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Rich Get Much Richer, Driving Inequality And Poverty
Monday, 9 June 2025, 1:21 pm
Press Release: Green Party
The 2025 NBR Rich List makes immediately obvious the need
for a fair tax system, says the Green Party.
“The
rich list is now worth more than one hundred billion
dollars, while the Government has chosen to cut support to
tens of thousands of the lowest income New Zealanders.
It’s time to tax wealth, and build a country where all of
us can thrive,” says the Green Party’s spokesperson for
Finance and co-leader Chlöe Swarbrick.
“Poverty and
homelessness doesn’t come from nowhere. They are created
by inequality. Christopher Luxon has put his foot down on
the accelerator. By design, the rich are getting much, much
richer while the poor are getting much, much
poorer.
“We already know that the
wealthiest households are able to arrange their finances to
pay half the effective tax rate of regular New Zealanders.
That means, proportionally, teachers, nurses, builders and
firefighters pay more of their income to support our
country’s infrastructure than the billionaires the Prime
Minister has chosen to celebrate
today.
“The Greens are ambitious for an
Aotearoa New Zealand where everyone has what they need to
thrive. We can have free GPs, free early childhood
education, free dental care and rapidly reduce climate
changing emissions – if the rich pay their fair
share.
“A wealth tax on just the ten wealthiest rich
listers alone would pay for free GP care for all New
Zealanders.
“Don’t let the people laughing their
way to the bank while everyone else suffers tell you what is
possible. We all deserve so much better, and our Green
Budget shows how,” says Chlöe
Swarbrick.
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