Pushing on an open door

RNZ has polling today on taxing billionaires, and its not good for the plutocrats:

The second poll commissioned in February 2026 revealed that 66 percent agreed that New Zealand's economic system was not set up to effectively to address issues like housing, healthcare and climate change.

Half of New Zealanders also agreed that billionaires shouldn't exist while people still struggled with basic necessities like food.

Sixty-eight percent supported billionaires being taxed more to fund public goods like healthcare, housing and climate action.

And another 37 percent were in favour of introducing a billion-dollar wealth cap to minimise the amount of wealth any person could legally hold.

This level of economic dissatisfaction and support for taxing billionaires means that taxing wealth fairly is pushing on an open door. The public is waiting for the government to do it, but so far only the Greens and Te Pāti Māori have committed. Meanwhile, Labour is still flailing around with its weak and pathetic "let's not actually tax anybody" capital gains tax. Will they rise to the occasion and lead people where they want to be led? Or put their own property portfolios before the public and continue to be toadies for the wealthy?