Every election cycle produces its share of political fantasy, but Labour’s 2026 offering is something else entirely: a fiscal plan seemingly powered not by numbers, economics, or reality, but by the gaseous emissions of mythical creatures. According to Labour’s own documents, they’ve conceded their policies require $12 billion more in spending, while their so‑called Simple Capital Gains Tax, a rebrand of taxing inflation, is so transparent it’s almost endearing, will raise barely a tenth of that.
