Have your say: 'Government has made no decisions on tax mix,' Dunne says, despite PM's views

The working group is leading a debate on the medium-term direction of New Zealand's tax system. In doing so it is drawing on the experiences of other countries and their tax systems. Other countries have capital gains taxes and land taxes. One question for the working group is whether there is a place for such taxes in the New Zealand tax mix. This is a discussion we should and need to have, but encouraging the debate is not without its political difficulties. Publication of various background papers prepared for the Tax Working Group's consideration has been accompanied by a lot of media interest on details of the contents and speculation on Ministers' views on the various options being explored - will the Government introduce a capital gains tax, a land tax, rental property tax, and so on? I want to stress once again that the Government has made no decisions on the future tax mix. What is more, the working group itself has not even yet reached a final position on the many options, let alone presented it to the Government. While the working group has not been set up as a revenue-raising body, at the end of the day we need a tax system that raises sufficient revenue to meet our significant fiscal challenges, and does so in the fairest and most efficient way. The Tax Working Group process will assist the Government as it prepares to meet future challenges.

Here is a link to the full speech. Click here to see Bernard Hickey questioning John Key's desire to reform the economy. Your view?