A tax-free threshold of $30,000, introducing two new top tax rates of 42% and 48% and introducing four new taxes, including a wealth tax, land banking tax and vacant house tax.
That’s all part of Te Pāti Māori’s tax policy, announced today.
Te Pāti Māori co-leader Rawiri Waititi said the current tax system took money from the poor and gave it to the rich.
“It’s time we rectified this imbalance,” he said.
“Our vision is simple, yet profound: to shift the burden of tax from the poor to the wealthy, and to restore fairness and economic justice. We believe in an Aotearoa Hou [a new New Zealand] where ordinary people don’t have to subsidise the extravagant lifestyles of the rich.
“No one should go hungry while supermarkets are making record profits.
As TDB has been arguing, The Māori Tax Policy was always going to be the true deciding moment of this election.
Labour is here to manage capitalism (and let the free market do the rest), the Greens are here to try and add the cost of pollution into the price (and let the free market do the rest) while the Māori Party are actually here to disrupt the Free Market!
These tax policies are truly inspired and are an actual threat to the establishment, now you know what the Billionaire class and 1% have been pouring money in to National and ACT because they knew the Māori Party under John Tamihere was a completely different political beast and that they have no issues holding the wealthy to account.
The Left finally have a political movement they can vote for that will actually force the rich to pay more.
Not Labour’s incrementalism, not the Greens fecklessness, actual hard balling arm twisting real reform.
David Parker, Grant Robertson and Chloe Swarbrick all finally have a partner inn John Tamihere to force these changes through.
This is the most radical change to taxing the rich and removing the tax yoke from the working Kiwi!
It’s as close to socialism as we are going to get comrades and the broadness of the policy is not purely for Māori! The MANA Party knew what was good for poor Māori babies is also good for poor white babies and the same is true of the Māori Party Tax Policy – this is good for all of us!
Te Pāti Māori’s tax policy
- $30,000 and under – 0% tax
- $30,001 – $60,000 – 15% tax
- $60,001 – $90,000 – 33% tax
- $90,001 – $180,000 – 39% tax
- $180,001 – $300,000 – 42% tax
- $300,001 and up – 48% tax
Currently the top tax rate – for earnings over $180,000 – is 39%.
The party would also:
- Remove GST from all kai and regulate the ability of supermarkets to hike prices
- Increase the company tax rate from 28% to 33%
- A net wealth tax
- A foreign companies tax
- A land banking tax
- A vacant house tax
The Māori Party have stepped up here and provided NZ with a means to finally tax those rich pricks who are in turn doing everything to stop the Māori Party being in any position to ram this through.
If you have been depressed by Labour’s lack of courage or the Greens alienating ideity politics, here is a real socialist tax programme from the Māori Party that would be good for every single kiwi.
I particularly like the Foreign Companies tax which will be used like a financial transaction tax that will kick the Australian Banks.
Fuck you Australian Banks!
The Māori Party promised, now they have delivered, if you are Left wing in this country, you finally have a Party worth voting for.
There is finally light at the end of the tunnel, and we all know it can’t be a train because we know public transport in this country is never on time or barely working.
This is a watershed moment in NZ politics.
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