Labour's company tax pledge welcomed
Labour's company tax pledge
The Taxpayers’ Union is
welcoming Jacinda Ardern’s promise, in an interview with the Australian Financial
Review, to keep the company tax rate at 28% if
elected, and is encouraging Labour to be more transparent on
their other proposed taxes.
Williams, Executive Director of the Taxpayers’ Union
says, “With New Zealand already having one of the
highest company tax rates in the OECD, it is refreshing to
know that companies will not suffer from a hike in company
tax under a Labour-led government.”
of certainty is important for businesses. But they also need
to know how they will be affected by a capital gains tax or
a water tax, and at what
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Election Day Results
2017 General Election - Preliminary Count
National won 46% of the vote with Labour on 35.8%.
NZ First won 7.5%, with the Greens on 5.8%.
ACT held on to Epsom, but failed to get more MPs.
The Maori Party were wiped out of Parliament.
There are still special votes to be counted, but clearly National is in the box seat to form the next Government.
The Greens can not contemplate a deal with National.
So, Winston Peters will have to make a choice and could back National or a combined Labour/Green coalition.
The most likely result is National and NZ First will reach some sort of deal to form the next government.
Election Night Results
Advance Voting Statistics
General Election Information: Voters - Who, When And Where