Posts by Steve Barnes
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Up Front: How About Now?, in reply to BenWilson,
Considering how damned easy it is to get married, practically all you have to do is say “I do” and spend a few minutes signing some papers, I don’t think the divorce ceremony should be any harder.
Correct me if I am wrong but the whole “till death us do part” bit is supposed to mean something when you say “I do” otherwise it is a bit pointless, innit?.
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OnPoint: Easy as 1, 2, 22.8 billion, in reply to DexterX,
You were asking about CGT when you asked:“So, how is the abolition of Gift Tax going to affect all this come October 1st?.”
Why yes, I was. How pedantic of you, let me re-phrase for those that are a little slow on the uptake...
So, how is the abolition of Gift Tax, come October 1st, going to affect the outcomes of Labours proposed CGT in the not too distant future ?
Is that good enough or would you like me to "Step Outside" for a sound thrashing?
<grits teeth more in frustration than anger> -
OnPoint: Easy as 1, 2, 22.8 billion, in reply to DexterX,
It is called Gift Duty.
Mr. X.
It would seem that even your "Bible" is guilty of making this horrendous blunder...
Govt sends gift tax packing -
OnPoint: Easy as 1, 2, 22.8 billion, in reply to DexterX,
The CGT isn’t law it won’t be affected – it doesn’t exist and won’t exist at 1 Oct 2011
And back to you Sir " Sweet Zombie Jesus what are you on about."
I haven't seen anything in Labours policy that says Gift Duty will be re-introduced so I think we can safely presume that the two will be in effect together and as Capital Gains will only be counted from the time of the introduction of the tax then it will be a few years before this affects anything, it won't happen overnight but it will happen.
<tosses hair in gay abandon and smiles at camera> -
OnPoint: Easy as 1, 2, 22.8 billion, in reply to BenWilson,
a reintroduction of indentured servitude.
Which will, no doubt, be introduced under "URGENCY"
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So, how is the abolition of Gift Tax going to affect all this come October 1st?.
Does this mean that there will be an increase of “Nest Feathering” and a bloating of family Trusts?. If the top tax rate exceeds the trust tax rate I can see this as being a “way out”
for the “Haves and Have mores”. CGT will become a toothless hag as the Trusts will not “see” the capital gain if the gift is completed before the sale of assets. -
OnPoint: Easy as 1, 2, 22.8 billion, in reply to DexterX,
What a load of codswallop.
It was actually a serious question, one that was, obviously beneath you superior intellect. Or are you a fan of Deborah Coddington and you meant it as a compliment?
Hard to tell really. -
I have wondered in the past, and indeed I am wondering now. Is voting an aspirational thing?. Do we vote for people we would like to be like? do we vote for Parties that represent that to which we aspire?
If that is true then it explains a lot. If you want to be a carefree gung ho business person who cuts a swathe through the tangled red tape of Government to stand victorious on the peak of Mount Aspiring waving the blue flag of liberty then you vote for the Smiley Wavey Banker (or was that Biley Savey W...)
If, on the other hand, you care for the sick, the elderly and those in need then you are already at that same point as those who you would rather represent you.
So, is aspiration a good thing or should we just make the best of what we have and be grateful for life's little bonuses?. -
Up Front: P.A. Story, in reply to Islander,
Hmmm: stretching the syntax just a weeeee bit there Steve B!
Syntax, Sin Tax, now there's a thought. The "Conservatives" would pay dearly.
;-) -
What a douche bag…..
Mr. Maitland sure has quaint turn of phrase, so self descriptive.