CGT unpopular
A Reid Research poll commissioned by Business NZ has found:
- Only 23% think CGT should be a priority for the Government and 65% say should not be a priority
- 48% say CGT debate has harmed the Government, with only 33% disagreeing
- Only 32% support a CGT on business and farms with 54% opposed
- 39% support a CGT on property (excluding family home) profits with 50% opposed
- Only 4% support a CGT on KiwiSaver earnings with 90% opposed
- Only 19% support a CGT on shares with 69% opposed
- 25% said a CGT would change how they vote at the next election
Will the Government listen?