Chamber attack tax plans
Friday 20th February 2004, 12:00AM GMT.
THE proposed tax measures are coming in too early and States savings are being delivered too late, according to the head of the Chamber of Commerce.
At the Chamber’s quarterly lunch yesterday, chairman Bob Hassell said that a strategy team had been set up to review the recent tax proposals but added that there was an urgent need for the States to address deficits.While he criticised ‘alarmist comments’ from politicians and unions who wanted to ‘bury their heads in the sand’ over current deficits and the expected tax shortfall of up to £100 million in 2008, he said that real alternatives to passing the burden on to individual taxpayers were needed.A Chamber poll revealed that:57 per cent of members were against a sales tax.67 per cent were against an employment tax.75 per cent wanted support for business growth.76 per cent supported reductions in capital expenditure.98 per cent supported reductions in revenue expenditure.
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