Capital gains tax
Chris Pattison's plea (Letters March 9) for understanding landlord's aversion to paying tax on capital gains begs, to my mind, the following question;
I pay tax on my WINZ superannuation, my meagre bank deposits and investments to supplement my super and any purchases that incur GST.
I then sell my rental bach to realise a profit to use as supplemental income and do not pay tax on this.
Is this fair?
Joseph Gielen
Glenholme
Water bottling
Why does New Zealand let any company, owned by any country or company, permit water bottling anywhere in the country?
The whole world is awash with plastic. We don't need any more plastic bottles. I suggest a blanket ban on all water bottling proposals.
If places are short of water and New Zealand has a surfeit, water could be exported by tanker to then be put into the local reticulation system.
Brian Pickering
Lynmore
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