Golf Warehouse chairman opposes Green Party wealth tax, Digi Mart USA News (New Zealand): A New Zealand businessman says the Greens’ proposed wealth tax would “damage” the future of New Zealand.
The Green Party has proposed a 2.5% tax on net assets above $10 million.
Eric Faesenkloet, founder and chairperson of Golf Warehouse, wrote an open letter to the Green Party condemning the proposed tax.
Faesenkloet joined Heather du Plessis-Allan to discuss his position and why he decided to write the letter.
