Tuesday, March 26, 2019

Capital Gains Transaction Tax NZ

Posted 6th March 2019 to the Southland Times Newspaper Invercargill NZ



Your opinion page correspondent Mervin Cave brought up a classic argument about taxation
which flies in the face of reason that seems to equate hard work with wealth.
Clearly that is a joke as a large percentage of our wealthiest people almost always are not doing any useful work but only became rich by being in the right place at the right time with the right people.

Tax is for the less fortunate who through no fault of their own are born into a dog eat dog world and need a form of insurance that is an investment in order & justice and a safety net to protect one from bad luck. That is what Tax is really meant for, not to be leeched on by the greedy & entitled with their hate filled camp followers.

It is wise not to punch downward lest one day you too fall on hard luck and you feel the lash of tongues
nearly all pundits say we are heading into dark economic waters and past luck might not be enough . 




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