Monetary & Taxation

New Zealand Loyal – Monetary and Taxation Policy


New Zealand will adopt a revolutionary economic framework, creating its own coin, credit, and currency, while introducing a 1% transaction tax to replace all other taxes. This policy aims to propel New Zealand to unprecedented prosperity by harnessing its natural resources, eliminating predatory market manipulation, and aligning monetary policy with national interests.


Sovereign Currency Issuance

1. Creation of New Zealand’s Own Currency: The Reserve Bank of New Zealand (RBNZ) will create new money ex nihilo to fund government expenditures, eliminating reliance on external borrowing and interest payments.

2. Monetary Policy Alignment: The RBNZ will be brought under the New Zealand Treasury to ensure monetary policy is aligned with national interests and fiscal policy.


Transaction Tax

1. Replacement of All Other Taxes: A 1% transaction tax will be introduced on all financial transactions, including electronic payments, cash withdrawals, online transactions, and securities trades, replacing all other taxes.

2. Revenue Allocation: Transaction tax revenue will be allocated towards funding public goods and services, including increased infrastructure investment.


Increased Infrastructure Investment

1. Exploitation of Natural Resources: New Zealand will invest in exploiting its natural resources, including the Great South Basin and other oil reserves, to drive economic growth and prosperity.

2. Infrastructure Development: Increased infrastructure investment will focus on strategic sectors, such as transportation, energy, and education, to support long-term economic resilience.

Removal of New Zealand Dollar from Market Manipulation

1. Protection from Predatory Behaviour: The New Zealand dollar will be removed from market manipulation and predatory behaviour, ensuring economic stability and security.

2. Elimination of Inland Revenue: Inland Revenue will be eliminated, simplifying the tax system and reducing administrative burdens on taxpayers.


Benefits and Implications

1. Increased Economic Resilience: New Zealand will enjoy increased economic resilience, driven by sovereign currency issuance, transaction tax revenue, and strategic infrastructure investment.

2. Prosperity and Wealth: By harnessing its natural resources and eliminating predatory market manipulation, New Zealand will propel itself to unprecedented prosperity and wealth.

3. Simplified Tax System: The 1% transaction tax will consolidate and replace various existing taxes, reducing complexity and administrative burdens on taxpayers.

Conclusion

New Zealand’s Sovereign Currency and Transaction Tax Policy marks a significant shift towards a more resilient, prosperous, and sovereign economy. By harnessing the power of sovereign currency issuance and a simplified transaction tax, New Zealand will break free from the shackles of predatory market manipulation and external borrowing.

This policy will propel New Zealand to unprecedented prosperity and wealth, driven by strategic infrastructure investment, exploitation of natural resources, and a simplified tax system. As New Zealand takes control of its economic destiny, it will become a beacon of hope for nations seeking to reclaim their sovereignty and build a brighter future for their people.

With this policy, NZ Loyal reaffirms its commitment to putting the interests of New Zealanders first, ensuring that the country’s economy serves the people, not just the privileged few. Together, we can build a more prosperous, resilient, and sovereign New Zealand for all.

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About the author: Leader
Kelvyn Alp is the Leader of New Zealand Loyal.