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PM dismisses capital gains tax amid economic downturn

Author
Newstalk ZB,
Publish Date
Wed, 30 Oct 2024, 2:53pm

PM dismisses capital gains tax amid economic downturn

Author
Newstalk ZB,
Publish Date
Wed, 30 Oct 2024, 2:53pm

The Prime Minister is adamant that taxing New Zealand out of an economic downturn is not the way forward.

Discussions about introducing a capital gains tax have kept cropping up - and over 65 percent of Kiwis support the idea, according to new polls.

Despite this, Chris Luxon joined The Country's Jamie Mackay to explain why his Government won't be introducing the tax any time soon.

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