The Institute for Democratic and Economic Analysis is a think tank devoted to fighting poverty and political exclusion. It launched a new report on capital gains taxes, including the one Labour has proposed, and invited me to be one of the discussants.
A centre-left think tank, a Wellington audience and a Labour tax policy sounded like a home game for the tax. And I was presumably cast to declare that a capital gains tax would wreck the economy.
However, the evening did not follow that script.
