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Friday, March 13

Government Policy to subsidise firm to kepp staff will mean fewer jobs

ACT New Zealand Finance Spokesman Sir Roger Douglas today predicted that the National Government's policy to subsidise firms to keep staff on the payroll would prove no more successful than France's move to a nine day, 35 hour working week.

"What it will do is cost the country jobs," Sir Roger said."While National wants to downsize the economy ACT - through regulatory reform - wants to grow it."The idea of taxing people who work, to help people not to work, is the height of stupidity," Sir Roger said.