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Economist supports increasing income tax threshold to restore purchasing power

KINGSTON Jamaica Economist Dr Damien King has expressed his support for an increase in the income tax threshold, suggesting that a rise to $2.2 million would restore the purchasing power of income earners to 2016 levels when the threshold had been increased to $1.5 million. Prime Minister Andrew Holness hinted at an increase in the income tax threshold last month during the Jamaica Labour Party’s campaign ahead of the local. ....

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No surprise

Economist Dr Damien King and Opposition Spokesman on Finance Julian Robinson say they are unsurprised by the Bank of Jamaica’s (BOJ) assessment that inflation will remain higher than targeted until next year. King told The Gleaner on Thursday that. ....

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