed bright-line rules on property, the Prime Minister sold two of his properties, made $500 000 untaxed and obscenely escaped $70 000 worth of tax from a law he changed!
The Prime Minister has two properties that are both worth $7million each.
Look me in the eyes and tell me the Prime Minister won’t abuse the rule changes again and sell one of those houses off to a foreign multimillionaire?
LOOK ME IN THE EYES AND TELL ME A NZ PM WILL NOT CHANGE A LAW AND PERSONALLY PROFIT FROM THAT LAW CHANGE?
Tell me our Prime Minister is not that venal.
Increasingly having independent opinion in a mainstream media environment which mostly echo one another has become more important than ever, so if you value having an independent voice – please donate here.
So you are saying Luxon gives up a job paying $4 m a year so he can make changes to enrich himself when selling his properties.
Yes
YEP AND HE GAVE UP THE JOB BEFORE HE GOT FIRED .
Exactly right Gordon…
$4 million a year for that clown to run a government majority owned monopoly and he still made a hash of it!
What a fucking rort.
During his time as CEO they had record profit years and voted best airline so why was he going to be removed.
Envy is not a nice trait Gordon it will age you .
How did his attempted takeover of Vigin AUS go Trev .He wasted 23 million and they told him to fuck off sonny boy .Then he came back and made hundreds of staff redundant to pay for the 23 million .Much the same recipe he is using to sink the country .Nothing to be envious of is there .
Oh I forgot very few of the planes he bought are flying because the idiot bought cheap engines so now they are parked up in the AUS desert .
The engine problem is a world wide issue and thousands of planes are grounded .The engines were not an optional choice .
As a CEO your board decides on moves like a take over after much deliberation. Some work out other’s do not .There is many reasons for failure but it was not bad enough for the airline to fail or Luxon getting fired.
You don’t know the background stuff Trevor. That’s just the window-dressing that you are allowed to see.
Nothing happens quickly in that sort of industry.
What is going on now, is showing part of the mess created.
This is what you will not see in the news because it can’t be made to sound good.
Well Trevor he should have stayed in the private sector because he is a fing useless PM
Pathetic gordon.
No, he gave us his 4-million-dollar job before they got rid of him to become PM and have more power more power equals more money ding bat
He has already given up the $4m salary. Now he has to recoup his losses. To make up the salary difference the Prime Ministerial job has to deliver him an extra $2m p.a. from un-taxed capital gains. So far Mr Luxon is doing not too badly. He might not quite make his target, but hey, what other targets has he managed to achieve over the past two years?
$5 million price tag going on my house next month and I will throw in the next door fellas mowing round as a package deal .
No, he gave us his 4-million-dollar job before they got rid of him to become PM and have more power more power equals more money ding bat
How’s this as a concept for some ACTUAL POLICY for Cowardly Chris.
Bring in a Capital Gains Tax of 50% of gains, but only applied to those owning five or more residential properties at the time that the Luxon regime ends. Can be adjusted if he sells early of course.
Careful, that net might snare other rich property tycoons like Willie Jackson, it might ruin the narrative around here.
Set the rate at +5% for every property over one.
Korea taxes second apartments steeply – unless you built it.
Of course Baldrick will flog off one or more of his luxury pads. The ruling class types have absolutely no idea what it is to live in the bottom 50%. There are people working full time that live in cars!–hey, at least they have a “roof” over their heads unlike rough sleepers.
Brilliant insight here
Martyn. Give credit to Mr Luxon, please. He is not going to sell his $7m property to a foreign investor. He is going to sell a $2m property for $5m to a foreign investor who will then find government officials eager to help him through any little problems he might encounter in whatever kind of business he may choose to establish.
Just give me an apple and a marmite sandwich and some figjam and a half dozen million dollar properties and don’t forget my Hawaiian holiday home to boot, and I’m sorted, with a 10% pay rise for MPs that I’m entitled to, while police and nurses and teachers get chicken feed, and property investers get a $2.9 billion tax break, and the poorest landlords, those on sole parents benefit come under the hellfire of MSD if they have a boarder staying with them, and my mates at Fonterra will be giving me a turbo boost in election year by distributing billions of dollars to farmers from the selling of their Fonterra brands to the French, much the same way that Muldoon boosted the economy each election year by pumping in extra money, in the days before we had an independent reserve bank, so I’m getting NZ back on track to be the greatest little country that ordinary Kiwi’s can no longer afford to live in any more….and and and and and, sorry but my wireless uplink to the New Zealand Initiative Atlas Network Taxpayers Union has become overloaded, please try me again later when I have more bandwidth, have a nice day!
B with a vengeance your talking more kaka isn’t that why people voted this lot in thinking we would own our own water locally not the maaaris, thinking we would make NZ great again, thinking we would get back on track and take NZ back and what’s happened
Comments are closed.