OPINION: A fair way to tax profit on the sale of property
OPINION: A flat tax of 15% could be applied to rise in the value of land alone.
Hot Topic
Infrastructure
Can I suggest that land and capital are mistakenly lumped together and combined as assets?
Land and natural resources arise from Nature. Capital is that made by Man for further use (modifying natural resources); one has no labour content while the other does.
This is why classical economists
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Digby Crompton
Wed, 27 Apr 2016
Wed, 27 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
OPINION: A fair way to tax profit on the sale of property
57610