In their open letter, the signatories said they're frustrated by how much, or rather how little, tax they pay. Although they have sympathy for a capital gains tax, they are nor fighting for that specifically, nor for any other so-called progressive tax, such as a wealth tax, an inheritance tax or a transactions tax. I have investments on which I pay tax and I still do work." Like Mills, Rands says he is not proposing any particular tax reform, he is just supporting the principle of a fairer tax system. "I support a tax system which is fair to all New Zealanders.

Source: New Zealand Herald May 10, 2023 22:31 UTC