PM: VAT cut would not have brought masses relief
There would have been no real relief from a reduction in value added tax (VAT).
That was made clear in the House of Assembly on Tuesday by Prime Minister Mia Amor Mottley, as she sought to explain the Barbados Labour Party’s (BLP) decision to not pursue a reduction in VAT, arguing that such a move would disproportionately benefit businesses and higher-income earners rather than deliver real relief to ordinary Barbadians.
Speaking on the issue in the Lower House while introducing the Constitution (Amendment) Bill...