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1. Strypey (strypey@mastodon.nzoss.nz)'s status on Thursday, 07-Mar-2019 00:27:32 EST Strypey

   If #NZ property owners facing a #CapitalGainsTax think that it's like penalizing people for their hard work, what the hell do they think income tax is?

   1. Strypey (strypey@mastodon.nzoss.nz)'s status on Thursday, 07-Mar-2019 00:28:07 EST Strypey

      in reply to

      #NZ is the only country in the #OECD that doesn't have some kind of #CapitalGainsTax. Why do some people think that minimum wages workers, and even beneficiaries, should pay tax on their income, but much wealthier people who make money from passively owning stuff shouldn't? It's a level of entitlement bordering on the delusional.
      https://www.radionz.co.nz/national/programmes/focusonpolitics/audio/2018684730/focus-on-politics-for-1-march-2019

      1. Strypey (strypey@mastodon.nzoss.nz)'s status on Thursday, 07-Mar-2019 00:38:11 EST Strypey

         in reply to

         "You can think about it as a proposed capital gains tax. Or you can think about the current system as a massive subsidy that we've been giving to a portion of our population, that has helped to make some people disproportionately rich."
         - Jack Tame, 'Why I think a capital gains tax is "fair"'
         https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12206553
         #CorporateWelfare #SocialismForTheRich