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Октябрь
2024

Finance Minister: Making COLA tax-free would create 'two classes of workers'

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Removing tax from the Cost of Living Adjustment would lead to having "two classes of workers", Finance Minister Clyde Caruana said on Wednesday. Caruana argued that the anomaly would arise because thousands of workers covered by collective bargaining deals do not receive COLA. Instead, those workers tend to have an annual increase included as part...














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