brief discussion about tax<\/a>\u00a0during the caucus meeting this morning.<\/p>\n“I have also been clear with the caucus – we lost, therefore we start again, and that means everything comes back onto the table – and that includes a discussion around tax.<\/p>\n
“In 2026, our tax policy could look quite different to our 2023 tax policy.”<\/p>\n
Hipkins said he was clear he was only setting Labour’s tax policy for the next term of government, and any changes would only be after a mandate was sought, but Labour lost – so now everything was back on the table.<\/p>\n
“We need to take stock, we need to go back, we need to refresh. I don’t think that tax was the one issue that defined the outcome of this election, I think there were a range of issues.”<\/p>\n
Hipkins refused to say that his failure to rule out a wealth tax was a mistake.<\/p>\n
But Labour needed time to reflect on the election result before announcing its policy priorities for the 2026 election campaign, he said.<\/p>\n
rnz<\/p>\n","protected":false},"excerpt":{"rendered":"
A capital gains and wealth tax are back on the table for the Labour Party. Earlier this year, leader Chris Hipkins ruled out introducing the policies, saying under a government he led there would be no wealth or capital gains tax after the election. The decision frustrated some in Labour’s caucus, with David Parker, who […]<\/p>\n","protected":false},"author":6,"featured_media":8348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222,174],"tags":[],"class_list":["post-8347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-nz-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/8347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8347"}],"version-history":[{"count":1,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/8347\/revisions"}],"predecessor-version":[{"id":8349,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/8347\/revisions\/8349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=\/wp\/v2\/media\/8348"}],"wp:attachment":[{"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebuzz.apnanetwork.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}