Thomas Scrimgeour of the Maxim Institute joins Andrew Urquhart to unpack the various parties' election tax policies, from National's "no new taxes" pledge to Labour's proposed capital gains tax and the Greens' wealth tax ([www.maxim.org.nz](https://www.maxim.org.nz)).

Scrimgeour explains how Labour's capital gains tax, aimed at funding free GP visits, could hit homeowners with bills based on inflation rather than real gains, while the Greens' 2.5% wealth tax on assets over $10 million and The Opportunities Party's land-value tax mark a bigger shift in what New Zealand taxes. He cautions that National's "nine new taxes" framing overstates what would survive coalition negotiations, and warns that even a right-of-centre government could raise revenue through levies, congestion charging, or "fiscal drag" - as wage inflation pushes earners into higher tax brackets - meaning no voter is guaranteed lower tax after the election.

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