Friday, 9 November 2001, 10:11 am Press Release: ACT New Zealand
Subsidy Reduction is Tariff by Another Name
Thursday 8
Nov 2001 Penny Webster Press Releases -- Economy
Jim Anderton's "subsidy reduction" should be called
what it really is - a backdoor tariff, ACT Customs
Spokesman MP Penny Webster said today.
"This
disguised tariff will be passed on from New Zealand
importers to businesses, who will then raise prices for
consumers. Mr Anderton's idea that this tariff will
force people to buy Kiwi-made products is nonsense. This
will increase the cost of New Zealand-made goods that
require overseas material. And it will push up the price on
products that we can't make here.
"Mr Anderton
hasn't even considered the impact on small businesses
that import and distribute unique goods and parts. This is
based on ideology. It may sound populist, but in the
end, New Zealanders will pay," Mrs Webster said.
ENDS
For more information visit ACT online at
http://www.act.org.nz or contact the ACT Parliamentary
Office at act@parliament.govt.nz.
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