The government considered but rejected wealth tax, says Chris Hipkins

Prime minister Chris Hipkins has confirmed the government was examining whether it could implement a wealth tax in this year’s budget, but that he canned the idea.The confirmation came in a statement from Hipkins as Labour party leader rather than prime minister and included a pledge that “there will be no wealth or capital gains tax after the election”.“End of story.”Hipkins said “experimenting with a wealth tax” went against the government’s focus on delivering “certainty and continuity&rd...