Greens Tax Policy is everything the Left has been begging for
Sweet Jesus yes, there is a God!
The Green’s Tax Policy is everything the Left has been begging for…
Greens commit to tax the super-rich and large corporates fairly, cut income tax for 96%
The Green Party has announced their 2026 tax policy ‘a tax system for all of us’ today.
Green Party Co-leader Chlöe Swarbrick says, “All New Zealanders deserve the opportunity to thrive. Today we are proud to announce a tax policy that will tackle inequality and corporate greed to rebuild our country and put more money in the pockets of 96% of New Zealanders.”
“People aren’t dumb. They know that while their cost of living has gone through the roof, corporate profits have skyrocketed and the wealthiest 150 rich listers now own more than half of the country. The big rip-off ends here.”
“Current tax settings allow multi-millionaires to pay only $9 in tax out of every $100 they make, while a teacher pays $22 in tax out of every $100 they earn. This grossly unfair, and it’s robbing us all of the investment needed in our communities, schools, hospitals, and infrastructure.
“Right now, Facebook, Google, Amazon and other multinational corporations are being allowed to make billions out of New Zealanders and pay next to nothing in tax for it, while small, local businesses are chased by the IRD into liquidation. That’s not right, and the Green Party will fix it,” Swarbrick says.
Green Party Co-leader Marama Davidson says, “If everyone contributes fairly, Aotearoa has more than enough for everyone to receive good healthcare, pursue education and training, feed their children, and pay their power bill. Instead, homelessness, unemployment, and poverty are increasing – while banks, the supermarket duopoly, power companies, and big tech make massive profits.”
“New Zealand’s economy is the largest it’s ever been, with record profits being made by some. Yet the cost of living is through the roof for ordinary people, and our hospitals, schools, public transport, and environment are all starved of funding.”
“These are critical social services that all New Zealanders need, including the super-rich.”
“Essential services like healthcare, education, and infrastructure could be funded if the super-rich and mega-corporates like the supermarkets duopoly, banks, and power companies contribute fairly to the society they profit from,” says Davidson.
The Green Party’s tax policy will:
Address inequality
- 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.
- Implement a Capital Acquisitions Tax on assets and gifts received worth over $1 million, with family farms and family homes exempted.
Tackle corporate greed
- Return the corporate tax rate to 33 percent for the 0.7 percent biggest corporations, like the supermarket duopoly, energy companies, and banks.
- Keep the corporate tax rate at 28 percent for small and medium enterprises, levelling the playing field for local businesses.
- Introduce a Bank Levy of 0.06 percent on the liabilities of the four big banks, like Australia has.
- Make big tech companies pay their fair share by enforcing the 5 percent withholding tax rate on the profits they send offshore.
- Reverse Luxon’s landlord tax cuts and the changes to the brightline test.
Create fair income tax rates for people earning wages or salaries
- Create a new tax-free threshold of $10,000, giving 96 percent of New Zealanders a tax cut.
- Create a new tax rate for income over $160,000.
‘A tax system for all of us’ will increase net revenue by $5.35 billion in 2027/28, rising to $5.94 billion by 2030/31.
For more info, visit A tax system for all – Green Party of Aotearoa New Zealand.
…YES!
YES!
YES!
I believe this may be the last chance in NZ to reset the rigged and corrupt tax system and provide the public services our society relies upon.
This isn’t envy! It’s a revulsion of the cost of greed crisis!
Shouldn’t there be a Billionaire Tax for being an arsehole?
In NZ the Mordor of Oligarchy has infected our Shire as well!
Look at how that money is donated politically in NZ:
-
Party donations concentrated at top incomes:
In recent elections, ~60 % of total political donations came from businesses and individuals earning in the top tax brackets, while lower-income donors account for a small share. -
Lobbying prevalence:
Corporate and industry groups (banks, property developers, dairying sector) are among the most active lobbyists in Wellington, shaping tax, housing, and planning policy.
The Big Polluters, the Billionaire Class, the Corporate’s and the speculators own NZ Politically!
Look at how the biggest polluters were able to secretly buy their interests with National.
The Oligarchs are here not to liberate us, but to enslave us!
You should be angry, New Zealand capitalism is a rigged trick for the rich and powerful. The real demarcation line of power in a western democracy is the 1% + their 9% enablers vs the 90% rest of us!
Do not allow their smears of ‘Envy’ to dilute the righteous rage you should all be feeling!
There’s no point making workers pay more to rebuild our resilience, tax the rich!
The richest 1% of NZ households own 18.8% of total net worth while the bottom 50% of households together hold just ~0.3% of total net wealth.
Last election:
- National received over 50% of their donations from the property industry.
- ACT received approximately 32% of the property industry donations.
- NZ First received approximately 12% of the property industry donations.
The elites donate to National, ACT and NZ First to ensure they get preferential treatment for deregulation in the areas where they have interests.
This is what the new Gilded Age looks like in New Zealand
The region now has the highest rate of food insecurity in the country, with a recent report showing 40% of households are struggling to afford enough to eat.
Stuff
…there are 170,000 kids in material hardship, 600,000 Kiwis rely on food banks each month and our public services have been hollowed out to allow neoliberal free market capitalism to dominate all.
Billionaires operate in a society that enables their wealth.
Don’t believe me?
Listen to a billionaire then, Steve Jobs…
“I didn’t invent the language or mathematics I used. I make little of my own food, none of my own clothes. Everything I do depends on other members of our species and the shoulders that we stand on.
…Billionaires stand upon the shoulders of a society and draw their wealth and power from that society with minimal obligations placed upon them. They have benefitted from an educated civil society but want to pay sweet fuck all for its upkeep!
Lift the tax yoke from the workers and the people and place it on the mega wealthy and have them pay their fair share for once!
In 2010, the 388 richest individuals owned more wealth than half of the entire human population on Earth
By 2015, this number was reduced to only 62 individuals
In 2018, it was 42.
In 2019, it was down to only 26 individuals who own more wealth than 3.8 billion people.
In 2021, 20 people own more than 50% of the entire planet.
While in 2026, the top 0.001% of households hold three times more wealth than the bottom 50% combined and Elon Musk became the worlds first Trillionaire!
This isn’t democracy, this is a feudal plutocracy on a burning Earth! What the Greens are proposing here is bold and by shifting the limits up, this will only target the mega wealthy.
The Political Right in NZ have used an anti-Māori, anti-Treaty, anti-disabled, anti-public service, anti-renter, anti-worker, anti environment and anti-beneficiary agenda to strangle the common good for their donors interests, what the Greens are doing here is providing an alternative where egalitarianism and economic justice generate the income to properly fund our public services.
The Greens have delivered a different vision away from the Greed and the vested interests of the property pimps, the big polluters, the Billionaires, the Banks and the Corporations!
The Greens have delivered the best Economic Policy Platform we could hope for, and alongside Te Pati Māori, we now have a framework that can truly step up to the challenges we face from climate change, AI and inequality.
We all now have something to fight for and a future to dream.
Well done Greens.
“…..The Oligarchs are here not to liberate us, but to enslave us!”. Martyn Bradbury
The wet dream of the Oligarchs is the extermination of most of us, so that they can safely emerge from their bunkers with their private security to enslave any survivors!
If we really wanted to catch the one percenters in the tax net we should impose a bunker tax
Why are billionaires coming to NZ?
What is that they find so attractive about this country?
Bear with me;
From CNN Business:
How New Zealand became an apocalypse escape destination for Americans
By Julia Hollingsworth
Thu July 16, 2020
https://www.wral.com/archive/19190675/
……”We don’t sell fear. We sell preparedness.”
….”Everybody wants their own personal touch to it, just like building a house,” said general manager Gary Lynch, adding that the company has sold approximately 1,400 bunkers in its 18-year history. “They’re looking for something to protect their families, something that’s self sufficient, something that they can live in for a prolonged period of time.”
This year alone, Lynch expects to sell around a dozen bunkers to New Zealand — which would double the firm’s total sales ever in the country, which have mainly been to American buyers. Traditionally, the New Zealand market makes up a tiny fraction of his clients, but there was an uptick in interest in 2017 and 2018, he said. “There were a lot of people that were buying land and putting bunkers” below ground, he said.
Lynch says he won’t show CNN Business a bunker because his clients’ privacy is paramount. He doesn’t want to go into specifics because it brings “scam artists” into the industry, who he says think they can build bunkers for cheaper…..
……Lynch isn’t the only bunker maker who is cryptic about the business. Bloomberg reported earlier this year that California-based Vivos claimed it had installed a 300-person bunker in New Zealand. But when asked by CNN Business about his company’s dealings in June, founder Robert Vicino was reluctant to elaborate.
“Inquiries from New Zealand are up significantly as they are from the rest of the world,” Vicino said. “For security reasons we cannot comment on any Vivos bunkers in New Zealand.”…..
…..On paper, Queenstown — and New Zealand more broadly — makes an attractive housing market for foreigners, even without secretive bunkers.
In the town of 40,000 people, more than 25% of private dwellings are unoccupied. Queenstown often ranks as among the most popular places in New Zealand for foreign buyers. In the first quarter of this year, 4.1% of properties were transferred to buyers who didn’t hold New Zealand citizenship or resident visas. In recent years, around 10% of sales in the region have gone to foreign buyers……
From the Guardian:
Why Silicon Valley billionaires are prepping for the apocalypse in New Zealand
By Mark O’Connell
Thu 15 Feb 2018
https://www.theguardian.com/news/2018/feb/15/why-silicon-valley-billionaires-are-prepping-for-the-apocalypse-in-new-zealand
……In 2016, Sam Altman, one of Silicon Valley’s most influential entrepreneurs, revealed to the New Yorker that he had an arrangement with Thiel whereby in the eventuality of some kind of systemic collapse scenario – synthetic virus breakout, rampaging AI, resource war between nuclear-armed states, so forth – they both get on a private jet and fly to a property Thiel owns in New Zealand. The plan from this point, you’d have to assume, was to sit out the collapse of civilisation……
From Yahoo:
Billionaire boltholes: inside the doomsday hideouts of the super-rich
Shona Jackson
27 February 2025
https://uk.finance.yahoo.com/news/billionaire-boltholes-inside-doomsday-hideouts-170000871.html
…..Reid Hoffman, the co-founder of LinkedIn, told The New Yorker in 2017 that purchasing property in New Zealand has become a code for getting “apocalypse insurance”. He revealed to the publication: “Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more.”…..
….Some wealthy buyers in the market for a disaster-proof base in New Zealand are investing in luxury bunkers. Underground global shelter network Vivos said it installed a 300-person bunker on the country’s South Island in 2020. Meanwhile, survival shelter firm Rising S Bunkers revealed that it had delivered around 10 private bunkers to New Zealand over the past few years….
…..Hidden from the site, the entrance to this high-spec shelter is concealed within a ground-level safe house, which resembles an ordinary prefab structure. The bunker’s hatch is hidden behind a false wall and only revealed when a secret locking mechanism is released.
The company’s series of luxury bunkers are fitted with other security extras including bullet-resistant doors and whole-home air filtration systems to stop the spread of pathogens.
Alongside its enhanced safety features, the Aristocrat model offers an especially high-end amenity: a motor cave where residents can keep their beloved supercar collections safe…..
Apocalypse now: Doomsday bunker secretly installed on New Zealand property – confirmed
Kurt Bayer, South Island Head of News·
NZ Herald 23 Feb. 2925
https://www.nzherald.co.nz/nz/apocalypse-now-doomsday-bunker-secretly-installed-on-nz-property-confirmed/IHQ47FV7ZJGDLMJUEA3YMUG6MM/
(Paywalled)
But there’s lots more headlines like this.
In my opinions if the one percenters want to bury themselves in luxury holes in the grounds, that’s their business, but if they want the privilege of emerging after the apocalypse to step on our bones, then they need to pay us for the privilege.
Let’s start at $10million a bunker. Chump change for these pricks.
RNZ
Election 2026 – The disproportionate staying power of the rural vote
https://www.rnz.co.nz/news/thedetail/614313/election-2026-the-disproportionate-staying-power-of-the-rural-vote
Only four percent of kiwis work in farming, yet politicians, from all parties, are fighting fiercely for the rural vote.Photo credit:RNZ / Nick Monro
Clearly Nick, you’ve not been reading me here.
Dear @ Amanda Gillies…
Are you an earthling or are you a recent arrival? Are you easily mystified by the blindingly obvious?
A respected RNZ reporter has no idea where our wealth comes from, or more concerningly, has no idea where it goes.
” The disproportionate staying power of the rural vote. ” I know, right? A small bus load of rural Kiwis financially carry the entire country on their backs.
The above info in the link I’ve copied in here is far too bizarre for me to deal with right now. Where’s that wine bottle?
But before I go…Farmers? you really don’t know just how fucked you’ve been do you? You poor bastards.
Boy I live in the middle of a very wealthy farming area in the King country ,where lot of the farms are 5th generation land stealing farmers .The village I live in survives on passing traffic heading to Hamilton or Newplymouth .6 years ago there were two farm supply stores now there is one scratching a living for the people that work in it .Fonterra pulled stumps 5 years ago and walked away .The farmers spend nothing in the village now other than on a feed of takeaway or a beer at the club .
They send the kids away to boarding school as soon as they can so as not to take up too much of their time .
There used to be car sales and farm machinery sales centers all that is left is a motor bike shop that sells a hand full per year .So all the big spend is now done in other towns 40 minutes away if not further .
Houses have little or no value and take an age to sell because there is bugger all work to be had .Had a conversation with a business owner a few weeks back who said there were plenty of jobs and people are just too lazy to work .When I asked if I could start monday in his work shop the reply was ,NO we dont have enough work to employ anyone .
Farmers are not supporting local ,they are supporting the big smoke ,while local disappears along with the next generation .Soon the village will be buggered and the passer by will have to wait for their coffee and a feed .The local hiway was closed for 5 weeks due to land slides and the place was a ghost town .
Read the rest of this article https://localbodies-bsprout.blogspot.com/2026/06/the-myth-of-new-zealands-economic.html?utm_source=substack&utm_medium=email
that is quoted from in ACT + National freak out over Greens taxing Billionaires
While NZs Media and so called Journalists are pretty much owned and run by Right leaning Millionaires the Greens Policies although good and evidence based will never get positive coverage, just have to look at the negative reporting of it today. I feel like we are fighting a losing battle in NZ. The Right will put out disinformation and the Media will let them. It’s so demoralizing.
Regarding envy, I doubt many having been robbed will envy the robber.
Meh.
Roger’s not in jail, Hipkins is as limp as freshly baked butter, our politic is a gaggle of crooks, our primary industry is farming populated by either fawning rogergnomes or mindless haters ( Giddawaybackyamongrels!) who wither at the mere thought of battling australians and somehow, a UFO’s landed unnoticed and stolen all their backbones for medical experiments for a giggle. Our politics is like someone owning an ugly, expensive, sloth-performing British car yet loves it because they were abused by their parents so they feel at home in a machine that tortures them while going then bankrupts when it breaks down and usually somewhere like between a West Coast town populated by skin heads and another town populated by mossy old hippies and no one knows anything about cars and wouldn’t tell you even if they did and just for spite.
We, as a ‘nation’ need cocaine by the boat load to pick us up then push start us then we then need, indeed must, move to the very most savage methamphetamine the Russians and the Venezuelans can cook then we need to sprint to Wellington to find out why and how our politicians have sold us out to our primary-industry agrarian exports competitors. There’d be blood, there’d be guts and there’d be giggles.
Our politics is like a fucking idiot leaning against an elephant who’s wearing a fluro sign that says ” I’m an elephant” while asking ” Anyone seen an elephant around here? Anyone?
@ Chloe Swarbrick? Give ol King Charles a quick ring and ask him for a public, royal commission of inquiry up every elephant in the room and chuck in all the idiots for good measure.
Sounds good to me. Just one picky little thing – anyone with under $100 million is regarded as “merely” Rich not super rich.
Chloe was superb on TV1 Breakfast this morning explaining why a reset was absolutely necessary and how it will be
implemented….
Tova appeared a little bit underdone in understanding economics
but Chloe remained very patient….
She is by far and away the best political communicator in N.Z.
Glad to see the Greens stealing tax policy from the (more serious) Maori Party.