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Looking at Ireland’s trajectory back towards favourable numbers it indicates consumer spending has been a big influence. This article cites spending as being one of the hinderances of us returning to favourable numbers with us in recession for 2 years now. Not even the tax cuts implemented by this government have led to higher consumer spending to the economy
Perhaps we should become a major tax haven for corporations as well?
 

NZWarriors.com

Crazy that a country of over 668,000 has 266 billionaires. Seems like a property sold sooner than 6 months would lead to belief that a property developer is benefiting rather than a legitimate house sale
We're constantly told that we don't have a CGT here and that other OECD countries like Luxemburg does but our Brightline test on sales of rental properties means that we have to hold a rental property 4 times longer than a landlord in Luxemburg to not have to pay tax on the capital gain. The problem is no two countries have a CGT which is the same as another country.

It was also funny hearing all the chat from attendees at the Labour conference saying how a wealth tax/CGT would provide extra money for hospitals, education, etc. but Hipkins has continuously said that it would be a "tax neutral"..... meaning the amount raised by the new taxes would be offset not with spending money on hospitals, education, etc. but by reducing personal income tax.
 

Latest poll has bad news for the government and Luxon. An election at present would bring a hung parliament and Hipkins overtakes Luxon by 1 point as preferred prime minister
 
The tide's turned, looks like a power vacuum in the centre right, and Winnie and Skippy are winning by not interrupting them.
Everyone’s gained except national and act, nz first sitting still. The poll showing that act has only dropped one point being the ones pushing for the treaty principles bill, and national dropped four suggests national have lost support on both sides. Those that support the bill for Luxon’s unwillingness to go past the first reading and those against the bill for letting it get to the point it has. With it just surfacing that the principles bill likely wasn’t a bottom line policy for act, they could further slide? In saying that, it’s probably too simplistic to think that the principles bill is solely responsible for the dissatisfaction
 
If Labour don't ditch the gang patches policy when they get voted in it will be interesting to see how that is enforced long term.

I heard some discussion that it has been enforced in some Australian States.

We started with a hiss and a roar. I can see if it eventually gets lax over time. Remember by law you are supposed to wear a helmet while on a bike. That isn't enforced anymore. Sure, dramatically different things but it's the only similar comparison I can think of.
 
SolarZero offered a scheme which was like renting to own a solar system. Problem is, by time you actually "owned it", the systems was going to worth next to nothing due to depreciation and how the effectiveness of batteries and panel deteriorates over time. Even then, a number of customers complained that they weren't making the savings SolarZero said they were going to make. There's also the huge upfront capital costs to SolarZero of buying the equipment, installing it and being drip fed back the capital costs over a few decades. A number of people said the business model just didn't add up.... but it still didn't stop the government and BlackRock pumping huge money into the business.... until it all went tits up.

 
SolarZero offered a scheme which was like renting to own a solar system. Problem is, by time you actually "owned it", the systems was going to worth next to nothing due to depreciation and how the effectiveness of batteries and panel deteriorates over time. Even then, a number of customers complained that they weren't making the savings SolarZero said they were going to make. There's also the huge upfront capital costs to SolarZero of buying the equipment, installing it and being drip fed back the capital costs over a few decades. A number of people said the business model just didn't add up.... but it still didn't stop the government and BlackRock pumping huge money into the business.... until it all went tits up.

People understanding of economics flies out the window when it comes to solar PV.
 
I’m glad Joe Biden has pardoned his son.

We shouldn’t have a greater risk of prosecution because of intergenerational issues - the example has been set with Maori…

Not everyone is equal 🤣
 
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