MINISTER OF FINANCE, Camillo Gonsalves, is of the firm view that the government's tax initiatives and other adjustments that would allow workers to keep more money in their pockets are far superior to what they will save as a result of the promised cut by the New Democratic Party (NDP), in the Value Added Tax (VAT). Speaking to some of the financial policies contained in the national manifesto of the Unity Labour Party (ULP) at its launch at Colonaire on Sunday, November 16, 2025, Gonsalves said: "The ULP manifesto brings plans and programmes for the people of St Vincent and the Grenadines". He provided a comparative view by way of an example.
"We have in this manifesto a commitment to reduce income tax to 22%, and a commitment to raise the threshold before which you don't pay taxes to 30- thousand dollars. A proposal like that makes a difference in the pockets of working people in St Vincent and the Grenadines," Gonsalves told the crowd at the mass rally at the Irvin Warrican Playing Field.