@garypayinda: virtually every developed country in the world has a comprehensive capital gains tax except for New Zealand. Australia's had one for 40 years! instead, we've carved out the world's largest tax loophole for property investors... And as a result, have a very unproductive economy. we don't make or do or invest or build, as much as we simply sell houses back and forth at astronomical prices, enriching Australian Banks beyond belief. Young people today have less chance of affording a house, and yet their own tax dollars are subsidising property investors. that's backwards. Labour is changing that. If workers and businesses can pay tax, then so can property investors. With the money going to fund 3 free GP visits. Please enrol and vote. It matters more than ever. we have to vote in governments that care about more than just big corporate donors.
I would love to see you as our Minister of Health in the future
2026-06-19 03:19:17
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jadetihema :
💯 let's go whangārei get Dr Gary in!👏🏽👏🏽👏🏽
2026-06-19 21:20:22
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Jen Tomlins :
Minister of Health 2027. Go Gary!!
2026-06-19 21:50:26
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Bronnieb :
It’s crazy that we don’t have a capital gains tax!
2026-06-26 09:17:21
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Andrew Hope :
❤️❤️VOTE LABOUR FOR A MATURE STABLE AND RESPONSIBLE GOVT ❤️❤️
2026-07-19 00:04:19
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Random_shit69 :
Hi Gary. Is there any serious reason why churches and companies like Sanitariam are tax exempt and don’t pay any tax? Surely in this day of user pays these archaic laws need to be looked. Thoughts please.
2026-07-16 00:48:50
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Muzz :
Sounds good to me 😁😁😁
2026-06-19 18:46:20
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David Tocker :
Say you own a company. it makes a profit. you say 'My company made some money, and I want to pay some of that profit into my bank account'. so you do some drawings. and you pay.. tax. 33%.
Say i own shares in a company. I might get dividends. on which I then pay tax.
Say I sell those shares. I've realised the value of them and converted them into cash. on which, again I pay tax.
Companies generally pay tax when they keep money in the company. aka build up reserves. its a uniquely backward rule that often results in businesses having less in reserve than they probably should.
I like the idea of helping patients, but there are probably better places to find the money.
now if you were targeting structures that are well known to avoid paying tax in nz - think of all the tech companies paying tax in Ireland, it would be something actually putting more money back into the system, not just pinching it earlier in the process.
2026-07-15 06:08:43
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Rb :
All taxes my G. Got anything other than tax going good?
2026-07-08 06:51:14
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Myth Busters :
Australia’s had a capital gains tax for 40 years, and Sydney and Melbourne are among the least affordable cities in the world. A CGT doesn’t fix house prices, the model you’re citing proves it. And Labour’s version exempts the family home and only taxes gains made after mid-2027, on sale, so the revenue for those ‘free GP visits’ lands years after the bills do. Worth debating honestly, not over selling!!!
2026-07-04 11:06:44
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Howe Hone :
Let's Go LABOUR GREEN TPM
2026-07-14 03:55:12
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wish0master :
Anything above 3 times average annual salary should be taxed 90% otherwise this problems will continue. Inflation will be back every few months. If income disparity between high salary earners and low earners reduces, high earners will take the side of all working people. Else this will never change. A ceo that makes 6milliin will not care if someone at low income don’t get a benefit, because for them it is all just numbers. And the same ceo probably could be the reason for first home buyers not getting a chance into housing market, what else will high earners do other than buying property with the money they could not spent. CEO is just one example even peolle below them too earns huge numbers and is inflating market
2026-06-21 11:55:12
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Tony Paulsen778 :
Our country ranks 3rd worst in income inequality & 1st worst for homelessness in the OECD. Half this country has around 6% of household wealth. There are 100,000s of people living in poverty trying to survive. It's disgusting for a so-called wealthy country.
2026-07-02 18:46:13
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