Wednesday, November 24, 2004
One sensible idea - and then straight back to type
After suggesting, quite rightly, that reducing the Company tax rate to 30% would give all New Zealand businesses a boost - Jim Anderton has reverted back to his officious self. Jim was at the opening of a new business in Palmerston North when he appeared to have a breakthrough of sorts when he said;
“If we work to turn around struggling businesses, we are accused of backing losers. If we work with successful businesses, to accelerate their growth, we’re accused of throwing money at businesses that don’t need it".Bingo! Bang on Jim. What the critics are saying is rather than a back door scatter gun "I'm Father Christmas" approach - why not sort out the RMA, make it easier for small business to employ (and release) staff, drop the company tax rate..... Generally make doing business in New Zealand easier for every business by getting the hell out of it and allow market forces to play out.