out of the summary. In the ongoing debate over implementing a capital gains tax in New Zealand, the Labour Party sees the current prime minister as their ideal opponent. The country has not seen significant tax system diversification since the major reforms of the pre-MMP era, with Roger Douglas introducing GST in the mid-1980s. Despite the challenges, the Labour Party remains committed to pushing for changes to the tax system.
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Check your bill: Herald analysis finds errors in Auckland Council rates bills
A recent analysis by the Herald revealed significant errors in Auckland Council's new rates bills, with some residential rates incorrectly calculated at up to 11.4% of property values. Notably, a multi-unit property in Ōtāhuhu was billed $444,766 instead of the correct amount of $14,578, prompting the council to advise ratepayers to report any discrepancies. Want More Context? 🔎
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