Having you thought about simplifying the message

Having you thought about simplifying the message

Isn't this really just a move from income tax towards a resource based tax? Why should those having exclusive use of resources get a tax free benefit, while all the hard working people provide the tax? Surely this policy just tries to find a balance between resource and income tax to ensure no particular group in society is gaining at the expense of others?

Showing 4 reactions

  • John Draper
    commented 2016-12-12 12:09:47 +1300
    Steven Bond-Smith posted the suggestion below but got buried in the deluge of comments. I think it is gold just like this one by Fiona Jardin. Brief, to the point and bang on.

    The proposed policy is not a tax on “success”. In fact, it is a tax on failure because those with successful, income-generating investments would pay less under a capital tax than under an income tax. Those with unsuccessful, wasteful investments (or overpriced homes) that don’t generate income are the only ones who would pay more. People will aspire to be successful, rather than aspiring to own a bunch of overpriced, under-taxed property.
  • John Draper
    tagged this with i have the same question 2016-12-12 12:09:46 +1300
  • Oliver Krollmann
    followed this page 2016-12-11 15:26:48 +1300
  • Fiona Jarden
    published this page in Ask a question about policy #1 2016-12-11 09:36:03 +1300