A vote for Labour is a vote to kill off any competitive impetus in our business sector.  Not content with lumping over $20 billion of new borrowing on to taxpayers, Labour’s plans will also kill off businesses.

Their plan to raise the minimum wage to $15 will cost 6,000 jobs, according to the research by the Department of the Labour.  But that is not all.

Labour also wants to put acapital gains tax on all businesses, more than double employer KiwiSaver costs, accelerate the ETS tax on the farming sector, cancel the 90-day trial period,  wind-back of National’s ACC changes, meaning higher ACC levies, add extra transport charges, and lift interest rates by their excessive borrow and spend Ponzi-style policies.

A vote for Labour is a knife in the back of many small and medium sized businesses – the backbone of the New Zealand economy.