Rt Hon JACINDA ARDERN: Of course, the member is referring to the policy which her party introduced. Again, I would point to the fact that at that time, "A capital gains tax is something that you pay no matter when you buy and sell the property"—that was from John Key. "Some people characterise this as a capital gains tax. It is not …; it is actually an income tax, and everyone has an obligation to pay"—that was Andrew Bayly. Again, "This means … when somebody buys property with the intention of making a profit they must pay income tax on that gain"—that was Todd McClay. And Simon Bridges said that the brightline test is a "world away" from a capital gains tax.