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.
RNZ
Face of the Day
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.
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Faces of the Day
Asked if National meant no increases existing taxes, levies or fees, Willis did not rule it out. “We’re saying no new taxes,” she said.
Face of the Day
This year, the winning entry came from Sritam Kumar Sethy, a student at Berhampur University in India, while Australian researchers and wildlife snagged awards in several categories.
Face of the Day
Beard was in hospice care when he died at his ranch in Richmond, Texas, with family members at his side, band representative Bob Merlis said.
Faces of the Day
The group are mostly elderly and retired and gather at an old sports building in Hastings to make coffins. “We are at a point where we don’t have the room to make any more,” Treasurer Cherie Hames says. “We are basically at capacity of what we can make on the premises. We have to find new premises.”
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