If only Nicola Willis was right and Labour has a list of secret taxes!
Nicola Willis thinks Labour has secret taxes. God, if only. NZ doesn’t need tax panic, it needs the rich to finally pay up.

Nicola Willis thinks Labour has secret taxes. God, if only. NZ doesn’t need tax panic, it needs the rich to finally pay up.

New Zealand’s tax system overwhelmingly protects wealth while workers carry the burden. Yet the political Left still seems terrified of making the moral and economic case for serious tax reform. That vacuum is becoming impossible to ignore.

We tax wages. We tax spending. But wealth? Not so much. The CTU says that imbalance can’t survive another election cycle.

New Zealand’s housing crisis continues despite falling prices. Here are progressive policy solutions that could improve affordability and reduce speculation.

The CTU backs Labour’s proposed Capital Gains Tax, saying it would fund healthcare and create a fairer tax system ahead of Election 2026.

The Alliance Party criticises Labour’s leaked Capital Gains Tax plan, calling for a wealth tax, FTT and full overhaul ahead of Election 2026.

Labour proposes a targeted capital gains tax to fund three free GP visits per year. Family homes exempt. Here’s what it means for Election 2026.
“…No ifs, no buts, no caveats, I will repeal this CGT as Prime Minister of New Zealand ” – a statement so categorical that it made John Key’s 2008 commitment never to raise GST, look timid;
“National is not going to be raising GST.National wants to cut taxes not raise taxes.”
Except, he did.
In October 2010, Key’s National government increased GST from 12.5% to 15%.
As property investors/speculators; assorted financiers; and their political-wing, the National Party, ramp up their opposition to a capital gains tax to a stridency approaching hysteria, current party leader, Simon Bridges, has used the mainstream media to push his highly propagandised (and highly emotive and misleading) messages;
Now is the time of the year when we send in requests to that mysterious red-garbed being at the north pole for ‘goodies’ of one sort or another. This is my belated wish-list of gifts. But not gifts for myself. These are gifts for the whole of New Zealand…