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Shaw hits back at Phillips' tax comments

Published:Wednesday | January 18, 2017 | 3:05 PM

The Finance Minister Audley Shaw says he is stunned that despite the successful implementation of the first phase of the so-called $1.5 million tax plan by the Government, Opposition spokesman on finance Dr Peter Phillips, would criticise the programme which he says has been accepted by Jamaicans.


Finance Minister Audley Shaw

He says Phillips did not have the moral authority to lecture him on taxes, because over his last four years in office, he imposed $60 billion in taxes.


Finance Minister Audley Shaw speaking in Paliament last night during the debate on the first Supplementary Estimates

The First Supplementary Estimates was passed by the House of Representatives following extensive deliberations on the proposal to increase spending by $12.8 billion this fiscal year.

READ: Phillips says J'cans worse off by Gov't's economic management

According to Shaw, the profile of the supplementary budget, passed last night is consistent with the primary surplus target under the precautionary stand-by arrangement.