John MacDonald: Will they, won't they? Labour's capital gains tax decision
I reckon former Labour Party leader David Cunliffe might have just done the best sell job on a capital gains tax that any politician in New Zealand —or anyone for that matter— has ever managed to do.
It might have something to do with the fact that taxes —of any sort— get people rather fired up, and a lot of people are anti-capital gains tax. In my experience, even people who say they’re on the left side politically hate the idea of paying more tax than they are already.
But I’ll tell you what, I reckon they’ll be feeling differently after comments from David Cunliffe.
He was talking on…
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