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Green Taxation and Monetary Policy Summary

Russel Norman MP
Russel Norman MP
russel [dot] norman [at] parliament [dot] govt [dot] nz (Email)

Read the full Green Taxation and Monetary Policy

A good tax system is one that raises enough money to fund the level of Government services we need and: i) Promotes greater equality between us; ii) Creates incentives to move the economy in a more sustainable direction, and; iii) Is resilient, collecting taxes from a broad-base treating different sources of income equally.

To promote greater equality, the Greens will enhance the progressivity of the tax system by introducing an income tax-free threshold and a comprehensive capital gains tax (excluding the family home).

To create incentives to move the economy in a more sustainable direction, the Greens will introduce a suite of ecological taxes on waste, pollution, and scarce resources.

The introduction of a comprehensive capital gains tax, new ecological taxes, and through better enforcement of current tax law, the tax base will be broadened and hence made more resilient.

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