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Bruce Plested, the billionaire co-founder of Mainfreight, said he supported the idea of a wealth tax to help address concerns about inequities in society.

One of the richest people in the country supports paying more tax, but says the super wealthy worry the government will “squander” the money raised.

Bruce Plested, the billionaire co-founder of Mainfreight, said he supported the idea of a wealth tax to help address concerns about inequities in society.

“I believe I do,” he told RNZ in a new series on wealth launching on Monday.

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