Another epic Phil Goff failure

Another epic Phil Goff failure when asked about the detail of his new flagship tax policy…

Labour’s controversial proposal to introduce a capital gains tax – estimated to reap $26 billion over 15 years, principally from property sales – does not include any details of the crucial administrative costs involved.

Labour leader Phil Goff estimates the tax take in the first year, from 2013, will be $78 million and over 15 years $26 billion, but in an interview yesterday he acknowledged he had no costings on collecting and enforcing the wide-ranging tax regime, for either the first year or the 15-year period.

“The costs will be no higher than income tax is now,” he said, but agreed he did not know what that figure was at present either.

No wonder people have written them off, they forget simple stuff like this and expect the voters to think they can run the country.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.