- Policy
-
Candidates
Candidates Auckland Central | Tuariki Delamere Banks Peninsula | Ben Atkinson Bay of Plenty | Chris Jenkins Coromandel | Rob Hunter Dunedin | Ben Peters Epsom | Adriana Christie Hamilton East | Naomi Pocock Hamilton West | Hayden Cargo Hutt South | Ben Wylie-van Eerd Mount Albert | Cameron Lord Nelson | Mathew Pottinger New Plymouth | Dan Thurston-Crow North Shore | Shai Navot Northland | Helen Jeremiah Ōhāriu | Jessica Hammond Rongotai | Geoff Simmons Southland | Joel Rowlands Tauranga | Andrew Caie Te Atatū | Brendon Monk Wellington Central | Abe Gray Whangārei | Ciara Swords
- Comms & Events
- Support
Why not make residential rent tax-deductible?
Your ideas are good but taxing the income-equivalent of the family home is political suicide and will stop people from considering otherwise good ideas. You can achieve the same end by making residential rent tax deductible and owner occupation tax-exempt (rather than the other way around which is your current policy). This will mean there are no losers (apart from - possibly - a bit more tax on the wealthy), some winners, and you'll still achieve your goal of tax/investment neutrality. Note that when GST was introduced, the one local exemption was residential rent.
Official response from Gareth Morgan completed
http://www.top.org.nz/why_don_t_you_exempt_the_family_home
Do you like this suggestion?
-
Gareth Morgan responded with completed 2016-12-12 10:41:25 +1300
-
Oliver Krollmann followed this page 2016-12-09 22:43:12 +1300
-