Chipkins does more back somersaults than a Romanian gymnast

Wealth Tax, Capital Gains Tax, so I guess a granny dying tax will be part of his next “floor exercise”.

Labour during their obsession with getting others to formulate policy due to their preoccupation with leadership challenges during the Nine years of non performance while waiting for John Key to have a heart attack, set up a “Tax Working Group under “you lost we won” History graduate, and guess what they came back with,
“not taxing Capital Gains is “Not Fair”
I mean someone works their arse off and saves to build capital from tax paid income it must be “Fair” to have a second gathering of tax from the accumulated wealth even if it has been “Invested in a growing wealth creation scheme employing people.
Of course anyone with a rudimentary understanding of economics knows that government policy will directly affect Inflationary pressures, another creation of wealth untaxed.

With the focus on polling to establish Policy That Woman became aware taxing wealth was a vote loser so she declared with CHipkins at her shoulder such a policy would not happen while she was Prime Minister.
Then she cut and ran leaving the Lying Ginga the only one with any desire to become Prime Minister and he immediately came under pressure to institute policies to send wealth offshore faster than an outgoing tide. He read the Polls and he too declared no wealth taxes while he was Prime Minister.
Sort of a recurring theme perhaps?

That Captains call did not save his miserable Ginger neck and he took Labour from Governing alone to an Electorate wipe out not seen for decades. Only avoiding the true magnitude of that defeat by resorting to the List
In 2020 Labour won 46 electorate seats largely in part by using their controls over voters by Covid response manipulations, three years later that was slashed to a mere 17 seats, and a couple of those with majorities of a handful of votes.

Then facing a socialist revolt in hanging on to his Opposition leaders job that pays as well as a Cabinet Minister, he went to the jandal factory and orders up a new pair of “Flip Flops” bringing wealth taxes back to try and reverse the slippage of supporters of such envy taxes to the Melons and the Native racist party.

Word of warning Chipkins, Flip Flops are not suitable footwear when the floor is slippery and where you are standing right now, it is downright dangerous.