The cult of reasonableness
Labour’s capital gains tax isn’t the end of the debate — it’s the beginning of a reckoning. The left’s real problem isn’t its policy. It’s the cult of reasonableness that’s made conviction sound impolite.
cgt
Whanganui MP Carl Bates shielded 25 rentals from disclosure
Bates set up a family trust after the election, presumably to hide his rentals from disclosure.
NZ election 2020: Labour win is a watershed moment in the country’s history
The 2020 election was more than just a victory for Labour and more than a crushing defeat for the National Party (New Zealand’s main centre-right political party). This result marks a significant watershed in New Zealand politics which will likely have implications long after this parliamentary term.
CGT Dumped
The Government has announced that there will be no Capital Gains Tax. It’s a shame, but it’s good politics.
Ardern cautious on capital gains tax
Jacinda Ardern will not campaign on a capital gains tax, but will seek advice and will not rule it out in a first term. The Nats have introduced a week form of CGT already. A more robust version needs serious consideration.
Rushed policy is bad policy
National’s policy opens the door to more effective capital gains tax, thus irritating investors and their base, while probably not achieving anything in practice. The worst of both worlds. Bonus question – does this policy effectively underwrite losses when the property bubble bursts? Plus another bonus John Key lie!
CGT: the focus groups made Key do it
According to John Key the proposed tax on capital gains if a property is sold within two years of purchase is not a capital gains tax, there is no housing bubble in Auckland, and the proposed new tax does not represent a complete about face by the Government.
Leadership Election: Candidates Start Painting Themselves Into Corners
InsideOut has a look at the current state of the labour leadership campaigns. Predictably they plump down on the side of a particular candidate. But they do point to various issues with all of the campaigns.
