Former Inland Revenue chief economist Phil Whittington was one of the three lead authors on that paper, which was written for Labour’s abandoned 2023 wealth tax. He said he did not know of any country that had sustained such a broad wealth tax at such a high effective rate. NZMEThere is a simple solution to Treasury’s attack on the Green’s wealth policy. An Exit Tax or a Capital Flight Tax. Let’s help our mega wealthy whanau appreciate their patriotism by whacking on a 75% Exit Tax.