The majority of voters seem to be in favour of a capital gains taxCite? I doubt you can find one.
, as aThere are so many exemptions that it is meningless.
way of spreading out the revenue base more evenly. Obviously there are >certain powerful lobby groups -- the ones benefiting from not having to
pay tax on that part of their income -- who have successfully kept it out
of serious discussion for many years.
So itrCOs quite a big step for Labour to make a move, as small as it is
,
towards making it a part of their taxation policy. And predictably, we see >one side saying itrCOs a step too far, while the other side says it doesnrCOt >go far enough.
The majority of voters seem to be in favour of a capital gains tax, as a
way of spreading out the revenue base more evenly. Obviously there are >certain powerful lobby groups -- the ones benefiting from not having to
pay tax on that part of their income -- who have successfully kept it out
of serious discussion for many years.
So itAs quite a big step for Labour to make a move, as small as it is, >towards making it a part of their taxation policy. And predictably, we see >one side saying itAs a step too far, while the other side says it doesnAt
go far enough.
Those who benefit from a tax loophole obviously want to keep doing it, >donrCOt they?Probably, but which imaginary loophole are you fantasising about?
Those who benefit from a tax loophole obviously want to keep doing it,
donAt they?
Lawrence D Oliveiro <ldo@nz.invalid> wrote:
The majority of voters seem to be in favour of a capital gains taxCite? I doubt you can find one.
, as a
way of spreading out the revenue base more evenly. Obviously there are >>certain powerful lobby groups -- the ones benefiting from not having to >>pay tax on that part of their income -- who have successfully kept it out >>of serious discussion for many years.
So itrCOs quite a big step for Labour to make a move, as small as it is >There are so many exemptions that it is meningless.
,
towards making it a part of their taxation policy. And predictably, we see >>one side saying itrCOs a step too far, while the other side says it doesnrCOt
go far enough.
The majority of voters seem to be in favour of a capital gains tax, as a
way of spreading out the revenue base more evenly. Obviously there are >certain powerful lobby groups -- the ones benefiting from not having to
pay tax on that part of their income -- who have successfully kept it out
of serious discussion for many years.
So itAs quite a big step for Labour to make a move, as small as it is, >towards making it a part of their taxation policy. And predictably, we see >one side saying itAs a step too far, while the other side says it doesnAt
go far enough.
It's a tax on inflation.
On Wed, 29 Oct 2025 04:52:44 -0000 (UTC), Lawrence D|+Oliveiro <ldo@nz.invalid> wrote:
Those who benefit from a tax loophole obviously want to keep doing it,
donrCOt they?
Anything that is untaxed is a loophole.
Have I got that right?
On Wed, 29 Oct 2025 17:36:57 +1300, BR wrote:
It's a tax on inflation.
But surely, if taxing something that people produce is a discouragement on >them producing more, and inflation is not something we want more of, then >otaxing inflationo must be a good idea?
On Wed, 29 Oct 2025 22:18:04 -0000 (UTC), Lawrence D|Oliveiro <ldo@nz.invalid> wrote:
On Wed, 29 Oct 2025 17:36:57 +1300, BR wrote:
It's a tax on inflation.
But surely, if taxing something that people produce is a discouragement on >> them producing more, and inflation is not something we want more of, then
otaxing inflationo must be a good idea?
Are you serious? Inflation is a byproduct of economic activity. There
is a vast difference between a product and a byproduct.
On 2025-10-29 22:42:51 +0000, Crash said:
On Wed, 29 Oct 2025 22:18:04 -0000 (UTC), Lawrence D|Oliveiro
<ldo@nz.invalid> wrote:
On Wed, 29 Oct 2025 17:36:57 +1300, BR wrote:
It's a tax on inflation.
But surely, if taxing something that people produce is a discouragement on >>> them producing more, and inflation is not something we want more of, then >>> otaxing inflationo must be a good idea?
Are you serious? Inflation is a byproduct of economic activity. There
is a vast difference between a product and a byproduct.
"Inflation" is largely a byproduct of pure greed. Some useless moron in >management wants a massive pay raise, so the company has to put up
their prices to cover it. That then causes a snowball effect as
everywhere else has to put up their prices to be able to buy that now
more expensive first product.
On Thu, 30 Oct 2025 05:03:01 +1300, BR wrote:
On Wed, 29 Oct 2025 04:52:44 -0000 (UTC), Lawrence D Oliveiro
<ldo@nz.invalid> wrote:
Those who benefit from a tax loophole obviously want to keep doing it,
donAt they?
Anything that is untaxed is a loophole.
Have I got that right?
A suitably passive-aggressive response from someone with whom I have
struck a nerve, obviously.
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