Despite the bitter disappointment of those who backed capital gains tax for a win, it’s not the only horse in the wealth tax race. Max Rashbrooke studies the form guide. If the capital gains tax were a horse, Jacinda Ardern’s announcement earlier this month was the final nobbling of an equine that, despite praise from … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Heavy fallout from axing of capital gains tax, cost blowout for City Rail Link, and wrongly evicted Housing NZ tenants to get debt wiped. PM Jacinda Ardern has ruled out a capital gains tax. Not only now, mind you, she’s ruled out Labour ever campaigning on it … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Tax Working Group puts environment taxes on the agenda, social worker registration bill questioned, and DHBs bleeding red ink. Sound the clickbait klaxon, because today’s Bulletin is all about tax policy. We’ll get to everyone’s favourite political football – the Capital Gains Tax – a bit further … Read more
Simon Bridges said the Government Tax Working Group’s call for a capital gains tax was an ‘assault on the Kiwi way of life’. That betrays a very depressing and limited view of the Kiwi way of life, says Hayden Donnell. The ink had barely dried on the Tax Working Group report and Simon Bridges was … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Government gets timely economic figures boost, Whaitiri’s ministerial career is over, and tax working group hedges bets on capital gains. Sometimes the news just comes at you fast, and yesterday was one of those days. For the government, some of it was the best of times, and … Read more
The Tax Working Group’s first report cautiously backs a capital gains tax, but has been stymied from the start in addressing a massive and inequitable loophole, writes Danyl Mclauchlan The government’s Tax Working Group, led by former deputy prime minister and finance minister Michael Cullen, released its interim report today. What does it say? Depends … Read more
From day one, Clark’s government was confronted by a revolt from the NZ business world that came to be known as the ‘winter of discontent’. There is a similar chill in the air now, writes Branko Marcetic No matter what Jacinda Ardern does, she can’t quite seem to win over the business world. Since last … Read more
The former deputy prime minister and chair of Labour’s tax working group talks to Duncan Greive about housing, tax, Bill English and Labour’s big 2017 campaign mistake. Whatever room he’s in, Sir Michael Cullen gravitates toward the centre. This is less about his gravitas, which remains strong nearly a decade after he left parliament, but … Read more