Opportunity Says Land Tax Won't Force Farm Asset Sales
Opportunity says its land value tax (LVT) is unlikely to force farmers into a position where asset sales or increased debt are required.
It's way too early to panic and polls this far our are usually a 'protest' of sorts, with punters showing frustration rather than actual voting intent.
However, there are three good reasons to worry if the trend sets in: Labour, Greens and Te Pati Māori.
For instance, the policy lunacy the Greens are touting - to triple the government debt threshold to 60% of GDP, described by them as "carefully calibrated radicalism" - makes the Grant Robertson and Jacinda Ardern six-year lolly scramble seem fiscally conservative by comparison.
The Greens go as far as to describe fiscal restraint as "outdated 'orthodoxy' rooted in the 1980s".
