Budget 2015: Budget could have cut company tax
The Budget should have provided a vision of progressively lower taxes for business, says ACT Leader David Seymour.
“The best thing the government can do to create job opportunities is forecast a welcoming environment for business and
investment.
“New Zealand has one of the highest company tax rates in the OECD, even compared to famously egalitarian nations like
Denmark and Sweden. We need to step up our game if we are to attract job-creating business and investment.
“ACT proposes a long-term programme of cuts in company tax – from 28% to 20% over eight years. This sends a simple
message: ‘New Zealand is open for business’.”
ENDS