Capital Gains Tax

[fungus pudding]

We dont have stamp duty either, or inheritance tax. There musty be loads of taxes we don't have in NZ. Doesn't make introducing new one right.

There is only thing to consider. Does the current tax regime raise enough revenue to cover govt expenditure. If so then no change required.

From there you ask how efficiently you can raise those taxes and look for improvements (whole also trying to reduce govt expenditure)

I'd like to see income tax lowered and flattened and GST increased. There's a rainbow full of golden pots available from millions of tourists with an increase in GST.