Have you got a tax policy you’d like to talk about but are scared because it sounds so scary to the voting public?
Does your current stance on this tax leave you open to attacks from opponents who are using your ‘next term we might do something’ stance to scaremonger the electorate?
Is that policy a Capital Gains Tax? And you want one to even the playing field?
Well there is no need to worry any more. A new revolutionary trick based on evidence revealed only months ago, will mean that by the end of our 37-day free trial, the electorate will be eating out of your hand.
You just need to follow three simple steps, designed by our experts specifically for you.
Step 1: Pick up the phone.
Step 2: Ring Otago University and Motu economist Andrew Coleman.
Step 3: Ask him about his idea for levelling the playing field between property and other forms of savings without having to impose a Capital Gains Tax.
Coleman’s idea is revolutionary.
It’s simple. In 1989 New Zealand changed its tax settings so that ‘other’ forms of savings – like KiwiSaver when it was invented – were taxed differently from property.
Before the change, income was exempt from tax when earned but saved, exempt when it accumulated and earned interest and dividends, then only taxed when it was withdrawn.
That was changed to income being taxed before it was saved, those savings being taxed when they earned interest and dividends, but not taxed when withdrawn.
Can you see the difference? It was a tax experiment that went HORRIBLY WRONG. It encouraged investment in housing because property was taxed less. This meant we built bigger houses than we needed, and didn’t put nearly enough money away in other forms of savings to properly fund our productive economy.
Until now, people have argued that we need to level the playing field by taxing property more. But Dr Coleman has come up with a revolutionary suggestion for getting around all that nasty Capital Gains Tax talk you’ve been fearing for so long.
Tax sanctioned savings schemes LESS.
I know. It sounds so simple. So why not try it yourself with our free, 37-day trial?
You just need to pick up the phone.
Ring Otago University and Motu economist Andrew Coleman.
And ask him about his idea for levelling the playing field between property and other forms of savings without having to impose a Capital Gains Tax.
You won’t believe the results.
But you better get in fast. It’s first-come-first-served and you need to get in ahead of that Steven Joyce, who could box you into a corner if he decides to take the idea on himself.