'In Parliament the week before the announcement, the Green co-leader secured an admission from the #National Party's own #Minister of #Finance
that extreme #inequality is #corrosive for the country, the #economy, and #democracy — as stated in the press conference. The Finance Minister whose government oversaw $27 billion being added to the Rich List in a single year, per 1News and Waatea News, conceded the damage on record — and then delivered a Budget that did nothing to address it.'
Details of the recently-announced tax policy of the Green Party of Aotearoa New Zealand at https://www.themaorigreenlantern.maori.nz/the-green-party-the-great-rebalancing-aotearoa-has-enough-for-everyone-it-is-time-to-prove-it-22-june-2026/
'The Green Party's tax announcement on 20 June 2026 is the most significant policy statement of this election. Not because it is perfect. But because it is honest about the problem, verified in its costings, grounded in the work that IRD and Treasury have already done, and unambiguous in who it protects.
'96% of New Zealanders pay the same or less income tax. 99.7% do not pay the wealth tax. The Big Four banks pay a 0.06% levy on $9.53 billion in profits, per Better Taxes NZ. The top 0.7% of corporations return to a 33% rate. The top 0.3% of wealth-holders pay 2.5% on net assets above $10 million. And 1,100 people a year pay 33% on inheritances above $1 million, per 1News.'
'The Green Party's costings have been independently audited by Infometrics, including modelling for behavioural change and avoidance risk...'