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Type: Posts; User: Winston001

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  1. Replies
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    200

    Pitched roof? I thought one of the signatures of...

    Pitched roof? I thought one of the signatures of Art Deco was a flat or at least hidden roof. Educate me. :D
  2. If New Zealand was part of a large land mass with...

    If New Zealand was part of a large land mass with a billion first-world consumers just across the border, I would agree with you.

    However in fact our nation is a group of distant islands 1800km...
  3. Oops - more TAX: forgot the $2 billion per...

    Oops - more TAX:

    forgot the $2 billion per annum the govt were supposed to be investing in the Cullen Fund. We are about $12 billion down on contributions so a big catch up required there.
  4. Mmm...don't agree Bob. For one thing people hate...

    Mmm...don't agree Bob. For one thing people hate GST quite irrationally even though they don't understand it. I don't think the electorate would swallow more GST even though some Europeans pay 25%....
  5. Good point SB. There is no reason at all to...

    Good point SB. There is no reason at all to believe the current tax law on trading and developing properties will be repealed. Instead CGT will be an additional tax but maybe there will be a CGT...
  6. Yes Perry, think you are right - death duties...

    Yes Perry, think you are right - death duties instead of a CGT. Similar effect.

    I certainly agree with you that the Labour policy is swamped in misleading half-truths.

    The core political...
  7. Just remembered this earlier post which gives an...

    Just remembered this earlier post which gives an historical example of when a type of CGT was imposed in New Zealand:


    "Just a reality check - in the late 19th century the government introduced...
  8. CGT is a tax. It will achieve revenue for the...

    CGT is a tax. It will achieve revenue for the government to spend.

    Why a CGT? Capital increases in wealth (shares, bonds, business goodwill, farms etc) are mostly not taxed in New Zealand. Wages,...
  9. Well you haven't dealt with ordinary folks....

    Well you haven't dealt with ordinary folks. People who put their life savings into a business which doesn't have a profit become bankrupt. Simple and sad. I've looked across the desk at many.
  10. Mmm...have you ever met any IRD staff? They don't...

    Mmm...have you ever met any IRD staff? They don't have devils horns, they are just mum and dads like the rest of us.
  11. Replies
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    Certainly not on the road or across the road, but...

    Certainly not on the road or across the road, but I imagine you could build to support the road.
  12. No. Unless your wife agrees.

    No. Unless your wife agrees.
  13. Replies
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    The original cross-lease is held by the Land...

    The original cross-lease is held by the Land Registry - LINZ, and you can get a print out of this document. Councils seldom ever hold copies. What the council should have is a copy of the Deposited...
  14. Replies
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    1,440

    Kamchatka Peninsula is much overlooked. Millions...

    Kamchatka Peninsula is much overlooked. Millions of hectares of trees, plenty of fish resource, and fascinating wildlife viz. Siberian tigers. Plus cheerful and cheap North Korea nearby for vacations.
  15. Replies
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    1,219

    Personally I'm a logburner man - plenty of heat...

    Personally I'm a logburner man - plenty of heat and still useful if the power goes out. Can even be cooked upon.

    Pellet burners do seem a little noisy with the fan running.
  16. Replies
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    17,374

    Just consider the previous post and think about...

    Just consider the previous post and think about the impending Inland Revenue computer upgrade. It is imminent and budgeted at $1.3 billion.

    I am a simple man. For me a Toyota built in Japan is...
  17. Replies
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    17,374

    I did a bit of research a while ago about the...

    I did a bit of research a while ago about the implementation of new software systems in large enterprises. Surprisingly, indeed astonishingly, it seems that around 40% of new systems falter. Now,...
  18. Replies
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    33,545

    You raise a good point. By the 1940s our society...

    You raise a good point. By the 1940s our society was way beyond the privations of the Victorian period when child death was an accepted burden of family life.

    Houses in the 40+s were cold except...
  19. Agreed Ross. One of the benefits of the NZ income...

    Agreed Ross. One of the benefits of the NZ income tax system is simplicity. Most tax payers never file a return nor do they need to. If there is a refund it is simple enough to get.

    Once we start...
  20. Replies
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    856

    Mmm...I tend towards Atermis opinion. Keep it...

    Mmm...I tend towards Atermis opinion. Keep it simple. I'd be reluctant for the Trustees to take on debt or to give guarantees. Too much is out of your control and reliant upon everything going...
  21. Wondered when we'd get on to that - its a much...

    Wondered when we'd get on to that - its a much better idea but too complex to administer?
  22. Perry - think you said "why can't they admit CGT...

    Perry - think you said "why can't they admit CGT is just a tax grab?" or something similar.

    Absolutely right but Labour are saying that. Its what they mean by "broadening the tax base". All the...
  23. Replies
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    My respect for you Richard, its a selfless and...

    My respect for you Richard, its a selfless and generous idea.

    There are a couple of important questions.

    Firstly do any of the 4 primary beneficiaries (your siblings) need their money right...
  24. And just a reality check - in the late 19th...

    And just a reality check - in the late 19th century many governments introduced reform legislation to deliberately break up the Great Estates. A few land owners up to that point held most of the...
  25. There are two levels to your comment. Firstly...

    There are two levels to your comment.

    Firstly there is the political argument as to what the community will accept. That is where CGT becomes a mess - include homes or not.

    Secondy there is...
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