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Latest Canterbury news at starnews.co.nz Thursday <strong>October</strong> 7 <strong>2021</strong> <strong>The</strong> <strong>Star</strong> OPINION 19 NZ treated as ‘tax haven for the rich’ •From page 17 On Monday, the Government announced the beginning of the end in their commitment to the elimination strategy. Delta had officially shifted from an immediate emergency to one “playing out in slow motion, with less bang, more data and trends, out-of-sight-outof-mind, impacting particularly those without platform or power.” Official data shows that more than 80 per cent of cases are Māori and Pasifika, the same demographics that medical professionals have critiqued the Government’s response for and to. Supporters argued that “the economy” couldn’t sustain elimination anymore. I ask those people to reflect on exactly what they think the economy is. <strong>The</strong> economy is all of us and the things we produce. It’s the stuff we exchange. While Members of Parliament point to GDP figures as the source of truth, I ask they reflect on the words of the economist who invented the measure, Simon Kuznets. He warned of GDP’s shortcomings in measuring “welfare,” or the distribution, value and incalculable costs of those transactions. STRUGGLE: Chloe Swarbrick says a strong public health response requires a strong economic response to ensure everyone has what they need to stay the course. PHOTO: GETTY IMAGES A strong public health response to anything – Covid, climate, housing, mental health, drugs – requires a strong, equitable economic response to ensure everyone has what they need to stay the course. <strong>The</strong> Government’s endorsement of unconventional monetary policy and a lack of intervention in fiscal policy has seen house prices supercharged under Covid to more than $1 million average across the entire country. <strong>The</strong>re are hundreds of thousands of dollars in unearned capital gain on every single individual property that could have paid for “staying the course” through a tax on those •Share your views on Swarbrick’s column. Email barry@starmedia.kiwi Keep responses to 200 words or less gains. Or we could reflect on the Pandora Papers. <strong>The</strong>y confirmed what we already know, and have known, since at least 2016’s Panama Papers. Aotearoa New Zealand is treated, internationally, as a tax haven for the rich and powerful. At the end of last year, as we debated incremental changes to the far-reaches of our tax system, then-National Party spokesperson on finance, Andrew Bayley, said the quiet part out loud: “<strong>The</strong>re is such a thing as legitimate tax avoidance.” He was speaking to how we create rules that enable powerful and wealthy people to shirt their resources around into places and spaces that mean they don’t end up contributing to the society that they extracted that wealth from. Don’t hate the player, hate the game. We don’t live in a game of Monopoly. We can and should change the rules when they don’t work for the majority of us. – NZ Herald Claim Southern Response compensation now Deadline to opt out of the Ross Class Action: 20 December <strong>2021</strong> If you are one of 3,000 Southern Response earthquake claimants who settled before 1 <strong>October</strong> 2014, you are likely to be entitled to compensation. <strong>The</strong> average compensation is approximately $100,000. Anthony Harper has set up a dedicated website to provide access to independent legal advice on your compensation, and importantly, how to opt out of the Ross Class Action before the court-appointed deadline of 20 December <strong>2021</strong>. Fixed fee of $2500 + GST for legal advice, of which Southern Response reimburses $2000. Apply online at www.SouthernResponsePayment.co.nz <strong>The</strong> website is provided by Anthony Harper. Anthony Harper is not part of the Ross Class Action. Further information about Anthony Harper can be found at www.anthonyharper.co.nz