Sir Michael Cullen at the Tax Working Group announcement. Photo: RNZ / Rebekah Parsons-King
The head of the tax working group is rejecting National Party claims KiwiSaver accounts will be dramatically reduced by a proposed capital gains tax. Opposition leader Simon Bridges says the tax would reduce retirement savings for an average earner's KiwiSaver by $64,000 over the course of their working life. But Sir Michael Cullen, chair of the working group, says Mr Bridges is wrong. He talks to Gyles Beckford.
