Latest / The Kākā by Bernard Hickey
PM to downplay capital tax hole and instead signal post-flood austerity
This is a free preview of a paid episode. To hear more, visit thekaka.substack.com
TL;DR: PM Chris Hipkins is expected to squelch any revival of talk about a Capital Gains Tax when he gives a luncheon speech to business leaders in Auckland today. The speech will squash any momentum that might have built after yesterday’s stunning report revealing Aotearoa’s richest pay tax at a rate anywhere between a third and half the rate of middle-income earners.
Instead, Hipkins is reported to be preparing to reassure business leaders that the tax system status quo is safe and that the Government will…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.