Labour is vowing to create a new top tax tier for people earning more than $180,000 a year if it is re-elected into government.
The party unveiled its tax policy in Wellington on Wednesday, saying its plans strike the right balance for the Covid-19 recovery. The increased tax rate would affect two percent of New Zealanders, and raise $550 million a year.
But Labour's allies and its opponents are already criticising the plan.
The Greens say it doesn't go far enough, while National thinks there are more taxes to come.
RNZ political reporter Charlie Dreaver was at the announcement and filed this report.
Following the report Lisa Owen spoke to Labour finance spokesperson Grant Robertson:
