Posts by giovanni tiso
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Hard News: A Capital Idea?, in reply to BenWilson,
Not so sure about that. I think Kiwis are weirdly stingy. I can’t explain it, really.
New Zealanders are poorer than the citizens of half of the other countries in the OECD. Could that be it?
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Cracker: Another Capital Idea..., in reply to Damian Christie,
Although to play the pedant, I don’t know that they won because they promised a high marginal tax rate…
Are you sure you are in favour of proportional taxation? I'm asking because currently we have teachers in the same bracket as Telecom's CEO. That doesn't sound right to me.
Everybody says that they are against trickle down economics, but few people seem in favour of reinstituting the tax brackets we had before Reagan, Thatcher and Douglas, adjusted for inflation. Our system *is* trickle down economics - we let the rich keep more of their money because we think it will benefit the economy. How's that been working out?
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Hard News: A Capital Idea?, in reply to FletcherB,
I think the point of labeling housing as an “unproductive” asset, when clearly, it does indeed provide shelter, which is not just desirable, but actually essential… is the point that investment in “productive assets” produces further income…
Keir's point I think was that the sector that surrounds our housing stock is itself very productive. People don't periodically renovate their widget making machines, or if they do it's not as big a contributor to the national GDP by a long shot.
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Hard News: A Capital Idea?, in reply to bmk,
I think in terms of tax policy we should have both a capital gains tax and another band above the top rate.
Labour will announce that soon as well, or my name isn't Hugo Z. Hackenbush.
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Hard News: A Capital Idea?, in reply to Matthew Poole,
See my comment above. That’ll answer your question.
Yes. I see. I don't normally follow links to kiwiblog, but I'm glad I made an exception there.
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Hard News: A Capital Idea?, in reply to Nick Kearney,
Why can’t folks just make money, keep it and decide whether to save it (good), pay off debt (good) or buy a TV keeping a Harvey Norman salesman(person) in a job (good)?
On this logic, why have taxes at all?
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Antypathy? Is that where the cute ants go for walks?
We must tax those mounds!
Giovanni: I think that it’s important to treat day trading and its equivalents the same way we treat house flipping, or currency speculation
You don't need to convince me. Believe me.
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Hard News: A Capital Idea?, in reply to Paul Campbell,
Honestly I think they haven’t gone far enough
Yes, but even I doubt that they could have. There is a history of antypathy for land tax and CGT in New Zealand, we can't expect that Labour will be able to frame a bolder argument (supposing they even wanted to) in the absence of stronger social demand for changing how we tax property. A fairer and more progressive taxation needs to be advocated outside of the party structure as well.
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Hard News: A Capital Idea?, in reply to Craig Ranapia,
putting him in the same studio with Coddington could have gotten really putrid
So basically you're taking issue with the fact that he was there, not with what he actuallty had to say. Gotcha. I suppose.
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Hard News: A Capital Idea?, in reply to Toby,
I thought Trotter was cogent.
Yes, and God knows I don't say this very often. What was it exactly that you had issues with, Craig?
Also, if the child prostitution line is the best that the Right can do on this one, it bodes superbly well.