Labour proposes capital gains tax to fund free GP visits

Labour offers new Medicard funded by new tax

Labour Party leader Chris Hipkins says the proposed targeted tax will “level the playing field” for businesses and fund tangible health benefits, including funding three free doctor’s visits a year all New Zealanders with a new Medicard. Photos supplied The Labour Party has unveiled plans for a new Medicard offering every New Zealander three free doctor visits a year, funded by a targeted capital gains tax on property sales’ profits. Under the p…

Labour to campaign on narrow capital gains tax, no wealth tax

The party has agreed to campaign on a capital gains tax covering just some property to help fund a limited number of free GP visits.

Labour proposes capital gains tax to fund free GP visits

Labour has revealed its plan for a targeted capital gains tax, explaining the money would be funnelled back into the health sector and give Kiwis three free...

Labour’s CGT Welcomed, But Described As ‘Unambitious’ – Tax Reform Advocates – Tax Justice Aotearoa

Tax Justice Aotearoa (TJA) and the Better Taxes for a Better Future Campaign have expressed their disappointment with the narrow Capital Gains Tax Labour announced this morning, describing it as ‘unambitious’ at a time that calls for more, but welcomed Labour’s commitment to a CGT. “Tax Justice Aotearoa and the Better Taxes campaign, along with numerous public opinion polls and expert commentators, have supported a CGT because it has the promise…

Labour locks in capital gains tax on investment property

A 28% tax on investment property transactions after 2027 will fund free GP visits