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Poll: How would ring-fencing of residential rentals affect you?

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  1. #101

    Default

    Smoke and mirrors

  2. #102
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,820

    Default

    I think the income side will go up a lot quicker now due to ring fencing.
    Just more tax for the tenants to pay.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  3. #103
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,709

    Default

    I don't warm to the expression: 'kicking the can down the road,' but that's what's happening.

    If Labour is a one-term wonder (quite possible), the reduced tax-take in later years will be some other gummint's problem / fault.

    Preferably the gNats - from Labour's perspective.

    Quote Originally Posted by Don't believe the Hype View Post
    Mathematically you're spot on if you ignore the time value of money.
    I don't know if the expression "time value of money" includes inflation, but that's another big factor in deferring tax losses.
    Last edited by Perry; 11-05-2018 at 04:36 PM.
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