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Golding to address nation on taxes tomorrow

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  • Golding to address nation on taxes tomorrow

    JamaicaObserver.com
    Tuesday, December 22, 2009

    PRIME Minister Bruce Golding is expected to announce a revised tax package during a national broadcast to be aired tomorrow, on all radio and television stations.

    A statement from Jamaica House today said that Golding's decision followed a set of new proposals made during meetings with Cabinet members and officials from the Ministry of Finance.
    This after he announced on Sunday that he would review the taxes following massive public outcry against the taxes, announced by Minister of Finance Audley Shaw in Parliament last Thursday.
    It is reported that GCT on basic food items is to be rolled back and alternative taxes introduced. The taxes which included an increase in GCT by one percentage point to 17.5 per cent, the imposition of GCT on previously exempt items and a 15 per cent tax on the price of gasoline products leaving the Petrojam refinery.
    Announcing the package Government had said the taxes were necessary to find $21 billion of revenue to finance the programme negotiated with the International Monetary Fund (IMF).

    http://www.jamaicaobserver.com/lates...taxes-tomorrow
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    It nuh matter wha dem duh. The Obstructionists are going to obstruct and people going to complain that the gov't isn't for the poor.

    These harsh measures should have taken place earlier, by now people would have gotten used to it. If it had been applied earlier, the obstuctionists wouldn't have any talk ... but they were given time to get on their feet again.
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

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    • #3
      Originally posted by Lazie View Post
      It nuh matter wha dem duh. The Obstructionists are going to obstruct and people going to complain that the gov't isn't for the poor.

      These harsh measures should have taken place earlier, by now people would have gotten used to it. If it had been applied earlier, the obstuctionists wouldn't have any talk ... but they were given time to get on their feet again.
      That's correct! He dithered & denied too long.

      However these orthodox measures will at best stabilize Jamaica in an already sorry position.

      Much more is needed, but Golding has neither the time nor the vision to do what's necessary.
      TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

      Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

      D1 - Xposing Dummies since 2007

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      • #4
        I am with out, let him go ahead and Tax dem.

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