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The Times

Labour is talking about a wealth tax again – what are its options and what might work?

  • Written by Jonathan Barrett, Associate Professor in Commercial Law and Taxation, Te Herenga Waka — Victoria University of Wellington

Labour Party leader Chris Hipkins recently revealed the party is looking once again at its tax policy, including a possible wealth tax or a “capital income tax” (CIT).

This comes barely a year after the party ruled out a wealth tax or capital gains tax if they won the 2023 election.

So what changed? Former Revenue Minister David...

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