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Speaker 1: A warning for Hipkins as he plots higher taxes for

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Speaker 1: Kiwi businesses, for investors, for savers. Who really knows it

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Speaker 1: comes from across the ditch Albinezi, if you've been following,

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Speaker 1: having problems getting his super tax plan across the line

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Speaker 1: despite having a majority in Parliament. The opposition to it

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Speaker 1: comes not just from the usual suspects, but also former

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Speaker 1: Prime Minister labour store legend Paul Keating. Even the Unions

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Speaker 1: were crying boohoo about it, So he's had to u

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Speaker 1: turn and he's u turned on unrealized gains which have

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Speaker 1: always been a stupid thing to try and tax. How

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Speaker 1: can you pay tax on money you haven't earned? The

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Speaker 1: Greens want to do this, David Parker wanted to do

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Speaker 1: it to party, Mardy wants it, and Debbie said at

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Speaker 1: the weekend that she and Chippy are on the same

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Speaker 1: page when it comes to a wealth tax. Interesting, isn't it.

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Speaker 1: He denies this, but does anyone believe a guy who

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Speaker 1: won't tell you what he's really thinking or what he

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Speaker 1: really stands for until he rules something in or out.

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Speaker 1: He looks like a guy plotting in secret. He and

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Speaker 1: Barbara squirreled away with an abacus in some office, quietly

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Speaker 1: conjuring up and inventive revenue streams, and we're left wondering

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Speaker 1: whose business, whose property, whose wealth is ripe for the picking.

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Speaker 1: The warning from Australia is pretty night and day if

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Speaker 1: you're going to tax something, and that's a big if

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Speaker 1: here at home. But if you're going to do it,

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Speaker 1: you'd better make sure it's a realized gain and not

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Speaker 1: a tax on imagenatory on paper earnings. For more from

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Speaker 1: Early Edition with Ryan Bridge, listen live to News Talks

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Speaker 1: at B from five am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio