Posts Tagged ‘Māngere Budgeting Services’

Proposed wealth tax will hurt the cash poor

Thursday, October 15th, 2020

A South Auckland poverty advocate says the Green Party’s proposed wealth tax will hurt people who are not wealthy. The proposed wealth tax would introduce a one percent tax on net assets over $1 million and two percent tax over $2 million. The proposal excludes housing wealth under a mortgage from the tax calculation. The Read more