Taxpayers’ Union shivers at thought of more corporate welfare for ski fields
The Taxpayers’ Union is slamming Cabinet's decision to provide yet another taxpayer-funded handout to Ruapehu Alpine Lifts (RAL), this time to the tune of $7 million.
Taxpayers’ Union Head of Campaigns, Callum Purves, said:
“We warned earlier in the year that taxpayer-funded bailouts for failing businesses would be a slippery slope and unfortunately we have been vindicated.
“Every dollar that the Government wastes on corporate handouts is a dollar that first had to be taxed from someone else. While the Government may claim that they are protecting jobs in the ski industry, the taxes to pay for this corporate welfare costs jobs in other industries.
“The Government would be better to let RAL go under and allow a new buyer to come in as a replacement – including leaving the door open for an international investor. This would allow a financially viable operator to take over the ski field while also saving taxpayers from funding unnecessary corporate welfare in the middle of a cost-of-living crisis.
“Once businesses realise that they can get money by coming cap in hand to the Government, the potential for pork-barrel politics and back-room deals is increased as businesses begin to respond to Ministers instead of markets.”