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Surprising twist in tax debate: Some of NZ's wealthiest support tax hikes for the rich

Author
Newstalk ZB,
Publish Date
Thu, 11 May 2023, 7:48am
Malcolm Rands, chief executive and founder of ecostore. Photo / Dean Purcell
Malcolm Rands, chief executive and founder of ecostore. Photo / Dean Purcell

Surprising twist in tax debate: Some of NZ's wealthiest support tax hikes for the rich

Author
Newstalk ZB,
Publish Date
Thu, 11 May 2023, 7:48am

A somewhat surprising twist in the tax-debate, with some of New Zealand's wealthiest supporting tax hikes for the rich.

A group of around 100 inspired by the initiative Millionaires for Humanity, have signed a pledge calling on the Government to increase their taxes.

It believes the current tax system contributes towards the gap between poor and the wealthy.

Signatory and Ecostore Founder, Malcolm Rands told Mike Hosking he's worried about our preparedness for the future and we have to start somewhere.

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