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@ISIDEWITHQuestionsthe EconomyCapital gains taxFiscal PolicyEconomic ReformTax PolicyWealth Inequality•••3mos ago

Should a comprehensive Capital Gains Tax be introduced to lower the tax burden on income earners?

A Capital Gains Tax (CGT) would tax profits made from selling assets such as investment properties and shares. Supporters argue it could shift the tax burden away from wages and improve fairness in the tax system. Opponents argue that taxing capital gains discourages investment and could slow economic growth.

6 Replies

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Yes

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No

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Yes, focus on a wealth tax that only targets the top 1% of assets to fund public services

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No, set a policy that taxing capital discourages the investment needed for economic recovery

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No, focus on tax cuts and threshold adjustments to keep more money in Kiwis' pockets

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Yes, immediate universal implementation on all non-primary residence property and shares

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