The Property Ladder is a Ladder of Thieves

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I’ve been thinking about stealing. And it’s in relation to our tax system. We usually think of stealing in relation to private property. We could even steal the property of an organisation like an art gallery.

But the problem is that, with our current tax system, all the property owners of New Zealand are stealing from the public purse. And it is not their fault. They are usually oblivious. Continue reading “The Property Ladder is a Ladder of Thieves”

Retirement Villages – land, capital gains

FacebooktwitterredditpinterestlinkedinmailI am going to start with my beliefs and assumptions about the Commons, about the tax system and land as commons.

Fundamentally the earth belongs to all of us so we all have a right to the commons. What is the commons? What was here when we were born, or what the community or the country created while we were alive. Sounds esoteric? Well let’s think about that one.

The land was here always, it continues when we die. And so was the sea here – and the waterways, give or take a few rivers that divert. The minerals under the ground, the fish in the sea and the native forests as well as the air, the electromagnetic spectrum were all there. God’s creation so to speak.

Continue reading “Retirement Villages – land, capital gains”

A dual currency system

FacebooktwitterredditpinterestlinkedinmailCovid-19 in New Zealand has resulted in the loss of thousands of jobs, including from Air New Zealand, Auckland Council, Fletchers, Millennium hotels, Sky City, Ngai Tahu and Bunnings. With the first round of wage subsidies ending in June and the second round ending in September there will be thousands more jobs to be lost. Despite the fact that on Monday 8 June we moved to Level One and we can all move around normally within our country, there is no sign of overseas tourism starting up again or Air NZ getting back to 2019 levels within the foreseeable future. Continue reading “A dual currency system”

Summary of The Big Shift: Rethinking Money, Tax, Welfare and Governance for the Next Economic System

FacebooktwitterredditpinterestlinkedinmailThe Big Shift: Rethinking Money, Tax, Welfare and Governance for the Next Economic System by Deirdre Kent

This important little book is a very dense read. The current growth-dependent economic system is not only broken must be completely replaced with a new paradigm. Continue reading “Summary of The Big Shift: Rethinking Money, Tax, Welfare and Governance for the Next Economic System”