News
Capital gains tax would distort market further, says Reserve Bank
Wednesday 24th of August 2011
What is more, the Reserve Bank makes it clear, in its submission to the Productivity Commission’s housing productivity inquiry, that it has "never taken a stance on the general merits or otherwise of capital gains taxes."
Labour Party finance spokesman David Cunliffe has, in press releases and speeches boosting his party's capital gains tax, often claimed the Reserve Bank, along w...
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