Listen to Scumbag Property Speculators scream over Labour’s targeted CGT – isn’t it glorious?

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Listen to the scumbag speculators scream now Labour’s Target Capital Gains Tax will burn them…
 
…scream more!
Writhe around in pain more!
Your tears are delicious.
Watching the right freak the fuck out over Labour’s clever Targeted Capital Gains Tax is pure joy.
Scumbag speculators who have turned homes into assets to build untaxed wealth should burn.
I am only interested in people owning 1 home and a bach, if you are speculating and using money to buy up more and more property, you are a parasite on society and you need to be burnt off.
Remember…

 

..the vast, vast, vast number of you will never pay this Tax, but you will all gain better public health.
The reason the specutors are screaming and the Political Right are freaking out is because this type of tax is exactly what the public are begging the Left for,  tax that pinpoints the speculators, the greedy and the wealthy.
We should include a Financial Transaction Tax, a Bank super profit tax and a vice Tax on gambling, Tobacco, booze and Prostitution as well.
Use our tax system to rebalance the economic inequalities under regulated neoliberal capitalism have generated.
 
Comrades, when the speculators are screaming, you know Labour has done something right.

 

 

 

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8 COMMENTS

  1. Landlords in NZ want it ALL and never-ending! How good to see things swinging towards the renters. I don’t have a problem with anyone owning a rental but when they brag about owning multiple rentals, I have to wonder at their INCESSANT GREED. Just like imports/exports it’s the landlords’ time to feel the “pinch”. It’s called FAIRNESS so how come so many don’t get it? So bring on more taxes to even out the system. If you don’t like it just skip overseas – you won’t be missed. While this is all happening our dumb-assed CoC is talking about a highway North of Auckland to save – wait for it – 8 mins of travel and 38 mins in holiday time. So this new, very expensive h/way is for those with a bach – whoopi do! All this while people live on the streets as we are so short of affordable housing; there are no jobs; we desperately need more doctors/surgeons/nursing staff as critical operations are shelved week upon week; there is a severe lack of affordable food – the list is again endless. We don’t need helicopters, filthy mining, charter schools, backhanders to the tobacco/rental/real estate industries. Ordinary, decent folk can no longer stomach the burden. Time for the load to be evened out. All this while our ‘weakling PM’ floats around the world, like the bag of wind he is, pretending he is the powerful leader of a large successful country! It would be humorous if it wasn’t so pathetic! Talking about pathetic – our journalists/media – only show up for the Left when they’re attacking them- otherwise it’s all Right/Right tripe. No wonder NZ is going down the gurgler.

  2. It is a long overdue move in the right direction – the OECD (scarcely a bastion of Left thought) has been recommending it to NZ for ages. Maybe Labour is finally waking up to the failure & frank stupidity of Neoliberalism, & hence our biased to the point of uselessness Treasury advice.

    Maybe.

  3. Hallelujah. Hallelujah. We must stir ourselves before the combination of the wave of untrammelled financial desire and the tornado carrying pests and predators from overseas, wipe away the nation and us wee animals and our ngahengahe. We must revert to similar Maori attitudes to our surroundings and environment.

    Māori relationship with the forest
    Te Ara Encyclopedia of New Zealand
    https://teara.govt.nz › te-ngahere-forest-lore › page-1
    22 Sept 2012 — Māori revered the forest for its beauty, spiritual presence, and bountiful supply of food, medicines, and weaving and building materials.

    ‘Tiakina te Wao Nui a Tiriwa hei oranga …
    LiveLightly https://livelightly.nz › maori-and-the-forest-final PDF
    Forest trees provided Māori with unlimited timber for a wide range of uses such as tōtara for carving, canoes and house structures. A wide range of edible …

    Maori enjoy the beauty, the presence, and also appreciated practical matters that give good effects in other ways.
    Somehow this presentation of Hallelujah seems right and good looking to our future.
    https://www.youtube.com/watch?v=LRP8d7hhpoQ
    Pentatonix
    And if Nature became the ‘she’ we might hear about her in the city.
    https://www.youtube.com/watch?v=pzF_6UcIODw
    Hallelujah – Luke Silva & Luke Burr (Leonard Cohen Cover)

  4. Tax is the path to address the outrageous inequality that’s dragging us down to permanent decline. We also need a wealth tax plus cancel interest paid deductibility from the speculator’s tax bill. LINO is still half-hearted.

  5. Tax is the path to address the outrageous inequality that’s dragging us down to permanent decline. We also need a wealth tax plus cancel interest paid deductibility from the speculator’s tax bill. LINO is still half-hearted.

  6. I heard school mistress Willis banging on about how damaging a CGT would be this morning. It’s pathetic. But you wouldn’t expect much from the party that destroyed superannuation in this country, and were vocal in their opposition to the creation of Kiwi Bank, the Superannuation Fund and KiwiSaver. And the likes of Bob think this bunch of regressive muppets are the bee’s knees.

    • Such is my faith in Willis’ judgement (and motives) that I can say quite confidently, without knowing a thing about finance, that the CGT is an excellent idea.

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