P.U.P. declares opposition to business tax

The People’s United Party has officially declared its opposition to the new business tax proposed by the government. Calling the new measure unfair, inflationary and detrimental to the nation’s economic health, a P.U.P. release says that the accompanying cut in personal income tax is merely a shameless and irresponsible attempt to buy votes and that the majority of people will see any gains in their disposable income eaten up by higher prices and fewer jobs. Meanwhile Prime Minister Esquivel is said to be meeting with advisors to revise certain aspects of the business tax in the face of pointed criticism from the private sector but will reportedly stick to his guns on the issue of replacing corporate income tax with the easier to collect gross receipts tax. That tax will be the topic of discussion on tonight’s “One On One” show.