To say a capital gains tax would be difficult to implement is so much media codswallop.
Australia has had a successful model for decades and it would be easy to copy.
It hasn’t affected the wealthy from becoming wealthier one iota and, as a result, and directly in proportion to New Zealand not having one, there the teacher class ratio is 1/25, their health system (nurses there are some of the highest paid in all OECD countries) is that much better as is their roading, defence force and quality of life.
Weak-kneed New Zealand politicians and the media need to grow up, stop the wasteful and puerile point-scoring on the issue and tell it the way it is as in Australia.
Gary Hollis, Mellons Bay
