this is a complicated question

yes we need one but there has to be a high thresh hold. kiwis already get taxed a lot and have low wages, and everything is expensive! we cant have a capital gains tax that prohibit hard working people from climbing up the ladder. but if you are already excessively wealthy, or a property investor etc then yes. i dont trust this labour government to do it. it has to be target for the very wealthy, corporations etc. but not on assets that arent generating money. you might own something expensive that doesnt generate money and now you have to pay a tax on it. there needs to be rigorous public debate