26-09-2025, 09:03 AM
(26-09-2025, 08:59 AM)Oh_hunnihunni Wrote:(25-09-2025, 05:46 PM)harm_less Wrote: It turns out there was a bottleneck in that strategy right about where the landlords are.
I was thinking about that this morning and remembering how the lump sum payout from ACC when I was widowed was taxed at the maximum level, and yet the profit I made on the houses I flipped was not. And I know it is a ridiculous comparison but the personal cost of each 'profit' was so hugely different, it really exacerbates the unfairness of the taxation.
Taxes should be fair and equitably imposed. Our current system does not allow for that, it is patently clear. We need leadership with the guts and clear eyes to see that and do something about it, for everyone's benefit.
Too many people in positions of influence are invested in the current system. To break it will need a strong break - either driven by disgruntled people, or by an economic catastrophe.
I do have other cameras!