Potential Kingmaker in New Zealand’s Next Government Wants Universal Income, Tax Overhaul
The party says 90% of New Zealanders would be the same or better off under the plan, which also aims to cut house prices 10% to 15%.
4 Articles
4 Articles
Rising NZ party homes in on universal basic income
A New Zealand party that could hold the balance of power after this year's election wants to bring in a basic income for almost all residents that will be funded by a new land tax, with its leader saying on Thursday that the policy would also curb runaway house prices. Qiulae Wong, a 38-year-old former sustainable business consultant, only entered politics in November as leader of the decade-old Opportunity party, but has already overseen a dram…
Potential kingmaker in New Zealand’s next government wants universal income, tax overhaul
By Alasdair Pal SYDNEY, Aug 20 (Reuters) - A New Zealand party that could hold the balance of power after this year's election wants to bring in a basic income for almost all residents that will be funded by a new land tax, with its leader saying on Th...
Potential kingmaker in New Zealand's next government wants universal income, tax overhaul
New Zealand's Opportunity Party proposes a universal basic income for residents. This policy would be funded by a new annual land tax. The party leader believes this plan will also curb rising house prices. Recent polls suggest the party could hold significant power after the election. The party aims to influence finance or tax collection portfolios in government.
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