From time to time, either a PLP Government or an FNM Government have actually reduced taxes, usually to comply with some WTO requirement or the other.
Of course the opposition party at the time, accuses the Governing Party of Special Interest politics.
Special interest politics is nothing new. As Dr. Steve Horwitz pointed out in The Freeman "…all political officials gain from providing benefits to the private sector, hoping different politicians and bureaucrats will do better is just rearranging the deck chairs on the Titanic."
One group is prone to say "Enough with the catering to special interests… An alternative would be for a reduced business license fee for small, growing companies…" or the like
In other words, the special interest group that should get the benefits using the power of Government should be chosen by the Opposition Party, whomever that might be and not the Minister of Finance currently holding office.
Special interest policy making is wrong whether it is with tax incentives for business or handouts for individuals and begs the question if any government has the right to dig into taxpayer wallets when they’ve borrowed and spent the country into a difficult spot.
If only for future generations, politics should be more than a fight to determine who gets the privilege to grant government favours at taxpayer expense.
"The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices paid by others." Thomas Sowell
Politics is the art of making your selfish desires seem like the national interest.Thomas Sowell (2013). “Ever Wonder Why?: and Other Controversial Essays” (pdf), p.328, Hoover Press