Labour recently confirmed it aimed to campaign on the introduction of a capital gains tax on commercial and investment residential property.

Leader Chris Hipkins also claimed the money raised would be used to fund the health system, but questions have been raised over whether this proposal can work.

NZ Herald Wellington business editor Jenee Tibshraeny weighed up the idea, and whether Labour can be trusted to spend the money wisely.

LISTEN ABOVE

Labour recently confirmed it aimed to campaign on the introduction of a capital gains tax on commercial and investment residential property.
Leader Chris Hipkins also claimed the money raised would be used to fund the health system, but questions have been raised over whether this proposal can work.
NZ Herald Wellington business editor Jenee Tibshraeny weighed up the idea, and whether Labour can be trusted to spend the money wisely.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jenee Tibshraeny: NZ Herald Wellington business editor on whether the capital gains tax can work

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c089e31e-4aec-47ca-9399-b3850069cae8/transcript

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