Labour’s tax plans

The Herald reports:

Labour’s revenue spokeswoman won’t say whether the party’s capital gains tax proposal goes far enough.

When asked repeatedly whether the party’s property-focused CGT went far enough, the furthest Deborah Russell would go was to say she was “very comfortable” with the policy.

She was asked six times to say whether it went far enough, but declined to say it did.

Russell yesterday faced criticism from National – who accused her of opening the door to more taxes should the party return to power.

Labour leader Chris Hipkins, meanwhile, hosed down suggestions the party was contemplating additional taxes.

Of course they are. They need the money. And they need the Greens and TPM to govern, both of whom want to tax everything that moves. The Greens have proposed $90 billion of extra taxes!!

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