Gary Stevenson: Harsh warning for future if inequality worsens

Comments · 1.2K

• PS

  @PsyNZ · 7 months ago

  I reckon our Healthcare service would appreciate an extra 3.7 billion annually. Gary is completely right and we always hear the same lines about why we can't tax the wealthy. They're the ones pushing these messages because they don't want to pay. We either design effective taxes that target wealth and assets, or they'll consume them all. They're spreading lies to try and avoid paying their fair share.

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• JO

  @johninnz · 7 months ago (edited)

  Notice he said tax "The Super Rich" not the common kiwi, i.e Mum and Dad investor.

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• AL

  @alexhawkhead · 7 months ago

  My kingdom for a PM who speaks with as much conviction as Gary does for ordinary people

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• DY

  @dylzp · 7 months ago

  Jack the reason why house prices have gone down for us specifically in the last 5 years is because that period was during the height of the pandemic where house prices went into outer space. What you have with New Zealand specifically is that the local economy for New Zealand is very weak (especially compared to other countries) and because our economy is so weak and the cost of living is so high we end up having many people leave our country (as we’ve been seeing in crazy numbers the last few years). A weak local economy since the pandemic and many people leaving does one thing to the property market, it tanks it. That’s why in the last 5 years you have seen this happen to us but when you compare it to the last 10 years the trend is still very much up.<br><br>Asking Gary about our local economy specifically when speaking in general terms across the west was a bit of an unfair one.

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• AR

  @arthurprentice7110 · 7 months ago

  Throughout history narcissistic sociopaths have vied for control. The problem we face is how to identify them before they get anywhere near positions of authority. Taxing the Epstein Class properly and keeping their money out of elections might help.

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• SH

  @shovelspade480 · 7 months ago

  The house I live in was <br>Sold in 1999 for $69k<br>Sold in 2003 for $80k<br>Sold in 2015 for $150k<br>In 2026, it&apos;s valued at $550k<br>But it has dropped in value by 18% 😂

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• JE

  @jeffmcclintock · 7 months ago

  LOL, Jack trying to argue that 1.3 BILLION dollars in extra tax income is not significant.

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• FL

  @FlatcadYT · 7 months ago

  Having rich people in your country is not a good thing if they are being parasitic. You want young hungry citizens who can create wealth, not wealthy people buying up all of the assets and paying the best lawyers and accountants to find loopholes in tax systems.

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• SC

  @scotchbarrel4429 · 7 months ago (edited)

  <a href="https://www.youtube.com/watch?v=EO8dchbQDEE&amp;t=278">4:38</a> - this point was a stretch of a gotcha question. &nbsp;Garys supposition is that prices have risen progressively over the long term, my man Jack considers a drop in house prices from post covid as a winning argument, ffs bro, wtf! 😂❤

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• ID

  @IdreamIsoar · 7 months ago

  We Kiwis tend to be short-term planners. All our governments have not made robust sustainable policies, &nbsp;swinging to and fro on the political spectrum.

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• TH

  @the90005 · 7 months ago

  Chur for being a good human Gary.

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• TI

  @tigxxandwairata · 7 months ago

  I&apos;ve just come back from a month in Australia. I watched all the press on Gary Stevenson &amp; it was great &amp; really expanded your understanding of the debate. Jack Tame&apos;s interview was way off track. Waste of an opportunity

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