PHOTO: HAGEN HOPKINS/GETTY Jacinda Ardern’s been ruing her capital gains tax promise, and she showed leadership by cutting the thing adrift now.
OPINION: Forget about the capital gains tax backdown.
It was a big mistake Prime Minister Jacinda Ardern made early in her unexpected Labour Party leadership to promise there would be legislation this term to vote on. She’s been ruing it ever since and she showed leadership by cutting the thing adrift now.
The fact the decision was unexpected made it all the more impactful.
A fantasist might imagine Ardern looking coldly at her global celebrity and domestic popularity, then thinking about defending this dog of a policy and thinking: “not doing it”.
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