Excise tax illogical (NZ)

Excise tax illogical (NZ)

Excise on alcohol has been levied since 1868, so you would think anyone producing alcohol in any form would be used to it by now, but then, increases in the excise were linked to annual consumer price index (CPI) rises. Apart from the tax increases boosting the CPI, which in turn boosts the excise the next year like some demonic merry-go-round, it’s also a nonsensical, unfair and ignorant form of tax, writes Peter Morice in the Marlborough Express.

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