Reacting to
Science and Innovation Minister Steven Joyce's announcement that taxpayers will be
handing over another $1 million to early stage ICT
start-ups,Taxpayers' Union Executive Director Jordan
Williams says:
“Another week, another million
taxpayers' must fork out for Mr Joyce and his officials to
pick winners. When will this Government say enough is enough
and put a stop to corporate welfare?”
“Despite what
politicians say, they do not help business by taxing the
many to give handouts to a few sexy industries. If that
approach worked, the West would never have won the Cold
War."
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