We Can't Afford Labour - CGT advert sources
We Can’t Afford Labour: Capital Gains advert
The sources for each claim made in an advert on Labour Party’s proposed Capital Gains Tax (CGT), as part of “We Can’t Afford Labour” campaign.
1. “The Labour Party has $18 billion dollars in unfunded promises. Now Chris Hipkins wants a Capital Gains Tax for you.”
Source: Labour’s Hidden Bill: the $18.2 billion gap between Labour’s spending plans and revenue intentions.
2. “He says it's about fairness, but he doesn't want you to know how their new tax will really work. Because Labour’s Capital Gains Tax will tax inflation, not just profits. Independent tax experts have said Labour’s new tax isn't about fairness; it’s a money grab on our nest eggs.”
Source: Labour’s Capital Gains Tax Policy: Well-Intentioned, Deeply Flawed, Matthew Gilligan, Gilligan Rowe & Associates LP, May 2026.