Exchange of the Week
Dr Russel Norman: Why is he ignoring the advice of the OECD, the IMF, and the Savings Working Group, that have found that New Zealand is now an outlier in not having a comprehensive tax on capital gains, the absence of which seriously undermines Government revenue, and also directs capital into the non-productive sector, the housing sector?
Rt Hon JOHN KEY: I do not think this is the week to be looking closely at the IMF
Heh.