The money go-around

Kiwiblog has an excellent post showing that the overall effect of the budget on bussiness. It is well worth reading and shows that the compulsory bussiness payments for kiwisaver ( a de facto payroll tax) represents the equivalent of a 5% increase in the company tax rate. It shows that bussiness is actually worse of under this budget than before this budget.

Explore posts in the same categories: Budget 2007, Micheal Cullen, Tax cuts

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