Stephen Knight

And it's one of the probably the biggest criticisms of a capital gains tax internationally.

There was one US study that estimated that it reduced investment efficiency significantly because the money, the wealth doesn't go to where it's most productive.

You decide you're not going to sell a business that you started to invest in something else.

You decide not to sell your goal or your rental or whatever it happens to be to put it in to where you could get a higher return because you're trying to avoid the tax.

And so it actually just makes the economy much less efficient.

But one of the questions I want to know from you guys watching on YouTube and the podcast is, well, who do you think made the better case?

Now, if you think Andrew won, comment down in the Spotify comments or the YouTube comments, Andrew won.

If you think Ed won and you don't want a capital gains tax,

Oh, you were sneaky before.

But if you don't like capital gains taxes, no, if you think that I want...

comment, hit one, and we'll see where the community lands.

And over the last 15 minutes, you've learned should New Zealand have a capital gains tax, the three strongest arguments for a CGT in New Zealand and the three strongest arguments against one.

Right, let's wrap it up there, but please don't forget to rate, review, and subscribe to the podcast.

It really does help us get the message out to more people.

Thanks for listening to the Property Academy podcast.

I'm your host, Stephen Knight.

We're going to be back again tomorrow with even more daily strategies, tactics, and insights to help you get the most out of using the property market.

Until next time.

Hello and welcome along to the Property Academy podcast by Opus Partners.

I'm your host, Stephen Knight.