Robert MacCulloch offers an economist’s perspective on bright line tests and calls to revisit capital taxes.
Robert MacCulloch Wed, 09 Dec 2020
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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