Posted 28th February 2019 to the Southland Times Invercargill NZ
I see the discussion of taxing the rich has come up again under the current political conditions
It might pay to keep an eye on the progressive wave that has been building in the USA against the
contempt the exceptionally wealthy is now being discussed broadly thanks to narcissistic Billionaire President from their ranks.
Capital Gains is a form of Transaction Tax that could be used on speculators and con men climbing the social ladder but its also a tool for keeping the property market from crashing.
Will this progressive thinking spill over to New Zealand if the USA gets back to the business of punishing wrong doers instead of rewarding them, who can say, but currently the Thatcher/Reaganite Neo Liberal status quo is looking a lot like a sinking liner.
Billionaires are just the ship’s orchestra.
I see the discussion of taxing the rich has come up again under the current political conditions
It might pay to keep an eye on the progressive wave that has been building in the USA against the
contempt the exceptionally wealthy is now being discussed broadly thanks to narcissistic Billionaire President from their ranks.
Capital Gains is a form of Transaction Tax that could be used on speculators and con men climbing the social ladder but its also a tool for keeping the property market from crashing.
Will this progressive thinking spill over to New Zealand if the USA gets back to the business of punishing wrong doers instead of rewarding them, who can say, but currently the Thatcher/Reaganite Neo Liberal status quo is looking a lot like a sinking liner.
Billionaires are just the ship’s orchestra.
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