Posts Tagged ‘richard taylor’

Lord of the tax breaks: A history of capital flight threats

Written By: - Date published: 7:53 am, October 27th, 2010 - 90 comments

The Hobbit ‘crisis’ is just the latest in a series of capital flight threats from Jackson and Hollywood. We’ll end up paying more to stave off the threat of capital flight because the wider economic benefit makes it worthwhile. Key is trying to talk down how much we can pay but he bears responsibility for talking up the ‘crisis’ to put the boot into unions.

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