Monday, August 17, 2026
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Is Corporate Income Tax putting too many eggs in one basket?

That’s a concern of economist Craig Simmons.

International Business already contributes heavily to payroll tax, and CIT revenues will come from the same sector.

Premier David Burt in this year’s budget said other taxes on the sector would be reduced – such as employer payroll tax. So what will be the net revenues? Economist Craig Simmons wants answers.

He also told Gary Foster Skelton that tax reform could include a value added tax, or even tax credits for low income earners… and he says it’s incumbent on middle and high income earners to support those at the bottom.

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