BNB babcock & brown limited

NZ does not have capital gains tax unless you are a professional...

  1. cpg
    3,625 Posts.
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    10/01/09
    13:58
    Post #: 4678170
    NZ does not have capital gains tax unless you are a professional trader.

    You take the risk and the govt get half the profits with NO risk. How is this fair.

    Capital gains tax is immoral and just plain wrong.

    Funny thing now is that capital losses will be HUGE for years to come and the govt wont get anything out of capital gains tax.

    It would be a good idea to ditch it now to try to stimulate the economy.
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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