Mitsotakis: Tax cuts without prior approval of creditors

11 January 2017
241 Views

Main opposition New Democracy (ND) president Kyriakos Mitsotakis on Tuesday emphasized that if elected prime minister his government will proceed with tax cuts for businesses and self-employed professionals without the prior approval of institutional creditors.

Mitsotakis, a former minister, spoke on the occasion of the one-year anniversary of his internal party election victory to assume the helm of center-right ND.
Speaking live on a local television station’s prime-time newscast, Mitsotakis directly referred to a “unilateral reduction” of tax rates.

“It’s not possible for 80 percent of a self-employed professional’s income to end up with the state,” he said, repeating his party’s leitmotif of reducing tax rates across the board, particularly the corporate rate.
Nevertheless, he expressed confidence that creditors’ will approve ND’s plan, which will include specific spending cuts.

Asked on touch on a sensitive issue that often haunts the pro-reform Mitsotakis, namely, possible redundancies in the public sector, the ND president and son of former premier Constantine Mitsotakis said spending cuts do not translate into firings — while excluding illegal hirings of contract workers.

Besides economic issues, which dominate the party’s policy planks, Mitsotakis promised that a ND government will build and operate at least one high-security prison, charging that the current leftist government abolished higher security wings at current penitentiaries.

Finally, he charged that the current government and relevant minister have miserably failed to deal with the refugee issue.

You may be interested

Turkey blasts Greece over decision to grant asylum to 8 Turkish officers
GREECE
shares21 views
GREECE
shares21 views

Turkey blasts Greece over decision to grant asylum to 8 Turkish officers

makis - May 25, 2018

The Turkish Foreign Ministry’s spokesman described the decision by the Greek legal system to grant asylum to the eight Turkish…

Moving moments as Pontian Greeks sing at Harry Klynn’s funeral
GREECE
shares22 views
GREECE
shares22 views

Moving moments as Pontian Greeks sing at Harry Klynn’s funeral

makis - May 25, 2018

Greek comedian Vassilis Triantafyllidis, known by his stage name “Harry Klynn”, was laid to rest in Kalamaria at the Church…

Greece-FYROM talks: No deal!
POLITICS
shares21 views
POLITICS
shares21 views

Greece-FYROM talks: No deal!

makis - May 25, 2018

Special UN negotiator on the name dispute between Greece and FYROM Matthew Nimetz said there was no agreement between Foreign…

Leave a Comment

Your email address will not be published.