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Re: Re: [sharechat] Cullen to Introduce Wealth Tax - Confirmed


From: "DR" <kat47@bigfoot.com>
Date: Fri, 22 Feb 2002 20:45:58 +1300


Two points in reply to theoriginal post and this one.
1. For equality any tax on wealth -usually capital gains in other countries is only levied on sale of the asset. To maintain equality, that has to be true in NZ as well.
 
2. BTW, since when has Cullen been a Socialist. Maybe he is a socialist (small 's') but I think Socialism is a mid 20th century bogey resurrected for unthinking criticism of any Red Neck who cannot find a logical reason to support an argument
 
;o)

 

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