PASOK-Movement for Change launched a direct attack on ND representative Akis Shertsos, about his reference to lowering indirect taxes on consumption. “Ideal Candidates for the Next Nobel Prize… Economic Bullying“, – reads the press service of the party. “Mr. Schertzos, during his many years of service as General Director of the BSE, has learned – as can be seen from his announcements – the following remarkable finances:

It argues that tax cuts on consumption — and in particular VAT, which New Democracy included in its 2019 election program in particular — benefit the wealthy, while tax cuts on distributable dividends of hundreds of thousands euros and millions of euros in parental asset transfers benefit the economically weak and middle class, not the powerful few that Mr. Mitsotakis backs and supports!” the post reads.

That the purchasing power of workers fell by 7.4%, according to the OECD and EU report, shows that there will be no real growth in 2023 either.

That the public debt has increased by 50 billion, and the trade deficit in 2022 was 12%, while this year it is set at 9.2%. Which is not happening across Europe, as New Democracy likes to claim, since Portugal, a country with similar economic characteristics, had a trade deficit of 1% last year and this year it is turning into a surplus of 1%.

In addition, he emphasizes that “The New Democracy government’s commitment to the EU to achieve 2.5% primary surpluses by 2026 portends a continuation of the unprecedented tax hikes on low and middle incomers through consumption taxes and a hidden New Democracy agenda. for the upcoming tax raid on freelancers and the self-employed.”

Source: RES-IPE

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