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Minister defends move to fund spending with 'windfall' tax revenue
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Minister defends move to fund spending with 'windfall' tax revenue
A “CHALLENGING economic environment” lay behind a decision to use revenue from a new global tax regime as a way of funding its spending, the Treasury Minister has said. Speaking during yesterday’s States sitting, Deputy Elaine Millar addressed the matter following a question from Deputy Jonathan Renouf, who pointed out that there had been a previous pledge to use the money from the “Pillar Two” regime to replenish the Island’s Stabilisation Fund…
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