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Capital Gains Tax is "certainly not off the table" for Labour

Author
Newstalk ZB,
Publish Date
Wed, 25 Sep 2024, 11:37am
Photo / File
Photo / File

Capital Gains Tax is "certainly not off the table" for Labour

Author
Newstalk ZB,
Publish Date
Wed, 25 Sep 2024, 11:37am

Labour still isn't ruling a capital gains tax in or out, following comments from the boss of our biggest bank. 

ANZ CEO Antonia Watson says while she isn't jumping for joy about the prospect of a capital gains tax, the time has come to for a tax on realised gains. 

Labour's Carmel Sepuloni told John MacDonald that Watson is just another example, of a prominent figure who's now open to the idea. 

She says she Labour hasn't made any decision either way but is reviewing its progressive tax policy. 

The Deputy Labour Leader joined John MacDonald for a chat in place of Chris Hipkins, talking about Andrew Coster’s change in jobs, abusing public transport workers becoming an aggravating factor, and the potential for a capital gains tax. 

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