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10/15/2013 12:00:00 AM


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Barrett, Richard Boyd

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Financial Resolution No. 7: Income Tax

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Financial Resolution No. 7: Income Tax

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Financial Resolution No. 7: Income Tax

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Deputy Richard Boyd Barrett

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Deputy Richard Boyd Barrett

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Richard Boyd Barrett

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Snippet Contents:

We are trying to get our heads around what is quite a technical motion and a change designed to impose a higher level of tax on savings but the explanations and assurances being given to us by the Minister are not really satisfactory. We have no examples whatsoever in front of us and there is a legitimate concern that small savers and ordinary people could be hit. This underlines the point that it is utterly unacceptable that we should even be discussing this without proper examples and briefings and we have no choice but to vote against it on that basis. We cannot support something that is not being properly explained, with examples provided and assurances given as to who and how many it will affect and so forth. We have no choice but to oppose this resolution.