Labour leaked capital gains tax policy is more of the “long snooze”
Alliance spokesperson Tom Roud says Labour’s plan is a weak and compromised effort that continues the “long snooze of Chris Hipkins.”
The Alliance Party says the Labour Party’s leaked capital gains tax (CGT) policy fails to address Aotearoa New Zealand’s profound inequality and infrastructure crisis.
He says New Zealanders are crying out for bold leadership and alternatives to the disastrous recession created by the ACT-dominated Luxon Government.
“Jacinda Ardern and Chris Hipkins both undermined tax reform, and after years of wasted time we are now underwhelmed by this policy.”
The Labour CGT policy will not remotely generate the revenue to restore quality public services and national infrastructure, he says.
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