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Capital gains tax debacle destroys Labour’s credibility

Matthew Hooton
Sat, 06 Sep 2014

OPINION

In theory, I support a capital gains tax (CGT).

In New Zealand, we overtax good things like work, profits, dividends and interest on our savings. It’s anomalous that unearned capital gains are tax-free (as long as we can convince the taxman that we really, truly didn’t mean to

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Matthew Hooton
Sat, 06 Sep 2014
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Capital gains tax debacle destroys Labour’s credibility
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