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The Taxpayers’ Union will fight any unfair CGT

The Taxpayers’ Union will fight any capital gains tax announced tomorrow afternoon with all it's got, says Jordan Williams, the lobby group’s Executive Director.

“Yesterday we delivered 4,500 messages from our supporters to the Prime Minister telling her and Winston Peters to ‘Axe this Tax’. If they fail to listen, we’ll only be stepping up the campaign.”

"Even a watered-down proposal must be defeated if it fails to meet the five criteria for fairness we laid out in February."

“We fully expect the CGT announcement to follow a conference call the Prime Minister has called with the Labour Party caucus at midday tomorrow.”

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