Wait, they want more foreign ownership of real estate?? Are they high lol. That’s going to price out every last young person there from homes that’s not already priced out.
The populists won’t allow more foriegn ownership of real estate.
I don’t see a single problem here. Fuck, I wish Australia would get behind this.
Also good, fuck prohibition laws. Leave them in the fucking past where they belong. If I want to slowly kill myself by inhaling burning plant matter, then that’s my decision. The taxes I pay more than cover my eventual cost to the state’s healthcare system. The government does not get to dictate what I do with my own body.
Tax revenue that you’ll have to plow right back into the health care system to treat expensive lung cancers. But hey, that’s only 20 years down the line, so you look good now.
Lol sounds like this increases tax revenues by increasing the number of addicted smokers buying cigarettes and then taxing the sales.
Really sound government policy there.
They have actually admitted this is going to be revenue gathering. NZ has some of the highest tobacco tax in the world.
Basically their election promise was tax cuts, which they intended to do by allowing more foriegn ownership of real estate and taxing it.
After the election they found out they could only govern with the help of a populist party and a libertarian party.
The populists won’t allow more foriegn ownership of real estate. Meanwhile the libertarians’ wet dream is stuff like more
lung cancertobacco.So we get shitty last minute law changes we didn’t see coming, like this one.
Wait, they want more foreign ownership of real estate?? Are they high lol. That’s going to price out every last young person there from homes that’s not already priced out.
Yeah it was straight up one of their biggest election promises.
What can I say, their core base is landlords, boomers, and people who want leopards to eat faces.
I don’t see a single problem here. Fuck, I wish Australia would get behind this.
Also good, fuck prohibition laws. Leave them in the fucking past where they belong. If I want to slowly kill myself by inhaling burning plant matter, then that’s my decision. The taxes I pay more than cover my eventual cost to the state’s healthcare system. The government does not get to dictate what I do with my own body.
Tax revenue that you’ll have to plow right back into the health care system to treat expensive lung cancers. But hey, that’s only 20 years down the line, so you look good now.