Story perspectives

Greens Unveil $32 B Tax Plan: Wealth, Inheritance Levies

6/21/2026

Summary

Story summary

The Greens moved their press conference to 11:30 a.m. Sunday after a tax-plan leak.
Co-leaders Chlöe Swarbrick and Marama Davidson announced a revised package projecting $32 billion in revenue.
The plan adds a 2.5% wealth tax on assets over $10 million and a 33% tax on inheritances over $1 million, together raising $19.9 billion and exempting homes and farms.
Income-tax reforms set a $10,000 tax-free threshold and a 45% rate above $160,000, costing about $10 billion.

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Story summary

The Greens moved their press conference to 11:30 a.m. Sunday after a tax-plan leak.
Co-leaders Chlöe Swarbrick and Marama Davidson announced a revised package projecting $32 billion in revenue.
The plan adds a 2.5% wealth tax on assets over $10 million and a 33% tax on inheritances over $1 million, together raising $19.9 billion and exempting homes and farms.
Income-tax reforms set a $10,000 tax-free threshold and a 45% rate above $160,000, costing about $10 billion.