Pattrick Smellie: BusinessDesk managing editor on ACT co-founder Roger Douglas turning his back on the party - Heather du Plessis-Allan Drive

ACT co-founder Roger Douglas has turned his back on his former party, claiming they “represent only the wealthy”.

Douglas voiced opposition for ACT's reluctance to end 'bracket creep'- which increases tax paid by average wage and salary earners because doing so would require higher taxes on wealthier people.

BusinessDesk managing editor Pattrick Smellie says Roger Douglas had a clear libertarian view for ACT, and recent policies go against that vision.

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