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Hot Topic Hawke’s Bay
From the Ivory Tower
5 mins to read
30

Revenue Minister’s ‘Piketty-tax’ plan laid bare

OPINION: David Parker's love of the French economist Thomas Piketty should forewarn us.

Thomas Picketty.

Robert MacCulloch Thu, 19 May 2022

France has a real estate wealth tax scheme. It is assessed on the total value of property owned by an individual. The tax starts when the value of your real estate assets exceed €1.3 million. It rises from 0.5% up to 1.5% of the total value of the properties. From everything that I know about

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Robert MacCulloch Thu, 19 May 2022
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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