Political Leader of the People’s Action Movement, Mr. Lindsay Grant, highlighted problems in the proposed Value Added Tax (VAT), and outlined a further concern to food security in the Federation.
Grant recalled that, “During the run-up to the election the Government denied the fact about VAT introduction. Make no mistake, it is not a global financial crisis that hit St. Kitts-Nevis, it is 15 years of recklessness by Denzil Douglas.”
Mr. Grant explained, “The truth is that each one of the taxes the Prime Minister today says the VAT is set to replace has a rate – So why is it that up until now, we cannot know the VAT rate? Yet the Government has the gall to introduce a 150-page VAT Bill into Parliament this past Wednesday, but not put in the most important piece of information, the VAT rate.”
The PAM Leader registered very strong concern over the high-handed manner that the Labour Government has taken to impose VAT upon the people of the Federation, and went onto express caution to the matter of food security.