Latest / Early Edition with Ryan Bridge / Ryan Bridge: A warning for Chris Hipkins

Transcript

Ryan Bridge: A warning for Chris Hipkins · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: A warning for Hipkins as he plots higher taxes for
• 0:03
  Speaker 1: Kiwi businesses, for investors, for savers. Who really knows it
• 0:06
  Speaker 1: comes from across the ditch Albinezi, if you've been following,
• 0:09
  Speaker 1: having problems getting his super tax plan across the line
• 0:12
  Speaker 1: despite having a majority in Parliament. The opposition to it
• 0:15
  Speaker 1: comes not just from the usual suspects, but also former
• 0:18
  Speaker 1: Prime Minister labour store legend Paul Keating. Even the Unions
• 0:22
  Speaker 1: were crying boohoo about it, So he's had to u
• 0:25
  Speaker 1: turn and he's u turned on unrealized gains which have
• 0:28
  Speaker 1: always been a stupid thing to try and tax. How
• 0:30
  Speaker 1: can you pay tax on money you haven't earned? The
• 0:33
  Speaker 1: Greens want to do this, David Parker wanted to do
• 0:35
  Speaker 1: it to party, Mardy wants it, and Debbie said at
• 0:38
  Speaker 1: the weekend that she and Chippy are on the same
• 0:40
  Speaker 1: page when it comes to a wealth tax. Interesting, isn't it.
• 0:43
  Speaker 1: He denies this, but does anyone believe a guy who
• 0:46
  Speaker 1: won't tell you what he's really thinking or what he
• 0:48
  Speaker 1: really stands for until he rules something in or out.
• 0:51
  Speaker 1: He looks like a guy plotting in secret. He and
• 0:54
  Speaker 1: Barbara squirreled away with an abacus in some office, quietly
• 0:58
  Speaker 1: conjuring up and inventive revenue streams, and we're left wondering
• 1:03
  Speaker 1: whose business, whose property, whose wealth is ripe for the picking.
• 1:08
  Speaker 1: The warning from Australia is pretty night and day if
• 1:10
  Speaker 1: you're going to tax something, and that's a big if
• 1:13
  Speaker 1: here at home. But if you're going to do it,
• 1:15
  Speaker 1: you'd better make sure it's a realized gain and not
• 1:18
  Speaker 1: a tax on imagenatory on paper earnings. For more from
• 1:22
  Speaker 1: Early Edition with Ryan Bridge, listen live to News Talks
• 1:25
  Speaker 1: at B from five am weekdays, or follow the podcast
• 1:28
  Speaker 1: on iHeartRadio