Support continues to roll in for Labour’s plan to own our future and make sure everyone contributes their fair share to the society that they live in, and some of it comes from some pretty unlikely places.
It’s not often that I agree with Deborah Coddington, but I do today.
…muggins like me who stick our savings in the bank have to pay resident withholding tax and can’t escape it. That’s why, in principle, a capital gains tax, as sold to me this week by Labour’s revenue spokesman Stuart Nash, is hard to argue against. If you earn a buck, you pay tax on it. Taxation should be fair…
While Coddington doesn’t agree with a progressive taxation system (ie. the more you earn, the more you contribute), she does take aim at those who have become excessively rich at the expense of others:
The more I see the fiercely wealthy, the more I dislike them. Are they born unpleasant or do riches change them because they’re accustomed to sycophants hanging on every whim? … they’re terrified of losing their money, and becoming grasping and predatory. They fear everyone is out to take it away so they must increase their pile … Rich isn’t a dirty word, but these guys’ refusal to accept they’ve done wrong gives everyone in business a bad name.
I admire people who have worked hard and made a good life for themselves and their families. But I’ve got no respect for those who make huge piles of cash by ripping innocent people off, then stash it away in family trusts and try to pretend they can’t even afford lawyers to defend themselves. They’re rip-off artists, plain and simple. Ambition and hard-work should be rewarded, greed should not.
I think you will find that any fair-minded person, whether from the left of the right must support the proposed CGT tax because it is simply about everybody paying their share of tax no matter where they get their income from.
Then there was this gem tweeted from Taihape by Grant Robertson:-
“Folks still angry about hospital closure, but positive about CGT.”
Reminds me of the Jews in Auschwitz;
“Folks still angry about the train ride, but positive about the showers”
Bill English on Sat morning’s ‘Nation’ interview:
Duncan Garner – Do you believe that it is morally wrong that Selwyn Pellet didn’t pay taxes on his $8 million profit?
Bill English – No, it’s not morally wrong.
Voters have the clearest choice ever this coming election.
And kudos to Pellet for drawing attention to the unfairness of the tax system by revealing his own experience.
Absolutely Anne, and Gareth Morgan said basically the same thing on TV news last evening. I don’t think Blinglish would have the foggiest idea about moral financial behaviour.
looks like the CGT hasn’t been too popular with the masses BUT the only poll that matters will be in November I guess
I don’t get your point Adolf, I believe it is because your metaphor is faulty.
The hospital in Taihape was closed by the National/ACT/Maori party government. On the other hand CGT is Labour party policy.
The really interesting thing is Taihape is in a strong National electorate. Since 1938, the only non National MP to represent Rangitikei was Bruce Beetham of Social Credit 1978-1984.
“I’ve got no respect for those who make huge piles of cash by ripping innocent people off” Well, who does? I fail to see the point your making. I find the statement that you admire people who work hard and have made something of themselves and provided well for their families disingenuous, given Labour policies towards these people. Were you that admiring of them I would imagine your party would have policies that encourage and support these people rather than paint them as “rich” (going by the top tax rate) and selfish.