National Party leader Simon Bridges believes he has the scoop on the Government’s capital gains tax plans, saying a proposal is going to Cabinet to dial the tax back to an additional tax on property investments.
“The Government will take its decision to Cabinet [on Monday] for sign off. The Government will now only accept the ‘minority report’ which will mean a capital gains tax on rental properties,” he said.
The statements were based on “multiple very good sources”, a spokeswoman for Bridges said.
A spokesman for Finance Minister Grant Robertson did not confirm Bridges’ information, saying only that “as previously stated the Government will respond to the Tax Working Group’s recommendations in April”.
The minority report to which Bridges…