Government's books deteriorate for no apparent gain

"A tax on capital gains (excluding the family home) and a water levy would move the economy onto a more productive footing while stemming widening Government deficits."

Financial Statements of the Government of New Zealand for the Six Months Ended 31 December 2011:

http://www.treasury.govt.nz/government/financialstatements/monthend/

IRD Briefing to the Incoming Minister:

http://www.ird.govt.nz/aboutir/reports/briefing/briefing-2011

The Green Party's alternative plan for our economy:

http://www.greens.org.nz/greenjobs