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Source: Taxpayers Union

‘Tar baby’ report exposes Kiwibuild as welfare for the rich, waste of money
Responding to the release of the New Zealand Initiative’s new report, Kiwibuild – Twyford’s Tar Baby, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says: “While the Taxpayers’ Union would not have used such inflammatory language, we agree with the report’s conclusion that Kiwibuild represents a costly transfer of wealth from the general taxpayer to the relatively well-off.” “Kiwibuild is made especially expensive by the various regulatory taxes that drive up the cost of land and construction. The Government would be better off addressing these stressors than throwing taxpayer money at the problem.”ENDS
ENQUIRIES:Louis Houlbrooke021 950 191 NOTES TO EDITORS:
The New Zealand Taxpayers’ Union is an independent and membership-driven activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power. Its mission, lower taxes, less waste, more transparency, is supported by more than 36,000 subscribed members and supporters.
The Taxpayers’ Union operates a 24 hour media line for comment on taxpayer issues. Representatives are available on (04) 282 0302.
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