PHOTO: Capital Gains Tax
New Zealanders do not want a capital gains tax (CGT) – not on their investment property, not on their farms or businesses, and definitely not on their KiwiSaver.
Newshub has been given exclusive access to a Reid-Research poll commissioned by Business New Zealand that shows an overwhelming majority of voters – 65 percent – don’t think a CGT should be a priority for the Government.
- Simon Bridges savages capital gains tax
- Tax Working Group recommends capital gains tax
- Pro-capital gains tax campaigners protest at Parliament
The poll found that just 22.8 percent think it should be a priority. And nearly half of voters – 47.8 percent – say the CGT debate has harmed the Government, while 33.1 percent say it hasn’t, and 19.2 percent don’t know.
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