Posts by Sacha
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Cracker: Another Capital Idea..., in reply to Rik,
So the top 1% of taxpayers pay 15% of the tax, and the top 3% pay 26% of the tax? Does it mean we overtax our rich?
That's from Keith's post about the subject last year. Graphs currently broken but his answer to the lines you quoted still stands:
No, and I'm sick of writing about it.
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Cracker: Another Capital Idea..., in reply to Rik,
I'm taking the piss now
Randians have been doing that for some time. Some better than others.
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Cracker: Another Capital Idea..., in reply to Rik,
when tax rates are reasonable, people just pay them
oh really
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Cracker: Another Capital Idea..., in reply to giovanni tiso,
the supposed benefits of this completely failed to eventuate in the real world
Which is what really gets my goat about the resurgence of entitled libertarian whinging of late. Had their chance from 1984 until 1999 (and beyond, some might argue) and it's all too clear who benefitted and where their self-interested greed and lazy stupidity has left our economy relative to others and to our potential.
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Cracker: Another Capital Idea..., in reply to Rik,
you seem to be saying that it is not true that a small proportion of wealthy people pay a disproportionate amount of income tax
I'm saying the level of personal tax paid is more proportionate to income and asset ownership levels than is often presented. The wealthiest New Zealanders are not "overtaxed" though they do like to whine about it and to structure their affairs to avoid paying any at all.
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Hard News: A Capital Idea?, in reply to DexterX,
The answer is growth and not more types of tax
Any non-CGT suggestions for incentivising productive investment rather than houses?
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Hard News: A Capital Idea?, in reply to DexterX,
the base of the economy
Only about 25% of exports and 7% of the economy overall. Not that you'll hear farmers or the National party owning up to that reality.
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Field Theory: 65 bottles of beer on the wall..., in reply to Islander,
after I *so* carefully separated the letters
won't work we were
discussing ee
cummings recently remember -
Field Theory: 65 bottles of beer on the wall..., in reply to Rich of Observationz,
It does, and has done for a long time. Just put the raw link in your post with no square brackets in sight and behold the magic.
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Cracker: Another Capital Idea..., in reply to BenWilson,
Essentially the problem is that the direct value of people like investment bankers is easily calculated
If you regard value as what can be calculated in monetary terms, yes.
what they do sells itself for big bucks
verily, the sound of one hand clapping