Income, sales taxes proposed in Kuwait | GulfNews.com:
"Kuwait’s Emir Shaikh Sabah Al Ahmad Al Sabah has said that the country plans to cut heavy subsidies on fuel and power in a bid to offset a fall in oil revenues.
“We will lift subsidies and will raise the prices of petrol, electricity and water” and reduce subsidies for other services, a Kuwaiti daily quoted the Emir as telling editors of local newspapers.
Kuwait is the only member of the six-nation Gulf Cooperation Council (GCC) that has not hiked the prices of petrol and power after income from oil plunged."
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