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Gloria Sharp's avatar

So enjoyed Lisa. That data match technology needs to be implemented. Willis could regain the tax dollars she gave plus provide a few new hospitals. A few adverts explaining the importance of an honest tax take (eg a few hospitals) ending with a phone number to discuss ‘anything’ be produced by IRD perhaps might help.

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Eleanor Mayer's avatar

Yes for a LAND TAX !!

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Alan's avatar

I agree with an annual land tax, with no carve outs as with local body rates. Capital gains tax paid on sale wouldn't catch property held in a family trust and never sold.

The value of all residential property alone is over $1.5 trillion, but presumably that includes improvements, not just land value. A 0.1% tax on that value would generate $1.5 billion annually, at a cost of $1000 on a $1m property. I doubt it would do much to disincentive speculation, but it could build a lot of social housing to align supply closer to demand.

Thanks for your work Bryan, we need solutions as much as outrage at the fools on the helm.

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Maggie Kennedy's avatar

Based on the staff figures quoted, you really have to ask, does this Coalition Government actually choosing to encourage tax evasion/fraud?! They may not intend that kind of outcome, but it certainly looks that way, from where I'm standing!

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