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ATHENS – Prime Minister and New Democracy leader Antonis Samaras unveiling on Saturday live on TV his party’s National Reform and Development Plan he presented a series of tax reforms that will not burden the deficits but will strengthen the growth process.

The major reversal, said Samaras will be the reduction of all the tax rates that will be applied gradually in order for the country not to return to the deficits. “We will proceed with incentives for the repatriation of the capital…this will be achieved with the completion of the agreement after the memorandum through which we will succeed a reduction of interest in order the primary surpluses to fuel to the social sector. All those comply with our targets provided the normalcy will not be disturbed” he said.

Samaras presented the map of the post-memorandum Greece that foresees the economic planning, the reforms, the tax reliefs and the strengthening of the social state “Greece will return to the level before the crisis through seven sectors. Agriculture growth, tourism, energy and environmental sources, research and technology, shipping, logistics, pharmaceutical industry and transit trade, that will bring 50 billion additional euros and will create 750,000 job positions. The truth is more impressive because in the latter are not included the sectors of construction, trade, development of Greece’s cultural heritage, metallurgy and advertising. Every day from now on will be better than the previous one. Development for us means investments.

He also said that his target is sweeping changes and competitiveness everywhere with investments that support the entrepreneurship, reforms that strengthen the competitiveness and favour new businesses’ entrance, the development of the State property and privatisations, reforms in the labour market and in the public administration for a small and flexible state and reforms to tackle the corruption and the tax evasion.

Samaras committed that there will be no more “cuts in pensions and incomes. We now enter into growth and there will be increases. ENFIA (Single Real Estate Ownership Taxation) will be further reduced and the first home will be fully protected”.

Attacking SYRIZA party, Samaras said that “they are an accident that will not happen to Greece. We will win the populism not to divide but to unite the Greek people…on January 25 elections we are called, as a nation, to decide the Greece we want. We must move ahead and take our fate in our own hands, to escape from the populism”.

The post Samaras Unveils Tax Reforms appeared first on The National Herald.

Source: The National Herald
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