Ancestors

Written by Jane D.R. Fraser on 2025-01-29 at 22:58

If the government wants to encourage economic growth, there are several things that would be beneficial and would work. Placing a tax on capital gains to encourage increased productive investment. Restrictions of foreign investment to retain more value and improve the general economy. Government support for on-shore processing and manufacturing to capture more value from our renewable resources.

[#]NZPol

=> More informations about this toot | More toots from janef0421@mastodon.nz

Written by Jane D.R. Fraser on 2025-01-29 at 23:03

Increasing low-value tourism is not a good strategy, because the impacts usually outweigh the benefits, especially with the current inequitable distribution of tax revenue between local and central government. It is also unsustainable due to the environmental cost of flying.

It would be preferable to focus on high-quality, longer-stay tourism. It would be less taxing on resources for the income generated.

[#]NZPol

=> More informations about this toot | More toots from janef0421@mastodon.nz

Toot

Written by Jane D.R. Fraser on 2025-01-29 at 23:05

As for foreign investment and deregulation, it’s not worth considering. It results in unproductive value extraction.

[#]NZPol

=> More informations about this toot | More toots from janef0421@mastodon.nz

Descendants