Your posts today starting at 1PM today suggest otherwise......
https://www.kiwibiker.co.nz/forums/s...post1131091996
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Kinky is using a feather. Perverted is using the whole chicken
No, that was just today's hand in the taxpayers pocket up to the nutsack.
Wait until next month, when they extend the capital gains tax on investment property out to five years.
I'm not guessing on that one, it will happen.
Also, extending paid holiday to five weeks a year, just like Helens govt took it from three weeks to four. Another 2.5% increase in non productive wages that business will have to find, on top of paying more for everything due to the fuel tax.
Do you think the lower socioeconomic pleb that Labour attract are going to be better off somehow?
good to see nothings changed![]()
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Greater love has no one than this, than to lay down ones life for his friends. (John 15:13)
Unlike you, Fuck Face, I'm off work due to some pretty serious shoulder surgery. You know...from when racing *motorcycles* goes wrong!? You do ride motorcycles don't you, Glenn?
Maybe not. Too busy stalking under age girls I guess. Mind you, 1PM ain't a great time for that eh? Is 3PM better Glenn?
You're not wrong mate. Fucking incredible that Glenn hasn't dug up twenty pages of quotes from twenty years ago!
I must admit was a bit miffed when Helen and Co put the holidays out to 4 weeks, But only because where I work we already had that anyway
As for Capital Gains Tax well boohoo its profit ,if its turned over in the short term its clearly income. Thus it should be taxed.
The last farm I sold I made a Capital gain of 50% in 15 months, yet I paid no tax on the income, its loophole that needs tightening.
I understand your point of view as you are still investing in property but you will still have the capital gains you will just need to look at it a long term that's all.
Its not as if you will actually lose money because your capital gains are not realised until its actually sold, Much like gains or loses in share prices
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Kinky is using a feather. Perverted is using the whole chicken
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