Mitsotakis: Reduction in tax rates ‘non-negotiable’

15 December 2017
289 Views

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis this week again reiterated his party’s standing position that a reduction in tax rates in the country is “non-negotiable”, regardless of whether institutional creditors accept the Greek side’s requests for lower annual primary budget surplus targets – as a percentage of GDP.

“We must point out that reduced taxes do not mean, by necessity, less revenues for the state. There are instances when a reduction in tax rates can lead to an increase in revenues. This occurred, in fact, with VAT rates in the food and beverage sector, which was undertaken by the Samaras government (2012-2014), when state revenues increased,” he said.

Besides Mitsotakis’ continued emphasis on reducing taxes in the still bailout-dependent country, he again referred to accelerated reforms in the state administration and economy, as well as stepped up privatizations.

His statements were carried in a new Athens daily, “Phileftheros”.

You may be interested

Lotto results: Saturday 21 July 2018
GREECE
shares26 views
GREECE
shares26 views

Lotto results: Saturday 21 July 2018

Panos - Jul 21, 2018

The winning numbers from the Lotto draw on Saturday 21 July 2018 are as follows:

The miracle berry that fueled Alexander & his Macedonian Army’s conquests
GREECE
shares36 views
GREECE
shares36 views

The miracle berry that fueled Alexander & his Macedonian Army’s conquests

makis - Jul 20, 2018

Scientists say that a superfood berry was widely consumed by Alexander the Great and his Macedonian army as they set…

14 injured in northern German city after knife attack
WORLD
shares36 views
WORLD
shares36 views

14 injured in northern German city after knife attack

makis - Jul 20, 2018

A man has reportedly used a knife on a bus and injured at least 14 more people injured after a…

Leave a Comment

Your email address will not be published.