What would a change of Government cost farmers?

The Taxpayers’s Union has looked at what a change of government could cost NZ farmers. It isn’t pretty:

• Labour’s no rates cap – an extra $10k rates after three years
• Labour’s ute tax – $6,900 per ute
• Green’s wealth tax – $131k/year
• Green’s death tax – $2.07m
• TPM wealth tax – $150k/year

Imagine what food prices will be as farms become unprofitable with taxes greater than profits!