Reducing Gct As A Means Of Increasing Consumer’s Purchasing Power

Is the economy able to absorb a cut in the general consumption tax?the leader of the opposition has called for a 2 percent reduction. This call is being represented as a necessary tax break for the poor and vulnerable.

But have we arrived at a point in our economic recovery where the economy can absorb and be unaffected by what is likely to be a huge revenue loss.

Joining us, Dr. Damien King, Executive Director Caribbean Policy Research Institute And Simon Johnson, Capital Market And Senior Analyst Jamaica Money Market Brokers.