Our new coalition government.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification

Forums › Politics › Our new coalition government.

1 | ... | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | ... | 182

Awrrr
19071 posts

Uber Geek
+1 received by user: 16319

Lifetime subscriber

#2185084 21-Feb-2019 21:29

I think a capital gains tax is a good idea in principle but I freely admit I don't know enough about this proposal or the background to it (New Zealand taxation overall) to venture an informed opinion on the subject. My comment was very specific. @Aredwood has made a number of fairly detailed posts on this and related subjects pointing out why a variety of proposals and policies are bad ideas. He may well be correct. But as far as I can recall, nowhere does he offer a single positive suggestion as to how a policy might be made to work or what a solution might look like. Pointing out faults is only half of it. If the idea you are criticising is a bad one, don't just leave it at that; suggest something better.

Plesse igmore amd axxept applogies in adbance fir anu typos

Aredwood

3885 posts

Uber Geek
+1 received by user: 1749

#2185131 22-Feb-2019 03:59

Rikkitic:
I think a capital gains tax is a good idea in principle but I freely admit I don't know enough about this proposal or the background to it (New Zealand taxation overall) to venture an informed opinion on the subject. My comment was very specific. @Aredwood has made a number of fairly detailed posts on this and related subjects pointing out why a variety of proposals and policies are bad ideas. He may well be correct. But as far as I can recall, nowhere does he offer a single positive suggestion as to how a policy might be made to work or what a solution might look like. Pointing out faults is only half of it. If the idea you are criticising is a bad one, don't just leave it at that; suggest something better.

Here you go @Rikkitic

https://www.geekzone.co.nz/forums.asp?ForumId=48&TopicId=198862

It is a thread that I started back in July 2016. Where I discuss the housing market, a capital gains tax. And also discuss what I think would be the best way to implement a CGT.

So in effect, I had already developed tax policy, and solutions. Well ahead of both the tax working group and the current government.

I had since seen that there was also a dedicated CGT thread in the off topic forum, which I have also posted in. So probably best to reply there and tag me in it, or ask a moderator to unlock my original thread. If you want to discuss anything else CGT related with me.

I also still haven't yet read the full copy of the tax working group report. I will need to do so, and see if it even considers or discussed any of the points I have been making.

Also I sometimes get busy with other stuff, and dont always have time to post decent size replies. Especially if I need to add lots of quotes or references. Trying to do so on a phone is a pain compared to using a desktop computer. While I will often post lots of short little replies between weightlifting sets at the gym. If I haven't replied to something after a few days or so, Please tag me again in that thread.

I have been meaning to add some big replies to some of the environment threads.

GV27

5978 posts

Uber Geek
+1 received by user: 4212

#2185156 22-Feb-2019 06:53

Rikkitic:

Pointing out faults is only half of it. If the idea you are criticising is a bad one, don't just leave it at that; suggest something better.

I suggest you read the minority report; they suggest the alternative of extending the brightline out to seven - ten years instead as it will still target residential property, capture the bulk of the gains and doesn't include the collateral damage of taking out business sales and Kiwisaver.

I'm actually really impressed. Cullen was so dead-set on having a Captial Gains Tax that he's inadvertently crippled Kiwisaver.

Rikkitic

Awrrr
19071 posts

Uber Geek
+1 received by user: 16319

Lifetime subscriber

#2185178 22-Feb-2019 08:37

Aredwood:

Here you go @Rikkitic

Thanks for that. It will take me awhile to work through it all but it answers my point very well.

Plesse igmore amd axxept applogies in adbance fir anu typos

Bluntj

584 posts

Ultimate Geek
+1 received by user: 284

#2185239 22-Feb-2019 09:54

GV27:

Rikkitic:

Pointing out faults is only half of it. If the idea you are criticising is a bad one, don't just leave it at that; suggest something better.

I suggest you read the minority report; they suggest the alternative of extending the brightline out to seven - ten years instead as it will still target residential property, capture the bulk of the gains and doesn't include the collateral damage of taking out business sales and Kiwisaver.

I'm actually really impressed. Cullen was so dead-set on having a Captial Gains Tax that he's inadvertently crippled Kiwisaver.

Not just Kiwisaver...the rental market already crippled by new policies will fail totally under a CGT. The Government will need to step up and become the landlord to the masses as there would be little reason for most people to own rental properties.

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#2185243 22-Feb-2019 09:58

I am not naturally opposed to the CGT, but I think the proposed tax rate is utterly crazy.

I think all CGT discussions should really be in one of the CGT threads, except as to discuss in the most general of terms.

It's going to get hella confusing trying to track replies in multiple threads.

New World

Shop on-line at New World now for your groceries (affiliate link).

freitasm

BDFL - Memuneh
80661 posts

Uber Geek
+1 received by user: 41083

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#2185256 22-Feb-2019 10:23

networkn:

I am not naturally opposed to the CGT, but I think the proposed tax rate is utterly crazy.

I think all CGT discussions should really be in one of the CGT threads, except as to discuss in the most general of terms.

It's going to get hella confusing trying to track replies in multiple threads.

Please use this thread for CGT discussion.

Referral links: Quic Broadband (free setup code: R587125ERQ6VE) | Samsung | AliExpress | Wise | Sharesies

Support Geekzone by subscribing (browse ads-free), or making a one-off or recurring donation through PressPatron.

Rikkitic

Awrrr
19071 posts

Uber Geek
+1 received by user: 16319

Lifetime subscriber

#2186250 24-Feb-2019 11:49

Comments on the CGT thread regarding Simon Bridges’ presentation. I don’t wish to hijack that so I guess this is the best place for a response, since this also seems to be a place for discussion of the opposition.

I previously made a comment about Bridges that was not appreciated by dog lovers. I will not repeat that here but I have genuinely been struck by the tone and nature of his criticisms of government policy. Not only CGT, though that is the main issue at the moment, but practically everything the government brings forward.

What strikes me is not the exceptionally negative nature of his comments, which is to be expected, but the way in which he expresses them. Simon Bridges seems to be the type who can kill a party just by walking in. He is the most depressing person in New Zealand politics. He always has that sad sack hangdog expression, as if he is telling you your best friend just died. He makes every political commentary, regardless of content, sound like a dirge. His tone always seems to be that of someone asking in resignation why life is so unfair. Every time he speaks on television, he makes me feel like I should just go to bed and not get up anymore.

Sure, this is a partisan rant but honestly, does even the most fervent National supporter feel uplifted and energised by anything Bridges says? He is like one of those cartoon characters who always has a rain cloud over his head. There is no way he can ever be Prime Minister. Who would vote for someone who brings everybody down? Compared to him even Judith Collins would be welcome relief. At least she has a personality.

Plesse igmore amd axxept applogies in adbance fir anu typos

GV27

5978 posts

Uber Geek
+1 received by user: 4212

#2186699 25-Feb-2019 09:45

This is a fair observation; I feel he's simply falling into a trap of trying to be as authoritative as possible but without a hint of the relaxed or laidback manner that made JK, Ardern, or dare I say it, Winston so popular.

James Shaw strikes this balance far better IMO, I think that's probably the best person Bridges could try to emulate.

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#2187333 26-Feb-2019 10:32

https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12207207

When her personal cheerleading team don't have much nice to say, it's not exactly amazing.

It's going to be interesting to see how Labour balances out what she is saying in one breath, with what she is saying in others..

I don't envy her to be honest, she has some tough decisions to make, no one likes extra taxes, and perhaps we do need them, but fairness is a balance that is really in the eye of the beholder.

If they bring it in, and live out a second term, if National get in after that, then they are unlikely to wholesale repeal it, but rather modify the conditions.

Bluntj

584 posts

Ultimate Geek
+1 received by user: 284

#2187362 26-Feb-2019 11:02

networkn:

https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12207207

When her personal cheerleading team don't have much nice to say, it's not exactly amazing.

It's going to be interesting to see how Labour balances out what she is saying in one breath, with what she is saying in others..

I don't envy her to be honest, she has some tough decisions to make, no one likes extra taxes, and perhaps we do need them, but fairness is a balance that is really in the eye of the beholder.

If they bring it in, and live out a second term, if National get in after that, then they are unlikely to wholesale repeal it, but rather modify the conditions.

I have no doubts that this coalition privately sees the implementation of the tax as a means to eventually increase government revenue substantially. Whilst they promise that its just a redistribution it will get tweaked and tweaked and tweaked over time.

We were all told the same thing by our Local Authority over the implementation of water meters...guess what...several years later and water meters are a taxation device as the rate gets increased year upon year. It did start out as revenue neutral!!

Dyson

Shop now for Dyson appliances (affiliate link).

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#2187367 26-Feb-2019 11:10

Bluntj:

I have no doubts that this coalition privately sees the implementation of the tax as a means to eventually increase government revenue substantially. Whilst they promise that its just a redistribution it will get tweaked and tweaked and tweaked over time.

We were all told the same thing by our Local Authority over the implementation of water meters...guess what...several years later and water meters are a taxation device as the rate gets increased year upon year. It did start out as revenue neutral!!

Well, to be fair, it's not like Jacinda and co personally benefit from additional taxation. The question will be what will the money be spent on, and will it be spent efficiently? I have my doubts on point 2. The $1B regional fund I expect to have quite a bit of leakage and waste. I am convinced we will hear plenty about poor decision making as it relates to this, as time goes on.

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#2187419 26-Feb-2019 11:16

I see Shane Jones is offering his "expert opinion" again.

He's hardly bolstering public opinion of himself with these outbursts.

GV27

5978 posts

Uber Geek
+1 received by user: 4212

#2187438 26-Feb-2019 11:52

networkn:

Well, to be fair, it's not like Jacinda and co personally benefit from additional taxation.

I dunno, I think she might have benefited from some of the things they promised during the campaign but have struggled to deliver.

You know, by being elected Prime Minister.

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#2187443 26-Feb-2019 12:00

GV27:

networkn:

Well, to be fair, it's not like Jacinda and co personally benefit from additional taxation.

I dunno, I think she might have benefited from some of the things they promised during the campaign but have struggled to deliver.

You know, by being elected Prime Minister.

Heh, that's true. Certainly pays better than leader of the opposition I guess. Though to be fair, I think a very small percentage of people would want that level of responsilbity for 400K a year.

In my opinion, if her pay was tied to performance as a percentage of promises, she wouldn't be earning much right now though. Unfortunately, too subjective to calculate reliably.

1 | ... | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | ... | 182