The Change Guyana party yesterday announced that it would make sweeping across-the-board tax cuts should it be elected into office but it could not immediately say what measures would be implemented to cushion the likely deficits in revenue that would be created.
An immediate reduction in Value Added Tax (VAT) from 14% to 12% was floated.
“We do not agree with the level of taxation in Guyana today,” Change Guyana’s presidential candidate Robert Badal yesterday told a press conference at his Pegasus Hotel, in Kingston.