Shaw hits back at Phillips' tax comments
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.
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.
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.
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.