The President of the People’s National Party, Dr. Peter Phillips, is calling for an immediate cut in the 16.5% General Consumption Tax, GCT rate.
The Opposition Leader is again saying that the current living standard is too difficult and that Jamaicans are in need of some form of relief.
He made the call while addressing a meeting of the party’s National Executive Council at the William Knibb Memorial High School in Trelawny.
Dr. Phillips says with the decline in the value of the dollar and increased prices, the approaching Christmas season is looking hard for many.
He says the people need immediate help and a reduction in the GCT is a good way of freeing up real money for the majority of Jamaicans.
The Opposition Leader is proposing a two percentage point reduction to 14 and a half per cent as a first step.
He reminded the NEC that the party in government had tabled a White Paper on GCT in 2012/13 which proposed a reduction to 10 per cent.
However, he says such a rate may not be achievable in one step.
Dr. Phillips says the real cause of low economic growth are the failed policies of the JLP government.