Capital gains taxes: misinterpreting the mandarins
John Key says he wouldn't introduce a capital gains tax without a mandate - and says Auckland houses aren't over-valued anyway.
To hear more from Rob Hosking on a capital gains tax, tune into NBR Radio, and on-demand on MyNBR Radio
Rob Hosking Tue, 21 Apr 2015
The capital gains tax debate ignited by deputy Reserve Bank governor Grant Spencer last week has been notable for how his comments have been misinterpreted.
So, too, were the comments on the weekend by Treasury Secretary Gabriel Makhlouf.
Both these public sector mandarins have waded, somewhat
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