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  1. The issue of CGT defines where one stands on equality before the law.

    Those who feel entitled to earn their money without being taxed are those blinded by greed and privilege and yet still capable of intimidation of government, or those who we call criminal.

    No government that privileges some above the others deserves to be in office in a democracy. This is why it is so rare in the democratic world. It is our national shame, alongside child poverty and violence in the home.

    1. CGT will take money from the middle class that will be frittered away by this coalition in an effort to stay in power . The poor will not see any of it and the rich will get fancy bean counters to avoid it. Small businesses will suffer unemployment will increase.
      The countries existing tax take is amply if it was not wasted on unregulated free fees and Shane Jones vote buying fund

      1. T. Sennitt -Eff Off. This makes 3. Total right wingers masturbating to the left. Get lost.

      2. Enough already!

        If the poor benighted ‘middle class’ feels so oppressed and etc – when are they going to form their next political party and try and convince the rest of us again? (Values. Green. Conservative. TOP.)

        If your snark about ‘vote buying’ is indicative of the nouse held by the Oppressed Middle Class they have less chance than the ancient McGillicudy Serious party.

        Unrepresented – and too idle to go political? Sure looks like it.

      3. Jesus wept, Trevor, you really are digging a hole for yourself. You’ll excuse me if I don’t give a fucken ratsarse about the middle class having to pay tax on unearned wealth.

        Pay your fucken taxes, you trougher.

  2. The sooner a CGT is introduced the hysteria can die away and, the sooner we can get on with life.

    1. @MJOLNIR….

      The sooner a CGT is introduced the hysteria can die away and, the sooner we can get on with life.
      ….under a National government, and remember what life was like for the last decade…

    2. Agreed, go away and count your pennies baby boomers. As for wheeling out Cullen, Bolger, Douglas…who’s next? You’ve had your go, it’s now time for change not political sentimentality

      1. Steady on Jo, surely they bring essential experience, a steady hand, and strong and stable governance to take us all foward,?

      2. We need to look back to go forward Jo, nostalgia, political or otherwise is who…what we are

  3. It all comes down to how we understand wealth. Most comments here seem to count money as wealth rather than assets. Specially non financial assets. I think this is wrong. If the money supply was properly managed for all of society, instead of being managed by the organisations that profit from it, then the concept of a CGT would be pointless.
    As it is , if you recognise that money is an arbitrary construction costing nothing to create, and being created at will by those with the privilege , it is unreasonable to be removing part of someone’s savings , as represented by investing tax paid equity because they chose to invest it in their own enterprise instead of a corporate investment company . The CGT just taxes savings . If it was possible to buy an equivalent property with the remainder it would be reasonable, but of corse it is not.
    It is a sop to jealousy and will do nothing to redress the divide between the masses and the shrinking 1%. It will only further penalise and disincentiveise the small scale enterprises that provide the great majority of employment on New Zealand. Lacking the vision , the courage or the independence to take control of the money supply the government could look at the German laws on rental property which greatly strengthen the rights of the tenants , but how that would help the empty home syndrome we have here I’m not sure because it is not the landlords of property that is rented out that are causing a problem here it is the owners of housing that prefer to keep them empty to save the hassle of letting, and are in the game purely for the capital gain that are causing two serious problems. The cost of housing to first home buyers and the unavailability of rental property to anyone.
    D J S

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