NZ’s housing market drives inequality – why not just tax houses like any other income?
- Written by Susan St John, Honorary Associate Professor, Economic Policy Centre, Auckland Business School, University of Auckland
Getty ImagesThe 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...
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