I see on the news that the OECD has suggested that NZ should have Capital Gains Tax.
This is terrible. It will hit all those nice people badly. The OECD should stop these scurrilous ideas immediately and go back to their knitting!
The next thing they will probably suggest will be bringing in FTT to eliminate GST.
This would be a disaster. People would have to pay tax when they haven't bought anything!
In case you don't know, FTT is a tiny amount of tax the banks take off every transaction and gives it to the tax dept.
No more doing GST every month.
I think the politicians would rather take large doses of arsenic than have a bar of these ideas.
They should tell the OECD to get lost.
May be tricky!

Cedric Sutherland, Otumoetai.