Business confidence shows need for urgent tax reform
confidence shows need for urgent
FOR IMMEDIATE RELEASE
With business confidence falling
further and firms’ perceptions of their own
activity sitting at its lowest level since the GFC, tax
reform to kickstart productivity and wages is urgently
needed, says the New Zealand Taxpayers’ Union.
Taxpayers’ Union Economist Joe Ascroft
says, “Businesses need more than a working group. They
need real changes in policy direction, including tax reform.
Business breakfasts with CEOs and Cabinet Ministers simply
won’t cut it for the average small
“Company tax rate cuts – accompanied by
full capital expensing – would put a rocket under business
investment and put an end to the doldrums. If focused at
measures to boost productivity, the evidence shows that tax
relief would flow through to workers in the form of higher
Company tax issues, including full expensing of
capital, are discussed in the Taxpayers’ Union’s
submission to the Tax Working Group, available at www.taxpayers.org.nz/twg_submission.
© Scoop Media
Hope For Nature: A New Deal For The Commons
Joseph Cederwall on The Dig: The disruption and destruction of the interconnected biodiversity of Earth is the most serious challenge humanity has ever faced. This is an ecosystem emergency on an extinction scale. It is also a serious threat to the inherent rights of the diversity of non-human life, ecosystems and human Cultures on Earth to exist and thrive. The current global paradigm is devastating life everywhere by disrupting vital “ecosystem services” like the food, water, and climate regulation systems that both humanity and biodiversity depend on in an interconnected balance. It is increasingly clear that the primary driver of this crisis is the limiting and infectious worldview around land and resource use so central to the global capitalist system. To fully understand the biodiversity crisis and explore what comes next, it is necessary to address this mind-virus at the heart of our modern civilisation – the dominion worldview. More>>