Quote:
A Case in Point
Go Bus, an iwi-owned transport company, has just won a major contract to run buses in South Auckland. They have succeeded in part because Trust ownership and the 17.5 per cent Maori Authority tax rate gives them a competitive advantage over businesses paying 28 per cent on income. Imagine giving all New Zealand companies that advantage against their global competitors.
Not sure whether NZ bus is the better company - but if our system requires them to fight with one hand tied to the back against Maori companies who have to pay less taxes, than it is no wonder they lost this contract ...