How not to blog, and how not to blog
Reality Gap - What's 1.5 million between friends?

Capital Gains Tax can create 100% taxation scenarios

How could I almost let this one go?

These authors, Paul Mersi and Mark Russell, think that with the new capital gains tax, periods when taxpayers could be paying 100% of income in tax may not only occur occasionally, but quite frequently.

Unlike my views of KiwiSaver - which are supportive, generally of the policy, I am wholeheartedly against this particular bit of the new tax proposals.

Well worth a read.


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