Showing posts with label #taxation. Show all posts
Showing posts with label #taxation. Show all posts

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 . 




Who Taxes Who? Capital Gains Debate

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.





Wednesday, November 28, 2018

The Up Side of Taxation

Posted 10th November 2018 to the Otago Daily Times Newspaper Dunedin NZ



Dear ODT opinion:

Your Journalists should write more about this:
Most people hear the word TAX and it makes them squirm or fly into a rage
but when the Ancient Greeks first invented it they found it was the perfect tool for building a civilisation
not only was it a glue to hold large diverse groups of people together but it sparked democracy, built infrastructure, maintained law and order and encouraged enlightenment and creativity.

I am not saying that powerful people who refuse to pay tax to insure us all against the blows of the natural world are wicked but I think they are blinded by ignorance of how we all interact bonded together by this ancient social contract.

One sure fire indicator of a corrupt or inept society is where paying ones tax feels unpleasant .

In a well oiled society it’s like paradise. Everyone trusts and looks after each other all powered by tax.

And in that case you can honestly say money CAN buy you happiness, your tax is the ultimate life insurance!