Capital taxes will not work in New Zealand
Robert MacCulloch offers an economist’s perspective on bright line tests and calls to revisit capital taxes.
The blow out in property prices, particularly in cities such as Auckland and Wellington, has led to a resurgence of supporters backing a capital gains tax. However, the reasons why such taxes would be bad for New Zealand mostly get short shrift in our media.
A powerful argument against capital
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Robert MacCulloch
Wed, 09 Dec 2020
Wed, 09 Dec 2020
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Capital taxes will not work in New Zealand
Opinion,Columns,
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