David Farrar: What would a change of Government cost farmers?

The Taxpayers’s Union has looked at what a change of government could cost NZ farmers. It isn’t pretty:

• Labour’s no rates cap – an extra $10k rates after three years

• Labour’s ute tax – $6,900 per ute

• Green’s wealth tax – $131k/year

• Green’s death tax – $2.07m

• TPM wealth tax – $150k/year

Imagine what food prices will be as farms become unprofitable with taxes greater than profits!

David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders