"Chlöe Swarbrick says tax reform is needed in NZ. She says that adopting a capital gains tax is just "basic economic sense."  I wonder which books in economics she is reading? Das Kapital..."

"Chlöe Swarbrick ... says that adopting a capital gains tax is just 'basic economic sense.' I wonder which books in economics she is reading? 'Das Kapital' by Karl Marx? ...
    "[P]roductivity is particularly weak in NZ? [Why?] Because we are a 'capital shallow' economy ... Poor countries have lots of labour and little capital, which leads to low wages, whereas in rich countries it's the other way around. At present, NZ is driving up labour with record-breaking immigration — whilst GDP per capita, and productivity, are plummeting. So what is Swarbrick's mind-bogglingly contradictory intervention into the tax debate? That in order to improve our prosperity, it's 'basic economic sense' to tax capital more. Since when did you get more of something by taxing the pants off it?

    "The Green Party under Swarbrick has a new way to achieve its Net Zero carbon goal - its by aiming for Zero Capital and a Zero-Sized Economy."

~ Dr Robert MacCulloch from his post 'Chlöe Swarbrick says capital taxes are "basic economic sense", which goes to show she doesn't have any'

Congress claims to have targeted TikTok because China's government allegedly uses it to spy on Americans. Besides dealing with a nonexistent threat, the bill gives the federal government vast new powers to misuse.