Comments by "Ads Dft" (@adsdft585) on "James Shaw: Wealth taxes, free dental, and coalition options with National | Q+A 2023" video.

If they took their wealth out of NZ tomorrow, in what form would wealth move? Would that change their tax residency? Which wage slaves would be unemployed ? What small business would disappear?
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If someone works hard! If they are a cleaner or a CEO both work hard. So why do some gather excess ( it is ok to be well off) ? Also we need to explore the debt based economy and if has negative effects on daily life.
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The angle of questioning was different, and response to was different.
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Cost plus inflation is difficult. This is also an issue with the debt based economy . The owners of debt gather income on that debt from those who don't own resources.
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@vanessasomerville7036 Since 1949 to 2023 ( 74 years) . Labour was in government 27 of those years. National been in government for other years.
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@Mr4bobby if you watch " the Spider's web: Britain's second empire..." you will see there many valid view points.
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@Mr4bobby Well as long as the NZ reserve bank buying lots gold before the USA dollar looses favour.
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Will there be an overhang?
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Remember overseas votes! They changed the numbers of MPs each party had on election night. These people are not in polls.
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Protect the pension age! Pay as you go does not work. ( people who earnt a wage paid 1 and 6 in the pound which government set aside for pension payments) This was established between 1969 to 1972 and saw Labour save as you go system introduced. National repealed it on idea such big fund would buy 100% of NZ. Labour created the super fund and kiwi Saver in 2000. National watered it down. But now! National and other parties are looking for overseas pension funds to fund NZ and tolls (tax) pay overseas counties money. So what National said was bad in 1975 is ok to a limited degree now!
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