The Herald reports:
Meanwhile, Green Party co-leader Marama Davidson has gone further than her party’s policy on a capital gains tax, saying she was open to a debate on whether it should apply to the family home.
There really is no end to what the left want to tax.
People should think about the next election. Even if NZ First stop some aspects of the proposed CGT for now, you may have a Labour/Green Government after the election. Then all bets are off and they may be coming for your family home.
Prime Minister Jacinda Ardern will not commit to returning revenue raised through a capital gains tax through tax cuts, despite the Government asking for options to do so from the Tax Working Group.
Speaking to reporters at the her weekly post-Cabinet press conference yesterday, Ardern was asked whether she was committed to making any capital gains tax revenue neutral.
So it is looking more and more like an old fashioned tax grab.