I can't see a capital gains tax working to curb house price inflation – especially if it is couched as an "income tax" as it has been by our Finance Minister.
Let's consider income; for most of us this comes by way of a wage or salary which attracts PAYE as an income tax. If you have a job in some middle-income profession, business editor for a leading national newspaper for example, you would be on a much higher salary than the minimum wage (one would hope) and therefore you will be paying more PAYE.
Reducing the amount of PAYE you have to pay would not induce you to give up your middle-income salary to take a minimum wage job, as the total amount of money you have left after PAYE is deducted is more than what you would have after PAYE is deducted from a minimum wage job. Likewise, the increase in PAYE due would not stop you from taking a job with a higher salary, even if it put you in the highest tax bracket.
This is why the introduction of the bright-line test at two years and then five years did not cool the housing market. Vendors will still seek the largest appreciation increase as it will still leave them with largest total income.
Helen Allan, Te Puna.
Owner ratio
If increasing house prices led to an increasing proportion of people becoming house owners, correspondent John Denton (NZ Herald, December 1) might be right in that it is the greatest good for the greatest number of people.
Unfortunately, as long as house prices increase because of demand exceeding supply, the proportion of new house owners tends to be diminishing in relation to non-owners, and we would be moving towards the latter becoming the majority.
Can that be "the greatest good for the greatest number"?
Jens Meder, Pt Chevalier.
Working sick
Isn't it strange that most sick days take place on Fridays and Mondays? Employers are baffled by this phenomenon as well.
The Council of Trade Unions supports 10 days' sick leave, stating the importance of staying at home when sick because of Covid-19.
The CTU should be more concerned about workers turning up to work when sick because they are afraid of losing their jobs.
Neil Hatfull, Warkworth.
Super disappointment
The piece by Damian Light and the letter from Mike Single (NZ Herald, November 30), hit the nail on the head. Amalgamation, which led to the so-called Super City, is a disaster. On taking over as mayor, Phil Goff commented on the very low approval rating by ratepayers... little has improved.
There were 32 unimplemented recommendations by the Royal Commission on Auckland Governance. Many were "control and performance" measures. Had they been enacted we might not be in this parlous state.
Recommendation 32G was the appointment of a full-time auditor of Auckland Council's performance. It should be made at once. Perhaps Damian Light?
John Clements, Ōrewa.
Memorial progress
Who is Damian Light (NZ Herald, November 30) to disrespect Parnell residents who feel strongly that there is a more suitable site for the Erebus memorial? We can all agree that this has been long overdue and a cause of grief to families concerned for years.
Many Parnell residents are probably heading into their 70s and 80s and disinclined to make a public fuss. Others with young families have enough pressures without taking on any more stress. It has been up to a dedicated few (and I have not been one) who have the energy and passion to speak on our behalf.
It still amazes me that a suitable site at the Museum of Transport and Technology, Western Springs, was not given the due consideration it deserved. A place where generations of schoolchildren and their families visit on a regular basis and learn about our collective history, rather than a local park already dedicated to Dove-Myer Robinson.
Every community has the right and responsibility to maintain the beauty and uniqueness of green spaces in their neighbourhood. This should not be seen as a backward step, or standing in the way of progress.
F. Cobden-Grainge, Parnell.
China sanction
A simple but financially painful way to react to China's growing arrogance in the region is to put on hold all exports from Australia and New Zealand to China. China needs us to feed its burgeoning population as much as we have become dependent on them for our exports.
Greed has led us down this path, Australasia ought to collectively bite the bullet for a return to international equilibrium.
Richard Kean, Ngongotaha.
Wage subsidy
While some of our large companies were legally entitled to receive the Covid-19 subsidy, they need to question the morality of keeping it when they are still profitable enough to pay dividends to shareholders.
Having cash reserves to enable this is evidence the subsidy should be returned. This wage subsidy comes from taxpayers, many who also suffered financial hardship during Covid restrictions.
Corporate responsibility includes moral behaviour of directors and executives who should question whether the subsidy their company does not really now need should be paid back, and applied by Government to more equitable needs.
Hylton Le Grice, Remuera.
Congestion charge
Penalties such as the proposed congestion charge are unacceptable as long as we have our present appalling level of inequality.
This charge will have a serious impact on those who can least afford it while those who are doing well in our present economy won't even notice it.
Workers who have to drive to the city to carry out low-paid jobs, most of which are essential to our way of life, will be penalised at a level they simply cannot afford.
This charge will be regressive and unfair.
Susan Grimsdell, Auckland Central.
Help your shelf
Sharon Jamieson writes (NZ Herald, December 1) she does not like her home deliveries from supermarkets that are careless with expiry dates.
That is exactly why I like to shop in the supermarket every Monday: to read the expiry dates on all products and go to the back of the shelf to get their newer items.
I mostly use Countdown as, after I wrote to them nearly two years, ago they stopped 99c prices on all specials so their huge special signs look professional, unlike New World specials littered with 99c prices.
I only go to New World for my favourite items that for some reason Countdown stopped selling, like McCains Cordon Bleu frozen meals.
Get it off the shelf, not off the truck, it's far safer for your health.
Murray Hunter, Titirangi.
Slamming slammed
Doors, particularly car doors are slammed. But now, losing coaches are slammed, Trump is slammed, the Auckland Mayor is slammed, MPs who transgress are slammed, the Pakistani cricketers are slammed, migration policies are slammed.
What happened to criticised, rebuked, condemned or even denounced?
Rob Elliott, Kohimarama.
Short & sweet
On banks
I went to my local ASB the other day, but it was shut. Yes, they were "one step ahead". Chris Kiwi, Mt Albert.
On Whakaari
So if we are charging 13 departments and people for not keeping the White Island visitors safe, why are we not charging a similar group for not keeping the Christchurch mosque people safe? Kerry Farmer, Ōtaki.
On cricket
A bold idea for the next Black Caps pre-match protest. A one-minute commemoration for all the overseas professional sportsmen who can't get MIQ vouchers to enter New Zealand. M Mills, Meadowbank.
The farming community needs 60 overseas shearers, which the Government has not permitted, yet it has permitted 55 cricketers, of which seven have proven to be Covid positive. Time for common sense and equality to prevail. Mike Baker, Tauranga.
The vote for the best turn of phrase in yesterday's paper (NZ Herald, December 1) goes to Dylan Cleaver for referring to Shoaib Akhtar as "an entitled plonker". I chuckled all morning. Emma Mackintosh, Birkenhead.
How can I believe the cricket commentator when he said it's a wonderful day in Auckland today and after six balls they are off for rain? Brian Winks, Rotorua.
On China
Spreading disinformation of a photoshopped Aussie soldier holding a knife to an Afghan child and imposing usurious wine tariffs is childish behaviour and symptomatic of a paranoid nation-state. Tony Kaye, Hamilton.