00:00:00
If I'm correct in saying it's likely
00:00:01
Labour will bring in a capital gains tax
00:00:03
in the next election. So do you think a
00:00:05
capital gains tax would be a good thing
00:00:07
for New Zealand?
00:00:08
>> Oh you that's a that's a tough question
00:00:10
that one. We have not released our
00:00:12
policy yet Henry.
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>> Well what about you personally? Do you
00:00:15
think that a capital gains tax will
00:00:17
begin?
00:00:17
>> Sound Jack T. I am a supporter of a of a
00:00:21
fairer tax system and I'll be putting
00:00:23
that view over the next few weeks. Would
00:00:25
you think it would get a bit complicated
00:00:26
cuz a lot of people on the right say
00:00:28
capital gains tax would complicate the
00:00:30
tax system.
00:00:30
>> Well, that's what they will always say,
00:00:31
but our job will be to make it simple
00:00:34
and easy for the country to understand
00:00:37
because you know they're running out of
00:00:38
ammunition. The right, you see. So, so
00:00:40
that you know what they're doing. Oh,
00:00:42
they're going to bring in a capital
00:00:43
gains tax. Oh, that marry party, they're
00:00:45
all they're all maniacs. They're like
00:00:47
terrorists, right?
00:00:49
Chloe Swick in an interview said
00:00:51
something like, "With a capital gains
00:00:53
tax, we're going to end poverty and
00:00:54
shrink wealth gaps." Which ending
00:00:56
poverty with a tax is not that
00:00:58
realistic. But if we were being a bit
00:01:00
realistic, what would you hope to
00:01:01
achieve if you brought in a capital
00:01:03
gains tax?
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>> Oh, you I think it Well, you're very
00:01:06
cunning today. We're back on capital
00:01:08
gains again. I've already told you.
00:01:10
>> This last one, Henry, Henry, you really
00:01:14
really That just about got me there.
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>> How did he do, Willie, Jackson? Very
00:01:18
good. Nine out of 10. Only you. I would
00:01:20
have given you 10, but you irritated me.
00:01:21
You kept You kept coming back to that
00:01:23
capital game.
00:01:24
>> There's always room for improvement.