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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

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.

Digby Crompton
Wed, 27 Apr 2016

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

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Digby Crompton
Wed, 27 Apr 2016
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OPINION: A fair way to tax profit on the sale of property
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