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The Conversation
Susan St John, Honorary Associate Professor, Economic Policy Centre, Auckland Business School, University of Auckland

NZ’s housing market drives inequality – why not just tax houses like any other income?

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The Green Party made waves recently when it proposed to tax net wealth over NZ$2 million for individuals and $4 million for couples. As part of a broad range of actions, the policy aims to “end poverty”.

Reactions ranged from endorsement to accusations it was fuelled by envy, but the debate signalled what could become a major election issue: the wealth gap and how to fix it.

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