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Labour Doubles Down On New Zealand’s Productivity Crisis
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Scoop NZ - Politics
Labour Doubles Down On New Zealand’s Productivity CrisisTaxpayers’ Union is slamming Labour’s plan to axe Investment Boost, warning it would discourage business investment and make New Zealand’s productivity crisis even worse.
“Labour productivity growth has averaged barely 0.2 percent a year since 2019.
“Investment Boost was never ambitious enough, but Labour are moving in exactly the wrong direction by punishing companies for investing in themselves.”
“Full capital expensing is the single best bang-for-buck productivity boost.
The Taxpayers' Union's report 'Going for Growth: Full Capital Expensing' can be found at www.taxpayers.org.nz/full_expensing_mrAdvertisement - scroll to continue reading© Scoop Media