A Zionist Apologist Parliament of Landlord Property Pimps: In defence of Tamatha Paul & Kneecap
Green MP accused of spreading ‘false claims’ about Government MPs’ properties
A number of Government MPs are accusing Green MP Tamatha Paul of making false statements about the properties they own during her recent criticism of the coalition’s tax changes.
During a debate in Parliament on August 19, Paul took aim at MPs she claimed had bought new properties since the interest deductibility scheme– which allows landlords to subtract mortgage interest from their rental income – was reinstated in 2024.
“Since the Government changed the rental laws, the number of Government MPs that have bought investment properties over that side of the House has grown,” she said.
Paul named National MPs Katie Nimon, Erica Stanford, Simon Watts, Tom Rutherford, Joseph Mooney, Shane Reti, David MacLeod, Grant McCallum, along with ACT’s Parmjeet Parmar, as having bought new homes under the more favourable rules.
Stuff
Tamatha Paul got into trouble last week after calling out our Parliament of Landlord Property Pimps!
Paul’s broader argument was that the coalition had changed housing policy in ways favourable to landlords — including restoring mortgage-interest deductibility and bringing back no-cause tenancy terminations — while renters continued to struggle with affordability and housing quality.
She then argued there was a conflict of economic interest because Government MPs themselves had substantially increased their property holdings during the parliamentary term.
MPs from National, ACT and NZ First had acquired at least 25 additional rentals, investment properties or second homes during the term.
The Property Pimps have donated $2.5 billion to National, ACT and NZ First while the Government has in return given Landlord’s a a $2.9billion dollar tax loop hole!
Now, did she get it wrong in describing Government politicians acquisition as ‘bought’, sure, turns out Parmjeet Parmar redeveloped two existing properties into seven units, Tom Rutherford gained his extra house through a wife and Northland National MP Grant McCallum doesn’t rent out the house he got in Wellington.
But who gives a fuck?
Tamatha’s point that we have a Parliament of landlords and property pimps passing laws for their own personal benefit is 100% TRUE!
She got a few details wrong, but the gravity of her truth overcomes those mistakes.
After his Government shortened the bright-line test and restored tax advantages to property investors, Christopher Luxon sold properties producing around $460,000 in tax-free capital gains!!!
We have a Parliament of Landlord Property Pimps who rule NZ for their interests! Look at how many property pimp donors all have their projects fast tracked by this Government!
As for Kneecap and Winston Peter’s attacking them, firstly isn’t it funny how the anti-woke NZF who champion free speech change their tune the millisecond anyone supports the Palestinians?
Kneecap are best known for their righteous Pro-Palestine activism, so Winston’s attack on them (despite NZ First hilariously using Kneecap in one of their social media posts) is so predictable from this Zionist Apologist Government…
NZ First used Kneecap song in social video despite Winston Peters calling them ‘low IQ weasels’
New Zealand First used a Kneecap song in one of its social media videos despite party leader Winston Peters saying the Irish group were “low IQ weasels”.
Last week, Peters posted on social media in response to an interview Kneecap gave to Stuff, in which they said they agreed with Green MP Tamatha Paul, who said the English language was a “bastard language”.
Stuff
…Winston attacking Kneecap sounds like Karen demanding to see the manager.
Who knew Winston was such a fragile snowflake?
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If I borrow money to open a shop then should the interest on the loan be a deductible business expense? If not, then why not? Which businesses should not qualify for interest deductibility and why?
The Labour policy was for interest deductibility on new builds adding to rental housing but purchasing an existing property did not qualify for an interest deduction. At that time there was no meaningful capital gains tax and it did help reduce the pressure on house prices. One of the first things the current government did was change the brightline test and allow interest deduction from existing houses in a vain attempt to increase housing prices however the mood has changed and enough people understand the futility of relying on increasing house prices because it was only allowing property owners a bigger piece of a small pie instead of increasing the pie size so most people could get something.
As a current politician, Tamantha Paul has every right to criticise those who have grasped this unfair advantage, ~25 additional rentals using the Landlord tax loophole! If she got a couple of names wrong, so be it. The message she was aiming to get through was that even in these ‘most difficult times’ the greedy still prosper while the needy sit by starving and struggling to pay their bills! These ugly grasping politicians are demonstrating what we already know – it’s all about ME, ME, ME and their smug entitlement is difficult to swallow. We expect better from our country’s leadership not this kind of behaviour. It’s clear WANT is stronger thant NEED! Climate will sort this one out!