Latest / The Kākā by Bernard Hickey
Wednesday's Chorus: A small & hazy target
Briefly in the news in Aotearoa’s political economy around housing, poverty and climate on Wednesday, October 29:
* Labour’s targeted plan for a Capital Gains Tax (CGT) to pay for three free doctor’s visits was described by political commentators yesterday as a low-target tactic that might neutralise opposition by offsetting the negative of a new tax with the positive of a new health benefit.
* However, tax lawyers, accountants and landlords wanted detail on key areas such as whether interest deductibility would be removed again as an offset to capital gains, whether live-in commercial…
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