Uploaded August 2026 | Updated September 2026, 2 weeks ago
New Zealand is one of the only OECD countries without a capital gains tax or a wealth tax. So why are we so reluctant to tax wealth? Subscribe: youtube.com/RNZVideo?sub_confirmation=1
This week, Context traces the history of New Zealand's tax system, from land taxes, death duties and stamp duties to the repeated political battles over capital gains tax and wealth tax. Why did we get rid of taxes on wealth? Why has every attempt to bring them back failed? And could the 2026 election finally change that?
Guyon Espiner and Corin Dann unpack more than a century of tax history, featuring John Key, Jacinda Ardern, Chris Hipkins and Winston Peters to explain how New Zealand became an international tax outlier and why the debate over taxing wealth has returned to centre stage.
New Zealand is one of the only OECD countries without a capital gains tax or a wealth tax. So why are we so reluctant to tax wealth? Subscribe: youtube.com/RNZVideo?sub_confirmation=1
This week, Context traces the history of New Zealand's tax system, from land taxes, death duties and stamp duties to the repeated political battles over capital gains tax and wealth tax. Why did we get rid of taxes on wealth? Why has every attempt to bring them back failed? And could the 2026 election finally change that?
Guyon Espiner and Corin Dann unpack more than a century of tax history, featuring John Key, Jacinda Ardern, Chris Hipkins and Winston Peters to explain how New Zealand became an international tax outlier and why the debate over taxing wealth has returned to centre stage.
