Labour launches tax cut plans / Malta News Briefing – Tuesday 22 February 2022

1745- Latest News update

Times of Malta says Nationalist leader Bernard Grech does not exclude other electoral candidates withdrawing from the race in the coming days.

MaltaToday says The Green Party promises to sweep Maltese politics clean if elected into parliament in the coming election

Newsbook says questions sent by Newsbook.com.mt to the Chamber of Advocates asking whether it was looking into Prime Minister Robert Abela’s property deal remained unanswered.

TVM says that Prime Minister and Labour leader Robert Abela has said that if entrusted with his first term, tax bands will be expanded to reduce taxes for workers and businesses.

Mid-Day Briefing

Labour launches tax cut plans: Labour has launched plans for tax cuts, which will see the non-taxable portion of tax payers’ income increase by €1,700 as part of tax savings.  For parents, the first €12,200 of income earned will not be subject to income tax – up from the previous €10,500. Single persons will not be taxed on the first €10,800, while married persons will not be taxed on their first €14,400 income for the year. PM Robet Abela said that the measure would see €60 million more being left in people’s pockets.

Franciscan friars set to pocket €30 million in Madliena retreat house deal: The Franciscan friars are set to pocket some €30 million over 65 years from a deal with a developer to turn a Coast Road retreat house in Madliena into a six-storey home for the elderly, Times of Malta has learnt. The deal, which is yet to be signed, will see the two-storey Porziuncola Retreat House demolished and replaced with a 200-room care home spread.

Covid-19 Update: A 46-year-old woman died while COVID-positive overnight as 90 new cases were reported. There were 91 new recoveries and 50 people are in Mater Dei hospital, 3 of whom are in the ITU.

Morning Briefing

PN will get Malta out of grey-list in three months – Grech

Opposition Leader Bernard Grech said that a PN government will work to get Malta off the greylist within three months because it was a drag on the economy.

“We have a concrete vision not a vision of concrete… we have a vision and it is important for you to join us in this voyage to build a better Malta for you and your children,” Grech said, addressing party supporters in Valletta. Grech acknowledged the tough struggle for the Nationalist Party but expressed confidence that more persons were joining its ranks. “We have an uphill struggle. Abela has public funds backing him but we have the votes of people who want to see change, behind us,” Grech said.

Only PL credible enough to fulfil electoral pledges – Abela

Labour is the only party in the country with the credibility to fulfil its electoral promises, PM Robert Abela said on Monday evening. In a rally in Qormi, Abela said that “as we kept our word on infrastructure and roads, we will keep our promise on open spaces. We have a clear plan for a better quality of life”. Abela tackled some of the proposals pushed out by Labour so far, including the lowering of corporate tax for businesses. “If you give me your trust I will be the first Labour Prime Minister to lower tax for businesses, because we know they will use their savings to create more wealth for the country and their employees.”

Claudio Grech not contesting election

MP Claudio Grech will not be contesting the 2022 election. Speaking in Valletta, Grech, who is reponsible for the PN’s electoral manifesto announced on Monday he will “take a step back to make space for fresh faces” and not contest the general election
“I am taking a step back, I want to create space for somebody else and other candidates,” Grech said. In a reaction, PN leader Bernard Grech thanked the outgoing MP, who, he said, was and remained a “pillar” of the party. Grech was the fourth MP to sit out the next election, after Mario Galea, Clyde Puli and Kristy Debono.

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