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Barry Soper: If Chris Hipkins rules out wealth tax, where does that leave the Greens?

Author
Newstalk ZB,
Publish Date
Mon, 12 Jun 2023, 5:28pm
 Photo / Alex Burton
Photo / Alex Burton

Barry Soper: If Chris Hipkins rules out wealth tax, where does that leave the Greens?

Author
Newstalk ZB,
Publish Date
Mon, 12 Jun 2023, 5:28pm

The Green Party have unveiled their wide-ranging tax and income policy ahead of October's election.

To keep low-income Kiwis above the breadline, the Greens proposed a top tax rate of 45 percent on income over $180,000 and a 2.5 percent wealth tax on assets worth more than $2 million.

ZB's senior political correspondent Barry Soper says Labour and the Greens will need each other this election if they get too close to the centre-right.

"Bottom lines, if Chris Hipkins now comes out and says- we're not going to have a wealth tax, where does that leave the Greens?"

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