Labour failed but New Zealand can’t put a wealth tax ‘back in the bottle’ | Max Rashbrooke
Labour party couldn’t ‘sell’ the tax in the last election but the policy won’t fade away as global concern over wealth inequality deepens
Licking its wounds from October’s election defeat, the New Zealand Labour party faces an internal struggle over a question that could define its recent past and its future electoral prospects: whether to campaign for a tax on the assets of the country’s wealthiest individuals.
Insiders say party members still feel “anger and disappointment” about the “captain’s call” by leader Chris Hipkins to rule out running on a wealth tax in this year’s election.
Max Rashbrooke is a senior research fellow in Victoria University’s School of Government
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