Josie Pagani

Some more reader questions about Capital Gains Tax

I doubt Labour can answer these, after 4 years they still have no idea what he shape of the CGT will look like.

Hi Cam & All

I have a few questions regarding CGT that I don’t think I’ve seen raised, and which certainly don’t seem to have been put to Cunliffe:

What adjustment will be made to the selling value of a property due to inflation? In other words, this tax fails to take into account inflationary pressures, and is, in effect, a tax on inflationary gains (which, as we all know, is NOT a capital gain in the real sense of the term).

Another thing that is not taken into account is the real cost of purchase. Most people buy a house using a mortgage. The real cost of the house (purchase price + interest) is much higher than the actual value of the house when purchased. Will this be taken into account when determining any capital gain?     Read more »

Facts matter Josie

Yesterday on The Cauldron, Josie Pagani and I set about each other over taxation.

Her claims were that the “poor” pay more in tax than anyone else…my contention was she was talking rubbish.

Lindsay Mitchell points out who was right and who was wrong.

The topic for discussion was tax cuts. Cam said that half of people already pay no tax (or words to that effect). That tax cuts for them would be ‘smoke and mirrors’.

Josie Pagani mounted an absolute denial saying that low and middle income people pay more tax than wealthier people relative to their income.

Time to remind ourselves that

…households earning under $60,000 a year – which is half of all households – are expected to pay 11 per cent of income tax. “When we take income support payments into account, as a group they will actually pay no net income tax at all,” Mr English says. Read more »

Cam on The Cauldron at 16:00 on Newstalk ZB

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Cam Slater on The Cauldron.

We are all expected to be in-studio today, so that should be a good show.  I expect to get punched in the arm by Josie at least once!

The range of Topics today may include the following

  1. - National Fiscal Policy – announced at 3pm
  2.  Cunliffe rules out Maori Party (on NewtalkZB this morning)
  3. Jamie Whyte
  4. Polls
  5. Kim Dot Com
  6. Capital Gains Tax

Read more »

Cam on The Cauldron at 16:00 on Newstalk ZB

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Cam Slater on The Cauldron.

The format of the Cauldron may be different today, mostly because instead of commenting on political stories, I am the political story.   At this stage, it is expected that I will solo with Larry for the first half of the show.  Then I step back, and the rest of the team can comment on matters without me getting in the way.

This is the likely format, but it can still change.  I’ll try and get Pete to update asap this if that’s the case.

 

Cam on Cam (studio webcam, includes audio )

You can listen online via iHeartRadio  or tune in though usual methods.

newstalk

Josie Pagani: Stop spinning tonight’s debate

I’m not sure attempts to spin expectations around tonight’s leaders’ debate are credible.

Take the people saying ‘all David Cunliffe has to do is draw’. Unfortunately, last year David Cunliffe’s supporters in the leadership contest argued he should lead the party because of his superior debating skills.

Here’s Martyn Bradbury from the Daily Blog in the NZ Herald in June of this year:

“Cunliffe’s performance in the debates and on the campaign trail will be one of the most convincing components of a Labour-led win.”

Martyn Bradbury no less.  Wow.

David Cunliffe was widely praised for his skills as an effective debater and his presence on TV.

A Standard blogger talked him up as ‘Labour’s best performer’

“…. in the House and on television: just the tough, well-prepared and clear speaker that is needed to front against John Key in the next election.

More recently, when polls started to drop, the spin was, ‘Don’t worry, just wait for the debates. That’s when Labour will turn the polls around.’

Well, one thing is sure:  It’s all on David Cunliffe tonight.  Because the polls need to stop plummeting before they can be turned around.

Here’s Brian Edwards, a David Cunliffe supporter, in 2013:

“Cunliffe may or may not be nice, but he is hugely experienced, has an in-depth understanding of policy, conveys confidence and authority, handles the media superbly and can make mincemeat of anyone on the other side of the House.”

My good friend Brian has stopped writing of late.  I must dig up one of his last posts again – it was a great piece of comedy, although I’m not sure he meant it that way at the time.

Stop spinning. Just let the debate run. We know John Key is a formidable debater – he performed strongly in 2008 and 2011. There will be two quality and skilled debaters on stage. The job is not to find a ‘winner.’ Its for voters to learn more about how they want their country governed.

 

– Pundit

The Cauldron at 16:00 on Newstalk ZB

As Cam is still in Israel and not back until Friday, he is not going to feature on the Cauldron today


I am not on The Cauldron again at 1600.

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Jordan Williams on The Cauldron.

 

Topics today may include

1)  John Key, the OIA request and… me

2) National Party housing policy

3) The Dotcom and Corkery show at the Internet Mana party launch

4) Labour cancelling policies to fit with Prefu limitations

5) Dirty Politics – will the polls reflect this?

 

Cam (not) on Cam (studio webcam, includes audio – with all but Josie expected in-studio)

You can listen online via iHeartRadio  or tune in though usual methods.

newstalk

It’s a question that needs asking: Can you trust John Key?

paganiJosie Pagani writes

As never before, John Key is making us feel he can’t be trusted.

He can’t be trusted to run the economy.

He can’t be trusted to tell the truth about how the SIS was used, three years ago, to attack Phil Goff.

He can’t be trusted to be the nice guy, when his office was giving preferential treatment to right-wing blogger Cameron Slater to smear National’s rivals. Read more »

The Cauldron at 16:00 on Newstalk ZB

As Cam is in Israel right now, he is not going to feature on the Cauldron today


 

I am not on The Cauldron again at 1600.

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Jordan WIlliams on The Cauldron.

 

Topics today may include

1)  Polls, polls, more polls

2) Green policy to eliminate child poverty

3) Labour’s policy on making alcolhol more expensive and put the age back at 20

 

Cam on Cam (studio webcam, includes audio – with all THREE expected in studio)

You can listen online via iHeartRadio  or tune in though usual methods.

newstalk

Cam on The Cauldron at 16:00 on Newstalk ZB – [UPDATED]

[UPDATE]
ZB tell me Cam is not going to feature on the Cauldron today. Cam told me he is. Apart from the foibles of trying to run a media organisation from my bedroom and control a Type-A personality that’s now probably in a Kava induced coma, let’s all get together and see what is actually going to happen – Pete


 

I am on The Cauldron again at 1600.

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Cam Slater on The Cauldron.

I will be calling in from Fiji, so there will be little point watching me on Studio Cam.  Perhaps just use this charming photo with my The Edge death stare instead:

fds

Topics today may include

1)

Cam on Cam (studio webcam, includes audio – but a little pointless today)

You can listen online via iHeartRadio  or tune in though usual methods.

newstalk

Cam on The Cauldron at 16:00 on Newstalk ZB

I am on The Cauldron again at 1600.

Join Larry Williams, Josie Pagani, Barry Soper and some guy called Cam Slater on The Cauldron.

Topics today may include

1) Labour’s Youth Policy, as announced by Grant Robertson today (wot, not Jacinda?)

2) Christine Rankin in Epsom

3) Laila Harre in Helensville

4) Sale of Lochinver to those pesky Chinamen

5) Tim Groser eats the wrong fish, even though it was on the menu

6) Roy Morgan Polls… the latest one, what’s up with that?

 

Cam on Cam (studio webcam, includes audio)

You can listen online via iHeartRadio  or tune in though usual methods.

newstalk