Monday, 25 June 2007
We already have a capital gains tax, you pillocks.
Tax Houdini Cactus Kate points out something overlooked by politicians, political and business journalists, and even Reserve Bank wonks. These know-nothings "don't know what they are bloody talking about," she says, "as New Zealand does not need a special housing capital gains tax. The legislation already provides for one." She's right, you know. On all points.