This is edition 2024/165 of the Ten@10 newsletter.
Welcome to the Ten@10, where I collate and summarise ten news items you generally won't see in the mainstream media.
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1. JDo housing assets cause a conflict of interest for wealthy politicians?
Bryce Edwards
- 💰 Prime Minister Christopher Luxon sold two houses, making $460,000 in capital gains.
- 🏠 Both Luxon and Jacinda Ardern avoided paying tax on their property windfalls.
- 🏛️ Concerns arise about conflicts of interest in housing and tax policies due to politicians' profits.
- 🏠 Luxon opposes a capital gains tax despite substantial personal property gains.
- 💬 Luxon defends his actions, arguing against taxes on property sales and justifying his wealth.
