Election year:
2023
Political party:
Green Party
Associated politicians:
Policy:
Tax
- Ensure that tax policy contributes to the overall quality of life of New Zealanders and the sustainable development of Aotearoa New Zealand.
- New Zealand's local economy should be strengthened and foreign purchases of local assets should be limited.
- There will be an introduction of a Trust Tax that of 1.5%
- There will be an introduction of a Wealth Tax of 2.5% on net assets over $2 million for individuals or $4 million for couples.
- A new Top Rate of Income Tax, so that those earning an income of over $180,000 will be taxed 45%, so the top earners are contributing more. while people earning under $125,000 will pay less tax.
- There will be a new Corporate Tax Rate of 33%.
- Read more here and here