It may be taking a back seat to cost-of-living pressures, unemployment and the state of the economy, but tax was always going to be a hot issue in this year’s election.
Labour is proposing a capital gains tax on investment property, while the Greens and Te Pāti Māori have each put forward wealth taxes. To fund its version of a universal basic income, Opportunity is advocating a bold land value tax – something both major parties have ruled out supporting.
