When asked by Herald Now this morning, Chris Hipkins repeatedly refused to rule out expanding his Capital Gains Tax, after telling New Zealanders last year that the CGT he announced would be the same CGT he would take to the election.
Adding to that, this week Labour is set to signal its willingness to share power with the most radical iteration of the Green Party ever, opening the door to the $88.8 billion of extra taxes the Greens are promising to introduce on top of Labour's CGT.
"Labour's cornerstone policy is to hike taxes on Kiwis just as the economy truly starts to recover after the last time Labour wrecked it, punishing people who do the right thing by saving and investing. By refusing to rule out expanding his CGT, Chris Hipkins is proving the point that you can't trust Labour on tax," National's Finance Spokesperson Nicola Willis says.
"As predicted, Labour's plans to increase taxes are set to grow as their billions in uncontrolled spending promises fail to add up.
"Paired with Labour signalling they will share power with the most radical high-taxing Green Party ever, it's clear that a vote for Labour is a vote for sweeping tax increases.
"At his media standup with the Greens today, Chris Hipkins must rule out expanding his CGT and the Greens' inheritance tax, wealth tax and increases to company tax, personal income tax and mining taxes.
"Anything short of agreement with him from the Greens today will make clear that everything is on the table under a Labour-Greens power-sharing agreement.
"The current Green Party is no longer the party of James Shaw. It is a party of radical tax increases, activism and chaos. What Labour and the Greens agree on is that when they run out of money, they will always come after yours."
