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

Tax Working Group can’t dress up tax as a fix to broken housing market

Opinion: It is not the purpose of tax to reduce the value of a specific asset class.

Fri, 23 Mar 2018

“I know an old lady who swallowed a fly” is a nonsensical story that has delighted children for decades. Its tale of an old woman, who swallowed increasingly large animals, each to catch the previous one, is as humorous as it is absurd.

Yet like all good nursery rhymes, its meaning extends

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Tax Working Group can’t dress up tax as a fix to broken housing market
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