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Only party that isn’t openly pro high immigration is NZ First. There’s a really bad perception in NZ by Joe Average that they would pay more tax. One can continue to vote for change from their new Australian locale – and be more comfortable economically there until such time as change is realised.
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- No doubt this situation is repeated throughout the public service, and that is where you cut and re-organize.
- Debt to income limits would also solve this issue too.
- If you live in Australia, NZ’s wealth tax wouldn’t affect you even if you held NZ shares or businesses.
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- That’s the job of the New Zealand public,” he said.
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Radical reform of the taxation system is overdue, anything else is really cutting of your nose to spite your face. Someone mentioned “how could they even consider this (tax reform), they’ve got absolutely no mandate”. Then another big chunk would be WFF, and accommodation supplement which is basically a landlord subsidy, then the classic jobseeker which is $3b out of a $50b budget. There aren’t as many working-age people just sitting around doing nothing as it seems to be framed from looking at the data.
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He started his career in Unilever NZ (I worked there as well at the same time) however left for overseas positions & ended as CEO of Unilever Canada. Hosts of NZers have worked for multinationals here – but that doesn’t make for international experience. Thing is, to my mind, the world is in such turmoil that no prospective government can promise anything for certain, when conditions are so ripe for changing suddenly, and dramatically. Land value taxes make good economic sense, unlike every other sort of tax, they don’t result in less of the thing being taxed. Debt to income limits would also solve this issue too.
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Enabling an opt-out can ensure density doesn’t result in future slums. Allow foreign property buyers – has a marginal effect on property markets. Also increases prices and ensures quicker turn-over, neither are bad… If I was down at the mid-lower end of that list I’d either be polishing up my CV or offering to host a BBQ with 20 or so of my closest ranked colleagues. We have borrowed almost as much as we can and used it to bid up asset prices.
Let alone not having enough houses for the to live in. What they are doing is false economy and kicking the can down the road for another government to solve. I can see a repeat of the 80’s and 90’s occurring. It doesn’t ask if any assets are held in a trust which they plan to tax at 1.5% p.a. If it did, you’d find a lot of middle class people would be worse off that the current calculator claims would be better off.