None
EN
Labour Business Policy A $5 Billion Tax Grab
[]
Business.Scoop
That is more than $5 billion ripped away from small businesses and pocketed to help fill their $18.2 billion funding gap,” Ms Willis says.
“For every four dollars National is putting behind business owners buying new machinery and equipment, Labour would leave less than one.
“Scrapping National’s $6.6 billion Investment Boost to fund a $1.56 billion fig leaf means business owners lose the incentive to invest in genuinely transformative, productivity-enhancing equipment.
It is nothing more than a $5 billion tax grab dressed up as a business policy.
“This is a huge blow for small business owners.