Ryan Bridge: The Green's wealth tax isn't going to happen
There's no point talking about the latest loony bin tax plan grab from the Greens because it's not going to become anything more than a word doc on their website. It's not going to happen.
An inheritance tax is about the cruellest thing a state can impose on a grieving family. 33% when mum or dad dies. You've got to then take out a loan from the bank, congratulations bank and pay the government. Or sell the shares or property or whatever. Then pay the state. Congratulations state.
The idea is that somehow, this act of forced goodwill, taxing assets your family's worked hard to acquire, using…
The skinny
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