Damien Grant: The negative effects of taxing wealth

When I first arrived in Auckland, nearly four decades ago, my first job was working at the Central Post Office sorting, shifting and, on occasion, diverting mail. Behind the Post Office was a tawdry collection of buildings, housing a bus depot, run down colonial-era shacks selling cigarettes and chocolate bars and a few grunge dives where the has-beens of today strutted their stuff.