Professor Robert MacCulloch: The NZ Herald & Radio NZ Misled the Nation.....

The NZ Herald & Radio NZ Misled the Nation by asserting "65% of Kiwis Support Capital Gains Tax". The survey they used shows around 90% oppose it.

The Herald & Radio NZ owe the nation an apology. Their reporting has hit new lows. No wonder people don't trust the Main Stream Media. Yesterday they reported on their front pages, "Labour closing in on National in latest Ipsos issues poll, with 65% support for capital gains tax". At best its a misleading headline; at worst its a blatant untruth.

Peter Williams: CGT is just an Envy Tax

As the Labour Party and other whingers of the left try their best to excite their mainstream media mates about why this country needs a Capital Gains Tax (CGT) perhaps it’s timely to remind the lefties about just who pays the most income tax in this country already.

Before that though, a quick glance at the Crown Accounts for 2023/24 FY published on October 10th. What they comprehensively show is that the country is living beyond its means.

Government income was $167.3 billion. It spent $180.1 billion.

Peter Dunne: Labour's tax policy

Over recent elections, tax policy has proven to be Labour’s Achilles Heel.

Its coyness on tax in the 2011 campaign led to John Key’s famous “Show me the money, Phil” retort to leader Phil Goff on Labour’s spending plans. When Goff could not answer satisfactorily, Labour’s campaign was sunk amidst a public suspicion of new taxes looming to pay for Labour’s policies. So, in 2014 Labour resolved to be more specific, explicitly promising to introduce a capital gains tax. But that did not work either and Labour was again heavily rejected by voters.

Mike's Minute: Surely the clock is ticking for Chris Hipkins

You can see how the rumblings around the future of Chris Hipkins as Labour Leader have started.

They have added to their problems this week with the social media post from David Parker wittering on about his tax dream. The old Capital Gains Tax, get all those rich bastards lined up and raid their pockets.

It's a sorry old state they find themselves in.

Peter Wilson: Week in Politics - Hipkins makes a captain's call as Labour slides in the polls

Prime Minister Chris Hipkins' decision to rule out a capital gains tax or a wealth tax if Labour wins the election seemed to take everyone by surprise this week.

He was in the Lithuanian capital of Vilnius, attending the NATO summit, when he made what he confirmed was a captain's call.