More support for Labour policy – this time CGT

Support for Labour’s major economic policies continues to grow with a new poll showing 55 per cent of New Zealanders support a capital gains tax, says Labour’s Finance spokesperson David Parker.

“New Zealanders are extremely concerned about state of the economy and are looking for new solutions. That’s why 55 per cent see that a capital gains tax is a fair policy that encourages investment in jobs, exports and people rather than residential and commercial property speculation.

“Polls show there is strong support for Labour’s four major economic policies - a clear sign New Zealanders want a new way, a Labour way.

“Over 70 per cent of Kiwis endorse KiwiBuild – our policy to build 100,000 affordable homes in 10 years. Around 60 per cent of New Zealanders support both universal KiwiSaver and our prudent policy of steadily raising the retirement age to 67. And today it’s shown that 55 per cent support a capital gains tax.

“Kiwis know there are major problems facing our economy and want to fix them, that’s why they support Labour’s policies.

“On the economy Labour’s ideas are Kiwis’ ideas.”