Social Democratic Alliance against Lowering Taxes Skip to content

Social Democratic Alliance against Lowering Taxes

Ingibjörg Sólrún Gísladóttir, chairman of the Social Democratic Alliance, wants to postpone plans for further aluminum plants in Iceland. She also said on RÚV that taxes should not be lowered in 2007 as the government has planned. Gísladóttir says that the most important problem for Iceland’s economy was inflation. The increased inflation seemed not to be a temporary “shot” but rather a “period of inflation” that would extend well into 2007.

Gísladóttir does not agree with Steingrímur J. Sigfússon, chairman of the Left Green party, that the Prime Minister is talking down the Icelandic krona by comparing it to the euro and saying that it was a small currency, sensitive to fluctuations. She says that you don’t need to be an expert to see that. The Social Democratic Alliance is the biggest opposition party in Althingi, Iceland’s parliament, with 20 members out of 63. The Left Green are also in opposition with 5 members of Althingi.

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