Current Account Deficit (aka take your money offshore)

**Ixion** · 27th June 2006, 14:07

Originally Posted by Finn

The answer to turning around our deficit is not to add more tax. That's just plain stupid. It'll have the opposite effect as people struggle to think of reasons to live and invest in NZ. Wealthy people don't pay much tax in the first place anyway. It'll hit people more like yourself with one foot in the grave, the other on a banana skin who want to retire. They sell their house which they've worked their entire life to pay off, only to be hit with CG tax.

Good one Itchy.

But implementing those taxes (a) allows others, like income tax, to be reduced (b) allows the provision of decent public services (such as a health service)

The "sell the house when I get older" thing is a myth. Hardly ever happens, because people still need a place to live. The only time it happens is when old people have to sell up to pay fees for rest homes or hospitals. See note above, about decent public health system, which makes that unnecessary.

DD taxes only hurt the ones who expect to inherit from dfaddy. No sympathy. Get off y'r arse and ear your own mnoney. CG taxes rationalise investment decisions, and would completely pop the property bubble.

Of course, in a Communist government , we can abolish ALL taxes.

**The Pastor** · 27th June 2006, 14:09

Or cut the dole. stop sending "aids" make people pay for uni's (and make them harder to get into) spend more investements into nz (as well as out of nz)....

**Finn** · 27th June 2006, 14:21

Originally Posted by Ixion

But implementing those taxes (a) allows others, like income tax, to be reduced (b) allows the provision of decent public services (such as a health service)

a) THIS government reduce tax. Ha, ha.
b) You can throw as much money as you like at the hospitals, but while they're run by idiots, nothing will change.

**Ixion** · 27th June 2006, 14:24

In a Communist government, NOTHING is run by idiots. Bullets are cheap, mistakes are NOT forgiven, comrade.

IU'll convert you yet.

**Jamezo** · 27th June 2006, 15:46

"In Soviet Russia, the party finds YOU!"

**Pixie** · 30th June 2006, 14:03

Originally Posted by Finn

a) THIS government reduce tax. Ha, ha.
b) You can throw as much money as you like at the hospitals, but while they're run by idiots, nothing will change.

Health is a bottomless pit,There is an never ending parade of new ,more expensive, drugs and toys for the health system to covet