I’ve heard our Prime Minister is preparing law to enable the Commerce Commission to have a sweeping set of powers to investigate fuel businesses and collect information on their profit margins. Did you know that this information is already freely available in the company’s annual report? You can access this information without the need for law changes that will force new compliance costs and ultimately the cost of doing business in New Zealand up higher than it has been recently. More importantly, you are guaranteed the information is accurate, since if a public company lies to its shareholders it gets sued.
Tag: Regressive Taxation
Regressive Tax Calculator
I always find it difficult to communicate to people why regressive taxation is bad policy.