Brad Olsen: Infometrics Principal Economist talks Capital Gains Taxes and their impact

Labour has made it clear that should they return to power in the next election, they plan to take a look at a Capital Gains Tax in some capacity.  CGT is a tax on the profits made from the sale of a non-inventory asset such as stocks, bonds, real estate, and property.  Brad Olsen, Principal Economist at Infometrics, joined Simon Barnett and James Daniels to break down how such a tax would actually impact Kiwis, and whether it would make a material difference to the country’s finances.  LISTEN ABOVE See omnystudio.com/listener for privacy information.