Labour came to the only logical conclusion, with a little help from its friends. A Capital Gains Tax was little more than scratching an itch of its voting base, but would have done little for the country and the government
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Jacinda Ardern thuds back to earth thanks to NZF's 'carefully generated torpedo' (CGT)
A humiliating defeat for Jacinda Ardern and Labour on the Capital Gains Tax is a reminder of how political power works and where the struggle for that power – and next year's election – really lies. Peters has swung the tax axe, with impunity
Read MoreTax: Some facts (for a change)

John key says Labour's tax package will make high-income earners "not welcome in New Zealand". Where might they be more welcome than here?
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