Taxpayers’ Union welcomes ACT policy announcement to reduce red tape
Commenting on ACT’s ‘Policing Red Tape and Regulation’ policy announcement, Taxpayers’ Union Campaigns Manager, Callum Purves, said:
“Red tape and regulation are some of the biggest hand brakes on New Zealand’s prosperity. They make it more difficult for people to run businesses, hamper growth and investment, and ultimately drive up the costs of goods and services for us all.
“Unlike tax and spend policies, new regulations get little scrutiny. This leads to rules that are often unworkable and have many unintended consequences where any benefits of regulation can be significantly outweighed by the costs.
“ACT’s proposal to apply the same discipline to analysing regulations that we already do to public spending is a sound one that would prevent ill-thought-through rules being implemented and would reduce the overall burden of red tape on New Zealand.”