NZ Herald political reporter: Hipkins ruled out wealth tax to maintain strong party vote - News Summed Up

NZ Herald political reporter: Hipkins ruled out wealth tax to maintain strong party vote


Chris Hipkins confirmed he's pausing tax changes while he's in office. Documents revealed that Labour had planned to introduce a wealth tax affecting 46,000 New Zealanders, but that plan was ultimately scrapped. NZ Herald political reporter Michael Neilson says Labour's clearly concerned about where they're sitting in the polls- both the Taxpayers' Union - Curia poll and Talbot Mills poll placed Labour below National. "There's a bit of concern about where they are, and obviously Hipkins made the decision- he wasn't going to be able to sell this to the public and maintain a strong party vote." LISTEN ABOVE


Source: New Zealand Herald July 15, 2023 23:49 UTC



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