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Home » Local News

Coalition culture already in action - Alternattiva Demokratika

AD-6Feb08.jpegAlternattiva Demokratika has reacted to the Prime Minister's proposal for an income tax reduction. Chairperson Dr. Harry Vassallo stated that "Even in such an early part of the campaign it is becoming ever more evident that the environment for a coalition is fermenting with every passing day."

"One of the major proposals we made last Saturday for a coalition was to lower the maximum rate of income tax from 35% to 30%. We have been making this proposal for the last two years during budget time but the Nationalist government did not agree. Now on the eve of the election Dr. Gonzi has taken our proposal and made it his own."

"The Greens are starting to set the political agenda even outside of parliament."

Party spokesperson on Finance and the Economy Edward Fenech said "AD welcomes the adoption of its proposal by the Prime Minister. It is truly a welcome case of better late than never. However we cannot help stating that by not stating how any shortfall in government revenue is to be financed, Dr Gonzi is adopting the same irresponsible position of Labour in 2003 who promised a two-month tax holiday without declaring where the money was to come from. AD has been very clear in its proposal and stated that any shortfall in government revenue from its proposal should come from an increase on the tax rate of banks from 35% to 40%. It would have been far more like a serious future Prime Minister to cost such a proposal at least to the extent that we have done with ours."

Dr. Vassallo concluded that "The next government will be as accountable to our EU partners as the last. It would be interesting to learn whether the government has consulted with the EU Commission about the possible shortfall in revenue it seems to be contemplating. On the basis of this extraordinary PN promise voters are being asked to believe that public finances are more than sound. It was the same in 2003. It would be intolerable if after the election the government blames the EU for not keeping its promises as it is doing now with regard to hunting in Spring."


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