Should NZ Have a Capital Gains Tax?⎟Ep. 2447
Should New Zealand introduce a capital gains tax… or would it do more harm than good?
In this episode, Ed and Andrew go head-to-head on one of the biggest issues heading into the 2026 election – laying out the strongest arguments for and against a comprehensive CGT. You’ll learn:
- The case for a CGT – including whether it could fund lower income taxes
- The case against – from reduced investment to the “lock-in effect”
- Why New Zealand is an outlier compared to most OECD countries
Main idea? This isn’t a simple yes-or-no policy. A capital gains tax changes behaviour, incentives, and how wealth is created. The real question isn’t just “is it fair?” It’s what kind of economy New Zealand wants to build.
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