Tax: Is this true?

[Willi]

255,000 pay income tax from 2.5 million?



That is an astonishing figure. No wonder the economy has been in trouble for so long. At the same time, I wonder what he can mean by "revolutionary step". One option would be to require up-front annual payment of licence fees for every type of activity and shut down businesses which cannot show proof. Another would be to require payment for every service government provides in addition to taxes. Finally, there is massive lay-offs which would mean even more social problems.


"The Prime Minister informed listeners about the direction Cabinet was taking by noting that government will be using every effort to collect income tax.

There are 255,000 persons who pay income tax. If you were to remove the Pay As You Earn people out of that number, only 5,000 are left. There are more than 5,000 (persons) who should be paying income tax who are not paying income tax.

We have to make sure that each of us pays our share so that the burden of those who carry it now can be lightened. It is a dramatic strident, an almost revolutionary step that we will have to take," the prime minister told his listeners last night."

[Assasin]

them fraid but we might as well stop collect income tax and raise the GCT. No government will have the balls to do that but that could improve tax collection and business investment.

I know nuff people a go vex but when you look pon how many higglers, babers, small business people we have who don't pay for license, don't pay any income tax and no eduction tax it is amazing.

[Islandman]

Would not surprise me in a JA where such a large part of the economy is informal.

I would agree with anything that spreads the tax net wider and the tax rate on the PAYE people can be reduced to compensate for that.

As you say govt services, GCT, toll road, etc.

That is what, like 10% paying income tax?

[Assasin]

and remember a lot of companies and government institutions don't pay their deductions either.