The Green Party wants a “poor list” to be produced to outline the difficulties and challenges of “living on less than poverty wages”.
The call comes after the National Business Review released their rich list, a document that reveals New Zealand’s 150 richest people or families.
The Green Party says the list “serves as a wakeup call on inequality in New Zealand”.
“What we need is a poor list - an annual document that sets out the challenges of living on less than poverty wages in New Zealand and highlights the growing gap in income inequality,” Green Party co-leader Metiria Turei says.
She says the rich list shows a 20 percent increase in the combined wealth of the richest 150 New Zealanders.
She also says that a 20 percent increase to the $13 minimum wage would see it jump to $15.60 and nearly 275,000 people earn less than $15 an hour in New Zealand.
“We need fair policies, like immediately raising the minimum wage to $15 an hour, to reduce income inequality in New Zealand.
“While the National Business Review celebrates the richest New Zealanders getting richer it is important to remember that one quarter of all New Zealand children are growing up in poverty, that’s about 270,000 kids,” Ms Turei says.
The Labour Party says the list highlights a “terrible tragedy” for equality in New Zealand.
Leader Phil Goff says he congratulates those who feature on the rich list for their good fortune but says “it’s not right that while some are doing so well so many other New Zealanders are struggling to survive”.
“Our society is becoming more unequal. While the rich are getting richer, middle and low-income families are struggling to put food on the table, petrol in the car and to heat their homes,” he says.
Mr Goff says the reason for some of the wealth generated by the people on the list is a lack of a capital gains tax.
“Many of those on the Rich List will have made their fortunes from capital gains that have gone untaxed while the average working Kiwi got a below inflation pay rise of 1.9% and they pay tax on every dollar they earn.”
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