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The Vision
A warm, safe home, affordable food and power, well-resourced schools, quality health care when you need it. A thriving environment that underpins it all. These are the building blocks of a healthy society.
That's not a radical idea. It's just a fair one. And it's entirely within reach.
The problem isn’t the size of the economy, it’s the rules.
A tax system for all of us
The Green Party’s tax plan will address inequality, tackle corporate greed, and tax income fairly. It will tax the super-rich and mega-corporations, help fund critical social services, and cut income tax for 96% of people — chances are that’s you.
Addressing inequality
A small tax on the super-rich
Introduce a 2.5 percent tax on the net assets of the super-rich above $10 million. There will be an exemption for family homes.
A tax on very large gifts or inheritances
Implement a Capital Acquisitions Tax on assets and gifts received worth over $1 million, with family farms and family homes exempted.
Tackle corporate greed
Asking big corporations to pay their fair share
Return the corporate tax rate to 33 percent for the 0.7 percent biggest corporations, like the supermarket duopoly, energy companies, and banks.
A small levy on the banks
Introduce a Bank Levy of 0.06 percent on the liabilities of the four big banks, like Australia has.
Making big tech pay their fair share
Make big tech companies pay their fair share by enforcing the 5 percent withholding tax rate on the profits they send offshore.
Reverse landlord tax cuts
Reverse Luxon’s landlord tax cuts and the changes to the bright-line test.
Create fairer income taxes
A new tax-free exemption for the first $10k
Create a new tax-free threshold of $10,000, giving 96 percent of New Zealanders a tax cut.
A small tax increase for those earning $160k+
Create a new, higher tax rate for income over $160,000.
Are you super-rich and will you be taxed?
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