Tax Relief Risks Perception of Corruption


 

“Winston Peters’ promise of tax relief for the racing industry risks creating the perception of US-style corruption”, says ACT Leader David Seymour.

 

“Mr Peters and NZ First have taken large donations from the racing industry in the past.

 

“For example, in 2008, the Dominion Post reported that a number of donations totalling at least $150,000 had been made to NZ First from accounts linked to the Vela family.

 

“This policy risks looking like a quid pro quo for the industry.

 

“Of course, there is no such thing as a free lunch, every dollar of tax relief for the racing industry has to be picked up by other taxpayers.

 

“Mr Peters is too close to the industry to be its Minister. This could be solved by collapsing responsibility for racing into the Sport portfolio,” says Mr Seymour.