Politics

Hipkins rules out further tax rises beyond capital gains tax but stays silent on property tax

Labour leader Chris Hipkins says a capital gains tax is the only new tax Labour will introduce if elected, but won't clarify the party's stance on a controversial property tax.

Skinny McBuntu

Labour leader Chris Hipkins has pledged that a capital gains tax will be the only new tax his party introduces if elected on 7 November. However, Hipkins has not addressed whether Labour plans to revive a controversial property tax policy. The clarification comes as Labour campaigns ahead of the election.

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Newstalk ZB

Election 2026: Chris Hipkins says capital gains tax is Labour’s only tax – but is he staying quiet on another increase?

Chris Hipkins claims the Labour Party will only introduce a capital gains tax and no other taxes if elected on November 7 but continues to stay quiet on whether his party will bring back a controversial property tax policy.

Read the full story at Newstalk ZB