Time for an estate tax New Zealand?

"In lieu of a wealth tax, why not enact an estate tax which is levied on an individual’s net worth at death, when the individual no longer needs the assets on which to live?"

Emily Morrow

Fri, 05 Mar 2021

When you look at the United States, do you like what you see? To what extent is that an aspirational future for New Zealand? If tax policy informs the economic, social, political and cultural development of a country, should NZ be rethinking its approach? Could a new estate tax, coupled with reduced GST and a capital gains tax on investment property lead to fairer outcomes for the community? I am a tax law junkie. Between 1979 and 2005, I practised as a tax lawyer in Vermont. Since then, I have continued to follow tax policy developme...

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