15-08-2023, 10:23 AM
(15-08-2023, 10:19 AM)harm_less Wrote:(15-08-2023, 10:11 AM)C_T_Russell Wrote: Rates is essentially property tax that goes to local govt.And then you get the situation of landlords not passing their rates deduction onto their tenants, in much the same way as the F&V supermarket scenario.
Placing tax on a tax makes no sense. Cost of living is getting ridiculous.
If labour want to help households, take the GST off the rates, I would save the best part of $400 per year if that was removed.
A far better approach would be to zero tax the lowest income bracket. Simple, focussed and uncorruptable, but I seem to remember someone else suggesting that approach just lately.
They should though and landlords should be made to prove they have dropped it. Besides it would be tax deductable for a landlord anyway wouldn't it?
Unapologetic NZ first voter, white cis male, climate change skeptic.