What ‘Jack and Jill’ can teach us about the (un)fairness of capital gains taxes
By Richard Meade* of
Inland Revenue is consulting the public on how to address long-term challenges like superannuation and healthcare funding and capital gains taxes have been put forward as one option.
Photo: AFP
Opinion - In New Zealand, capital gains tax debates spring up like zombies. Each time they get killed off, back to life they come.
New Zealand already has some types of capital gains taxes - such as the bright-line test (which taxes residential land bought and sold within two years) and taxes on other various activities. So the debate is more about expanding taxes on capital gains, rather than introducing a new tax.
ANZ's chief executive Antonia Watson triggered the latest furore this week when she argued since people invest in housing for the purpose of...









