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How the Gov't can raise $1.8 billion annually without taxing a single Jamaican
ID: INTERACTIVE DIALOGUE
DAVID MULLINGS
Sunday, May 01, 2011
How the Gov't can raise $1.8 billion annually without taxing a single Jamaican
ID: INTERACTIVE DIALOGUE
DAVID MULLINGS
Sunday, May 01, 2011
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THE president-elect of Haiti, Michel Martelly, recently visited Miami to engage the sizeable Haitian Diaspora in the rebuilding and development of the country. My fellow board member, Marlon Hill, the representative for the Southeast USA on the Jamaican Diaspora Advisory Board, shared a Miami Herald article with all USA board members via e-mail that quoted President-elect Martelly sharing an idea that I believe can be applied to Jamaica very easily (read the article by going to http://bit.ly/jaremit.
He proposed that a US$1 charge on every US$100 of remittance and a 5-cent levy on every minute of telephone calls would go into an education fund, raising a total of US$86 million per year. "The Diaspora will be able to send 860,000 kids to school for free and change their lives," was his reasoning.
He proposed that a US$1 charge on every US$100 of remittance and a 5-cent levy on every minute of telephone calls would go into an education fund, raising a total of US$86 million per year. "The Diaspora will be able to send 860,000 kids to school for free and change their lives," was his reasoning.
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