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Target the ones who have had an easy ride up til now

Target the ones who have had an easy ride up til now

Yeah, I get the overwhelming vibe of "leave the family home out of it". This is quite understandable. It takes away the feeling of security that is supposedly the large point of owning a home. The real problem behaviour with property is the speculating and 'flicking' behaviour. The 'buy it for $1m now, sell it a month later for $1.5m" scourge that has overwhelmed the market (and human decency) as of late. THAT is what we should be focused on: people, especially non-residents, using desperately-needed houses - that basic human right - as fuel for a high-income lifestyle. Force overseas residents to build new houses, prohibit from buying existing stock - it seems only rich people are allowed into NZ anyway, so get our money's worth out of them. Also, tax high incomes properly - I can't believe that tax brackets end after $70K. Not to mention NZ's status as a financial (and increasingly ACTUAL) hideaway for shady businesses and white-collar types. John Key was not prepared to address this stuff, I get the impression that Gareth Morgan would be more forceful on the topic and honest to kiwis about it. This would all go against status quo politics, which is about letting Big Biz put you over a barrel, but that's why I feel we need someone like GM to do it. Just leave the family home alone!

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    • Tim O'Donnell
      commented 2017-01-25 13:34:01 +1300
    • Tim O'Donnell
      commented 2017-01-25 13:30:42 +1300
      Taxing more to higher income earners is a pointless exersice. If you understand why we’re in this situation you would know the “rich” don’t “earn” money. It’s gained in such a way so that it’s not income so only middle class who can’t afford to avoid tax actually pay. Closing loopholes is the only way to get the outcome you’re actually after.
    • Garry Gelding
      published this page in How would you make New Zealand Fair Again? 2017-01-25 10:10:26 +1300