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No difference between public and business on tax

29 April 2005

No difference between public and business on tax

The general public agrees with business on tax, says Business NZ.

An NBR-Phillips Fox poll released today indicates 62% of New Zealanders feel they are overtaxed.

Business NZ Chief Executive Phil O’Reilly says this is consistent with the thinking of most people in business.

“Our members say too much tax is taken from them, and it’s affecting their ability to invest and grow.

“New Zealand businesses don’t want their hard-earned dollars taken from them and used for low value schemes, like so called ‘business advice’ services, grants and talkfests.

“They just want a tax cut so they can pay their workers properly, invest in plant and be more competitive.

“There’s been a 45% increase in government revenue in the last five years, taken directly from households and businesses. It’s no wonder there’s agreement between the general public and the business sector on the need for tax relief.”


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