David Farrar: It’s a tax delay, not a tax break

Newsroom reports:

It’s audacious. It’s astounding. We’re doing the time warp again.

Even ministers struggled to comprehend the scale of the tax incentive scheme they’d signed off in the Budget. Shane Jones left his own noisy beer-and-crayfish Budget night party, upstairs in Parliament Buildings, to return to the House to check with other ministers whether there really was no cap on the size of an asset that could receive the 20 percent tax deduction.