What are the ‘9 new taxes'?

Summarised by Centrist

National’s “nine new taxes from Labour and their mates” slogan combines policies from Labour, the Greens, Te Pāti Māori and Opportunity. Stuff reports that the Advertising Standards Authority rejected billboard complaints because the claim referred to a coalition.

Here is what National counts:

Stuff calls Labour’s targeted CGT “the only tax the party is campaigning on”. Labour has also rejected the wealth and gift taxes.

National’s list omits other proposals, including company-tax increases and taxes on offshore profits, land-banking and vacant homes.

Editor’s note: Labour’s current tax exclusions offer no guarantee about a coalition’s final programme. Policies ruled out today could be accepted tomorrow as the price of securing partners, then presented as necessary to keep National out of government.

Read more at Stuff

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