Narrow down the conversation to these participants:
Electorate:
@8HRSZ9N4yrs4Y
only on investment property as well as overseas investors
@9FK5LRZ1yr1Y
Yes for overseas investors and investment property
@9B7Q7FR2yrs2Y
Yes, but this should be accompanied by reduction or elimination of other taxes (such as no tax on income and dividends in KiwiSaver allowing for better compounding. Then capital gains tax when drawing in retirement. This encourages saving and allows for wealth building).
@9F6LXJM1yr1Y
No, use an ad valorem tax instead.
@9DZ9BCL1yr1Y
Yes on investment properties but should be tax deductible expense
Everyone should by a 5% capital gains tax, not just targeting certain contributing members of society.
Should focus on the Rich avoid taxes
@9DVKL2X1yr1Y
On investment properties for citizens and on properties owned by foreigners
@9DTZCFN1yr1Y
Yes but only on 2nd or more rental and on overseas investors
@9DRW7NC1yr1Y
Only if all business gains are taxed equally eg shares
@9DGCJKX1yr1Y
Yes but only on 2 or more houses. Not family homes.
this is a complicated question. yes we need one but there has to be a high thresh hold. kiwis already get taxed a lot and have low wages, and everything is expensive! we cant have a capital gains tax that prohibit hard working people from climbing up the ladder. but if you are already excessively wealthy, or a property investor etc then yes. i dont trust this labour government to do it. it has to be target for the very wealthy, corporations etc. but not on assets that arent generating money. you might own something expensive that doesnt generate money and now you have to pay a tax on it. there needs to be rigorous public debate
@9D9JT491yr1Y
@9D7BT8B1yr1Y
Yes, for investment property, overseas investors and anyone who flips things during a certain timeframe (3 months)
@9HK9YD6 1yr1Y
They should overseas issues by legends former US president Donald Trump and former UK Prime minister's office with investigation of ends
@9H3ST5B1yr1Y
Yes, but only for overseas investors who buy more than 3 hectares of land and family have no relation to New Zealand
Definable for overseas investors at a high rate and building investment properties not private properties as you should be able to have 2 properties per NZ citizens only
@9G6PFTX1yr1Y
I would prefer a wealth tax or land tax or a combination of the two and make the first 20-30,000 of income tax free
@9G6LRRR1yr1Y
Yes, but only after a limit, eg, on the 3rd investment property or if valued over a certain amount, so small investors don't get hit.
Capital gain tax should be implemented if you have MORE THAN 1 rental. Everyone should be entitled to have at least one rental property to assist them in their retirement years, because the pension is certainly not enough. People who have a rental property have worked hard, and planned hard for their retirement years.
@9G2VHHM1yr1Y
15% CGT would be fair for 1 or 2 investment properties. After this then it is a business and needs to be taxed accordingly.
Yes, but only on second (or more) properties
@9F6JWG51yr1Y
I don't have enough knowledge about this topic ethier to make a proper statement concerning it.
@9F6JSZW1yr1Y
Yes, on houses over $2 million
Yes, and lower tax for all under $150,000 - get the tax from richer people and those gaining elsewhere
Yes on both investment properties and for overseas investors
No, but they should increase subsidies for first home buyers
@9F5DF4H1yr1Y
Yes but investment properties and overseas investors
@9F4XW8J1yr1Y
Yes, but only on short term investment. The time should matter. Hold longer = less tax or no tax
As long as losses can be claimed as well And for shares as well as investment property
@9F3KTTF1yr1Y
Yes, but not on a family home.
Only on investment property and on foreign investors. No continuous capitals gains tax on stock market investment
Yes, on investment property and overseas investors, but not on day-to-day home owners.
Yes but only on the 3rd or more properties owned and also if those properties are sold within 3 years of purchasing
Yes but only if 2 or more owned. Allows for Owner occupied and either 1 rental or 1 holiday home.
We already have one. Bright line test.
Yes but only for people who own multiple properties, rather than the "mum and dad with a single rental and family home"
Yes, but for those that own more than 3x investment houses
@9DY3RKZ1yr1Y
don’t know enough about it to comment
yes, but no exceptions. must be over all property.
Tax on equity and reduce income tax
Yes, but I believe if you are not born in this country capital gains tax should be implied just for the share fact that kiwis miss out
i think if you don't own it you should not but if you have lots of money you should pay more tax for the things you own
yes for a shortened time such as 2 years
Yes, but for investment properties and overseas investors.
Yes but only based on equity gain less initial investment and inflation
@9DWBLHZ1yr1Y
Yes, but not for Mum&Dad investment properties trying to secure their future. Limit ownership to 4
On houses more than the average house price and land
On properties after the first two owned.
It needs to be fair across all types of investments
Yes, but only on property
@9DVZY7T1yr1Y
Yes, but only for investment properties sold within 10 years of purchase.
yes, only when the gains is paid out to prevent impact on assent rich but income poor older citizens
Yes, if you have more than 3 investment properties and are an overseas investor
Not if it is your home that you live in for a certain time period
Yes, but not on the first home or a subsequent home i.e. holiday home and family home, but on every home after that and trusts should be looked at as well as well as families who are putting housing into their children’s names
@9DRXV7H1yr1Y
Yes if you have more than 3 properties. Some people have a family home, an investment and a Bach. Any more than that needs to have capital gains.
@9DRX2791yr1Y
Yes, but linked to your overall tax burden
@9DRVY2N1yr1Y
All income should be taxed at the same flat rate no matter the source of the income
Yes, accordingly to the percentage of earnings gained.
@9DR27HS1yr1Y
Yes but only on investment property and only at a flat rate of say, 10% rather than a person’s marginal tax rate.
@9DQTX2N1yr1Y
Yes but only for realized capital gains
@9DQRJWQ1yr1Y
Don't have enough knowledge on this topic.
Where it benefits poor people donthe riggt thing
@9DQPBRP1yr1Y
Yes, but all other taxes and payments that have been put in place in the recent past to avoid this debate should be removed
@9DQN9HT1yr1Y
Only if the prices of properly are decreased
@9DQLNWD1yr1Y
i don't have the best knowledge for this.
@9DPPHKW1yr1Y
I don't have knowledge on this topic
@9DPP5VX1yr1Y
Introduce a land tax instead
@9DPNBJC1yr1Y
Yes, but very small amount (10% or so)
@9DPH5P61yr1Y
Yes, and it's insane that a capital gains tax isn't already implemented in the country.
@9DNF5HJ1yr1Y
Yes, needs to be thought through
@9DMSH5C1yr1Y
Yes and a cap should be placed on how many properties an individual can own
@9DMHJVN1yr1Y
When investments (and interest is deductible) are sold including farmers
@9DMHLZC1yr1Y
Yes on investment properties and also for houses that are built to sell for a profit but not holiday homes
@9DMF86R1yr1Y
Yes, but only for people owning more than 2 homes.
@9DKPCKF1yr1Y
A wealth tax is preferable to CGT
@9DKNZ9C1yr1Y
Yea on investment, and overseas owners
@9DK8LG91yr1Y
Yes, but not on the house you live in
@9DHFRYH1yr1Y
Yes, but only for a small percentage of highest earning New Zealanders
@9DGGFM41yr1Y
Yes, for overseas investors and portfolio holders where properties aren't contributing to housing but used as accommodation e.g air bnb
No, a Land Value Tax is a better alternative.
@9DG3Y861yr1Y
limit developer property investment
@9DFF6381yr1Y
Yes but for overseas investors and people who buy rentals often
@9DFBN6K1yr1Y
Yes but only when they own more then two properties
@9DF8H581yr1Y
Yes but only for the most wealthiest of New Zealanders and foreign investors
@9DF2TWR1yr1Y
Yes, but not on the family home.
@9DDNS3K1yr1Y
Yes for 3 or more properties
@9DDN8391yr1Y
No, because that decision will damage new zealand
if people own above a certain amount of properties so that it does not target those who say own 2 homes and it's not their main business but those who have invested in many properties for financial gain
@9DD79TG1yr1Y
NZ already has a capital gains tax on property And there are a number loopholes to get around it
@9DD3XSX1yr1Y
I do not have sufficient knowledge to be able ot answer this question accurately
@9DCWBSJ1yr1Y
Only for people with 3 or more houses
@9DCQRTT1yr1Y
Yes but only on people who own more that two houses.
@9DCCBDK1yr1Y
Small percentage on everything including family home
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