Te Pāti Māori’s Bold Tax Push | Auckland News

Auckland News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 2m

Te Pāti Māori just dropped a radical new tax plan that could shake up New Zealand’s economy — including a wealth tax, international profit tax, land banking levy, vacant home tax, and a 5% stamp duty on most house sales (even family homes). While it sounds extreme, the party’s strategic play — urging voters to “party vote” Labour or Greens — could create parliamentary overhang and force Labour into tricky coalition talks. Chris Hipkins has already ruled out backing Te Pāti Māori’s taxes, except their own capital gains tax, as the left pushes for deeper wealth redistribution. With homeowners…