this post was submitted on 15 Dec 2023
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NZ Politics

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[–] kiwiguy@mastodon.social 2 points 1 year ago (1 children)
[–] Ilovethebomb -1 points 1 year ago (1 children)

I suspect Labour will need to lose another election before they get the message this isn't a popular idea.

[–] Xcf456 4 points 1 year ago (1 children)

But it is a popular idea. It polls highly

[–] Ilovethebomb -1 points 1 year ago (1 children)

Among who, though? The general public, party members, previous voters?

[–] Xcf456 4 points 1 year ago (1 children)
[–] Ilovethebomb -2 points 1 year ago (1 children)

I note they don't say what the actual question was.

[–] Xcf456 3 points 1 year ago (1 children)

Yes they do:

We asked in our latest Newshub Reid Research poll: Would you support the Government introducing a wealth tax? A clear majority, 53.1 percent, said yes, while just 34.7 percent opposed it.

[–] Ilovethebomb -2 points 1 year ago (1 children)

Was that the exact question though? And how much did the respondents know about the proposal besides that question?

[–] Xcf456 2 points 1 year ago

We asked in our latest Newshub Reid Research poll: Would you support the Government introducing a wealth tax? A clear majority, 53.1 percent, said yes, while just 34.7 percent opposed it.

[–] Ilovethebomb -1 points 1 year ago (1 children)

It's interesting to see how our political parties have split apart in such a dramatic way, and become more extreme in their views. Labour and greens want to tax not just what you earn, but also what you own, and National and ACT are busy trashing everything they did.

It's also worth considering there is absolutely no chance the threshold stays at whatever they choose, and will, at best, not be adjusted for inflation, and at worst, be significantly lowered.

From memory, the Green policy didn't actually have a lower threshold for net worth.

[–] Xcf456 8 points 1 year ago

From memory, the Green policy didn't actually have a lower threshold for net worth.

Yes it did. $2 million net for individuals and $4m for couples.