Politics

Budget: Ardern rules out wealth tax after National challenge

17:23 pm on 2 May 2022

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The Prime Minister has twisted and turned over a wealth tax today - as the Opposition revisited a well-worn debate from 2020.

Jacinda Ardern first refused to rule out introducing a wealth tax in a future term, despite having done so during the last election campaign.

And by day's end - she was back where she started in 2020.

Here's our deputy political editor Craig McCulloch.