Taxcinda to strike again

Politik reports:

NZ First Leader Winston Peters is ready to throw a spanner into the works if Labour forms the Government and wants to introduce a capital gains tax.

The possibility that they might became more explicit over the weekend with two interviews with Phil Twyford and Grant Robertson in which both refused to rule out a capital gains tax — and Robertson went further suggesting the party’s position had changed with the recent leadership change.

Another new tax for Taxcinda. More new taxes than weeks she has been leader.

Now I’d support a comprehensive CGT if in return existing income and corporate taxes were cut to compensate. But don’t for a second think that Labour would do this. It will just be additional taxes on top of existing ones.