Main opposition's tax cut plans are too costly, minister says before vote

Plans from Greece's opposition for tax cuts could derail the country's fiscal strategy, its deputy finance minister said on Friday, two days before an election that polls show the opposition is likely to win.
The conservative New Democracy party has been promising tax relief including cuts in corporate, income and property tax, and a reduction in social security contributions. It also wants to raise the minimum wage and hire police staff.
Polls forecast it easily defeating Prime Minister Alexis Tsipras's leftist Syriza government in Sunday's election, which Tsipras called early after badly losing European and local elections in May.
"Everything they've pledged has a very high cost and it simply won't fit into budgets for coming years," George Chouliarakis told Reuters in an interview.
He said cutting tax rates would not boost growth by enough to increase state...

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