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Labour to campaign on capital gains tax, no wealth tax
Labour plans a 28% capital gains tax on property sales to fund three free GP visits nationwide through a new Medicard healthcare scheme starting in 2027.
Summary by Otago Daily Times
2 Articles
2 Articles
Long live the Tax Working Group
Analysis: Just in time for Halloween, Wellington witnessed a resurrection on Tuesday as Labour announced it would campaign next year on a capital gains tax, borrowing key elements from the then-unheeded recommendations of the 2019 Tax Working Group report. When Jacinda Ardern and Grant Robertson first brought the Tax Working Group to life in 2017, it was with the hope that transformative reform for the tax system was in sight. Instead, the natio…
·Auckland, New Zealand
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Labour to campaign on capital gains tax, no wealth tax
Labour leader Chris Hipkins. Photo: RNZ By Craig McCulloch of RNZ Labour has agreed to campaign on a capital gains tax (CGT) covering just property - excluding the family home and farms - to help fund three free doctor visits for everyone.
·Otago, New Zealand
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Total News Sources2
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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