Wealth taxBoth the Green Party and Te Pāti Māori want a wealth tax. They would pay tax on the $2.5m above the $4m threshold, at $62,500 a year. Robert Kitchin/Stuff Te Pāti Māori has proposed significant tax changes. Land value taxThe Opportunities Party (TOP) would apply a land value tax at 0.75% of the value of urban residential land, paid annually. If Marion had continued to hold the house directly, she would have been liable for a wealth tax of $12,500.
