Tax Justice Aotearoa statement on CGT announcement
Tax Justice Aotearoa New Zealand is deeply disappointed that the coalition Government has not moved on capital gains tax and has failed to take up the challenge.
We are also disappointed at how little effort was made, if any, to seek or build a wider mandate for taking this once in a generation opportunity.
Tax Justice Aotearoa New Zealand will continue to advocate for better taxation of wealth in this country, given its validity as a known way to tackle wealth inequality is so widely accepted.
We will take time now to review the measures that were promised today for making inroads towards a fairer tax system, and other strategies.