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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (8441)	8/20/2006 1:09:43 PM
From: Moominoid	Read Replies (1) \| Respond to of 217688

But that's going to change and 5% of the market value of assets will be taken every year, irrespective of dividend or paper capital gain. !!!! So it is a wealth tax rather than an income tax?

To: Maurice Winn who wrote (8441)	8/20/2006 3:36:46 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 217688

So you could sell all of your investments, outside of New Zealand and Australia, and pay no tax on the gain - and the tax on the dividends would cease, since there would be no dividends. But instead you have decided you will keep your foreign investments and pay 5% of the unrealized gain each year? That doesn't make a great deal of sense to me. I suspect the situation is different from what you have explained, or what I understand from your explanation, otherwise you'd immediately sell and avoid all taxes. What's the real situation? .

To: Maurice Winn who wrote (8441)	8/20/2006 8:44:43 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217688

whatever the truth of the taxing regime, it is made necessary by fiat money inflation over the eons, supported by electorates such as yourself, making short work of thrift, destroying diligence, warp trade, twist resource allocation, and pulverizing capital. so, in other words, maurice, you championed the tax regime at each iteration of evolution, all made necessary by your misunderstanding about what is evil and not good. chugs, j