The People’s National Party (PNP) has indicated that its proposed income tax break will possibly cost about $55 billion.

The PNP has proposed raising the personal income tax threshold to $3.5 million up from $1.7 million, indicating it would be funded from organic revenue growth and without new taxes.

The cost was stated by Opposition Spokesman on Finance, Julian Robinson, while responding to questions during the economy debate last evening.

In a rebuttal, Jamaica Labour Party (JLP) team member, Dr. Christopher Tufton chastised the PNP for flip-flopping on its position about the income threshold.

He said the PNP’s proposal is not workable.

This was the first ever team debate on the economy.