25 April - 1 May 2001
Labour Party spokesman Leo Brincat told The Business Times that nobody knows how the benchmarking exercise is going to work. "It is useless talking about the broad as pect of benchmarking because details are more important, he insisted.
Mr Brincat continued, "It is one thing if the benchmarks are drawn fairly and in consultation with the constituted bodies and a totally different thing if the benchmarks are drawn arbitrarily by the Tax Compliance Unit."
Asked by The Business Times about the Labour Partys position on VAT, Mr. Brincat reiterated that the party is currently monitoring the situation.
"VAT needs to be amended to bring it in line with EU legislation and the Labour Party will monitor the changes and announce its position at a later stage, well ahead of the general election", Mr. Brincat explained.
The Labour Party had replaced VAT with CET when it was elected to govern
in 1996. At the time the party told voters that it was Absolutely
your [their] last chance to remove VAT. In a recent interview
on Lou Bondis Virtwali, former Labour minister Lino Spiteri claimed
that prior to 1996 the MLPs decision to remove VAT was taken without
any internal discussion on the matter.