If you vote for Labour you’ll get the Greens capital gains tax

A vote for Labour is a vote for the Greens insistence of a capital gains tax.

Labour wants one too, but they are still trying to hide that.

The Greens would want a capital gains tax introduced in the first term, if they went into coalition with Labour, leader James Shaw says.

Labour’s leader Jacinda Ardern has said its tax working group would look into a capital gains tax and if it recommended one, it would not take effect until after the 2020 election.


However, Green Party leader James Shaw told TVNZ’s Q+A that a capital gains tax would be a priority in any coalition negotiations with Labour.

“There are a couple of things that I think we would like to push them on. One is a capital gains tax excluding the family home because we do have a real sense of urgency about the housing crisis.”

But Ms Ardern said her timeline would not change.

“I’ve made my process very very clear and it’s non-negotiable. We will undertake the work that we have set out as part of our tax working group.

“We will settle on solutions but they will not take effect until the 2021 tax year – if there are any changes at all. I’m sticking with that programme.”

And New Zealand First leader Winston Peters has said a capital gains tax would be “off the table” in any coalition discussions with his party.

Jacinda Ardern can’t make any promise that her timeline wouldn’t change.

It has already changed twice.

If the Greens insist as the price for government then you will get a capital gains tax faster than a socialist can dream up new taxes.

National has picked up on this with their new attack ad:

 

-RadioNZ

 


THANK YOU for being a subscriber. Because of you Whaleoil is going from strength to strength. It is a little known fact that Whaleoil subscribers are better in bed, good looking and highly intelligent. Sometimes all at once! Please Click Here Now to subscribe to an ad-free Whaleoil.

25%