The Prime Minister says the Government is not releasing any new tax policy.

An Inland Revenue report released early this afternoon will estimate the effective tax rate of the country's rich, taking into account their full economic income, rather than just taxable income. 

Chris Hipkins told Mike Hosking they were clear in 2020 about their tax policy.

He says they're sticking to that and they'll let people know well in advance of the election what their tax policy for the next term is.

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