Michael Keen

Former Deputy Director of the Fiscal Affairs Department at the International Monetary Fund and expert on tax policy, visiting New Zealand as a guest of the Tax Policy Charitable Trust to discuss capital gains, wealth taxes and international tax issues.

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Oct 4, 2025 • 24min

Expert on capital gains tax fairness, pitfalls of wealth tax

Michael Keen, former Deputy Director of the Fiscal Affairs Department at the IMF, discusses crucial tax issues in New Zealand. He advocates for a comprehensive Capital Gains Tax, arguing it promotes equity and aligns with income tax principles. Keen praises New Zealand's GST system while cautioning against high corporate tax rates that could hinder productivity. He also explores the practical challenges of wealth taxes and emphasizes the need for fair tax systems that address inequality.

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