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Deputy Charles Parkinson has poured scorn on plans to hike income tax to 22% saying it won't solve the island's money woes.
Yesterday at Beau Sejour, many of the Island’s elected officials were briefed on the 2025 Budget proposals before the media were given the full rundown.
While most were quick to avoid any questions from reporters as they left the presentation, the general consensus was that the proposals don't go far enough.
Pictured: Deputy Charles Parkinson was one of a number of politicians who weren't convinced by the proposals for next year's budget.
Deputy Charles Parkinson said: “These proposals are just not going to solve the problems they think they’re going to solve.
“We need a more general tax reform. If companies employ Guernsey workers, and they do business here in Guernsey, they should pay tax in Guernsey.”
That is a point of contention that’s been long on Deputy Parkinson’s list, with his alternative to GST, of a territorial corporate income tax (CIT) system, in January 2023 confirming his stance.
Pictured: Deputy Lyndon Trott, President of P&R, going through the details of 2025's budget proposals.
Deputy Lyndon Trott, the President of Policy and Resources, laid down the gauntlet to any of his colleagues who say this budget doesn’t go far enough.
“If they think we should be doing more, then I would encourage them to bring amendments that look to raise additional revenues. What I would not encourage them to do is bring any more amendments that erase spending.
“Part of the problem has been the demands from the departments within the states who have wanted more. We have by and large accepted about half of those requests and rejected about half.”
You can read more about next years budget and the details that were shared yesterday HERE.
2025’s “Progressive Budget” is the “only choice” after GST thrown out
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