NZ Party Proposes Universal Income and Land Tax
New Zealand's Opportunity party proposes a universal basic income funded by a land tax to improve housing affordability. Leader Qiulae Wong aims to shift the tax burden from labor to wealth.
New Zealand could see a universal basic income funded by a new land tax if a surging minor party secures the balance of power in the upcoming election. Recent polling puts the decade-old Opportunity party above the 5% parliamentary threshold. Both major political camps may need its lawmakers to form a government after the November 7 poll.
