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Labour’s Tax Promise Under Scrutiny | Auckland News
Chris Hipkins promises Labour will only introduce a capital gains tax — no other new taxes — but leaves the door open on a key landlord policy. While Labour criticizes the current government’s interest-deduction perk for landlords as a “tax cut,” Hipkins hasn’t confirmed whether Labour will reinstate full restrictions — or even consider a 50% cap. National’s Nicola Willis warns this could be a stealth tax hike, while Labour insists it won’t adopt coalition partners’ policies — even as it navigates the tricky case of “accidental landlords” renting out homes under market pressure. Listen in…
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