Tuesday, December 10, 2013

Letter to Editor (Press): Amazon - Again - Columnist Mike O'Donnell.



Mike O’Donnell (9/12) welcomes the Revenue Minister cracking down on multinationals such as Amazon so they pay more tax. Tax is a dead cost to business. If we force more tax on these firms they have to increase the prices they charge for goods and services. O’Donnell is thus advocating for an increased cost of living for Kiwis. That is not a good thing. Why not reverse his thinking? So local retailers can compete, we need to get rid of GST. Then why not slash the size of a state that over 70 years of welfare has grown poverty and dependence, then we could reduce income tax to a level where these multinationals want to bring their profits to New Zealand. Use tax competition to become a wealthy nation.

Chances of this happening? None. Prepare to pay more for life in this theocracy of state, New Zealand.


Related Posts:

Bernard Hickey's Latest Outage, Sorry, Outrage.

Amazon is the Hero, Not the Villain in the Piece.

Labour's David Clark Declares War on the Consumer.

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