Dear Friend,

Last night Green Party Minister Julie-Anne Genter let slip the Greens’ position for coalition negotiations after the election: a wealth tax on homes and retirement savings is the Greens' “bottom line”.  

That’s right – the Greens’ asset tax on homes, kiwisaver, and family nest eggs has gone from the Party's wish list to a non-negotiable demand if Labour need their support to form a Government. 

I’m emailing to ask for your support to fight the Greens’ proposed tax.

With the One News Colmar Brunton poll now showing Labour below 50 percent and the Greens on track to be in Parliament, the risk of a Labour-Greens Government is real. 

The Greens’ price for power? A tax on your home, small business, and savings.

Many voters still think the Greens are focused on the environment. But instead of GE, climate change, or mining being the party’s ‘bottom line’ – it’s actually a far-left economic policy.  France tried in vain to 'tax the wealthy', but they had to walk the policy back after they raised very little revenue and capital flew out of the country. 

Under the Greens' policy families would pay an extra one or two hundred dollars in tax every year for every $10,000 paid off the mortgage.  The policy also functions as a death tax – when your husband or wife dies, the threshold for paying the tax halves, which will leave many widows in the lurch just when they need their home and retirement savings to fund a care home. 

We need to fight back

Friend, next week we are launching a major campaign to fight the Green’s retirement and asset tax but the scale of this campaign depends on your support.

Will you step up to fight the Green’s unfair ‘bottom line’?  We need to force the Prime Minister – and every other party leader – to absolutely rule out the Greens' tax on you and your family. 

The stakes are high. If Labour falls just a few votes short at the election, they will be forced into closed-door negotiations with a Green Party focused on a single target: taxing everything you’ve worked hard to accumulate and anything you might want to leave to your children.

Make no mistake, the size of this fight totally depends on financial contributions from members and supporters like you. Click here to chip-in to the war chest.

Thank you for your support.

David Farrar Co-founder New Zealand Taxpayers' Union

Ps. We respect the privacy of our members and supporters. All donations are 100% confidential and will be used to fight the Greens’ asset tax. Click here to make a donation.