Included in its party policies, the SDP plans to reduce personal taxes and progressively increase the minimum tax thresholds over a period of time.
Party leader and candidate for NCD Governor seat, Powes Parkop, said they will encourage personal savings and individual spending on goods and services.
The policy outlines that the spending will lead to acceleration in economic growth, reducing the need for Government deficit.
When people save, it will lead to capital formation and investment, reducing the need for the Government to borrow.