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Chris Hipkins: Capital gains tax has become essential

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The Labour Party has started a discussion around a potential capital gains tax.

Leader of the Opposition Chris Hipkins had campaigned against the tax in the 2023 election, but has since changed his mind. 

Hipkins told Tim Beveridge on The Weekend Collective that there are several ways of implementing a capital gains tax, including potentially taxing increased value on a home without it being sold. 

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