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People Power ... tun up di ting!

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  • People Power ... tun up di ting!

    Chicken prices to go up


    Consumers will soon have to pay more for chicken meat due to the tax measures announced last week by Finance Minister Dr Peter Phillips.
    President and CEO of Jamaica Broilers, Christopher Levy, explains that with GCT to be added to animal feed combined with higher costs for electricity and packaging material these will have to be passed on to consumers.
    Mr. Levy says the industry is not in a position to absorb the costs.
    He did not give a time line for the increase.
    Most of the new tax measures will take effect on Friday.
    "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
    Interesting video clip .... http://www.youtube.com/watch?v=Dy-efziHEkg

    Look like tings sort out now!
    "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)

    Comment


    • #3
      She deserves an Oscar for this!
      Now we see why she get the red carpet award. Outstanding werk!
      LoL

      Cock mout kill cock.

      What needs to happen now is for her and the rest to realize that we live in REALITY not a Hollywood fantasy and for us to come togeddah and solve our mess that WE created!!!

      We made this mess and WE must fix it. Time for GENUINE effort. The acting skill can be parked...
      Last edited by Willi; May 30, 2012, 05:29 AM.

      Comment


      • #4
        Gov’t betrayed the marginalised, poor
        Opposition raps tax measures, failure to implement full reforms
        BY BALFORD HENRY Observer senior reporter balfordh@jamaicaobserver.com
        Wednesday, May 30, 2012


        OPPOSITION Spokesman on Finance Audley Shaw yesterday accused the Government of betraying “marginalised and poor people” by taxing basic foods without putting in place an enhanced welfare programme.
        The welfare programme, he said, should be a compensatory conditional cash transfer initiative to ease the burden on the poor, which he said should have been an essential feature of the tax reform proposals.
        Shaw, who called the Government’s tax package the largest in Jamaica’s history, said that the one percentage point cut in the General Consumption Tax (GCT) rate fell short of the level envisaged in the Green Paper on Tax Reform he had tabled as minister of finance in the previous administration, stating that the consumption tax should have been cut from the 17.5 per cent to 10 per cent instead of only 16.5 per cent.
        “The tax measures proposed of $19.36 billion (1.4 per cent of GDP) covers a 10-month period. The value of these tax measures over a full year is over $23 billion (1.8 per cent of GDP), making it the largest tax package in the history of Jamaica,” Shaw told Parliament yesterday, as he responded to the opening presentation in the 2012/13 Budget Debate last Thursday by Finance Minister Peter Phillips.
        He said that the tax measures, instead of being implemented on a basis more consistent with the objectives of comprehensive tax reform, “were hurriedly put together to collect some money without due regard for the negative consequences for some sectors of the economy”.
        Shaw also criticised the Government for failing to implement a “full roll-out” of the tax reform proposals which, he said, could have produced a “real economic stimulus”, even if it created some discomfort.
        “This would have come from a significant increase in the personal income tax threshold rate and a more substantial lowering of the GCT rate which, combined, would boost consumer spending from the additional available disposable income,” he said.
        Shaw said that an economy in distress either needs a stimulus, by way of increased spending, or a tax expenditure programme that encourages investment and growth in the productive sectors.
        “These measures offer no stimulus and, instead, run the risk of causing contraction in some critical areas of the productive sectors, including tourism telecommunications and business process outsourcing, agriculture and small businesses,” Shaw stated.
        He said that the initiative of widening the tax base was inextricably linked to providing more resources for welfare assistance, as the country transitions to a more vibrant economy, offering jobs and opportunities to its citizens.
        “By implementing these half-baked measures which are injurious to growth in some sectors, the minister is squandering the opportunity of tax reform to begin the major restructuring of the economy that is needed for the economy to earn its way out of the debt trap that we are in and to create jobs,” the Opposition spokesman said.
        Shaw, in lashing Prime Minister Portia Simpson Miller for going back on her pre-election promise to remove GCT from electricity, said the tax increase for persons using over 300 kilowatt hours of electricity from 10 per cent to 16.5 per cent was a “broken promise” that could wreck a number of small businesses.


        Read more: http://www.jamaicaobserver.com/pfver...#ixzz1wM8BnTsg

        Comment


        • #5
          So cruel, Prime Minister!


          Wednesday, May 30, 2012











          Dear Editor,

          An open letter to the Prime Minister.
          Prime Minister Portia Simpson Miller



          Prime Minister Portia Simpson Miller


          #slideshowtoggler, #slideshowtoggler a, #slideshowtoggler img {filter:none !important;zoom:normal !important}
          1/1


          Most Honourable Prime Minister,
          I am still in shock! I am still in a dream. Maybe I will wake up Friday, June 1, 2012, or I will go into a coma.
          Madam, I cannot believe that you who came from the bowels of the working class, the bowels of the poor, could sit back and allow the minister of finance to raise basic food items by 16.5 per cent.
          Prime Minister, do you watch the local nightly news? Do you see and hear the cries of the poor and oppressed in this country? I am not talking about people who are hyping and calling themselves poor. I mean people who are dirt poor, like those who were shown in your constituency and another set in St Elizabeth a few weeks ago on TVJ.
          How on earth can you increase the price of bun, patty, eggs, milk and milk-based products, salt fish, salt mackerel, etcetera by 16.5 per cent?
          What is going to happen to the most vulnerable in the society? Those who are not in the safety net; the elderly, the retarded, the school children, the working poor, the urban poor — some of whom are on fixed income — the rural poor?
          Please, Prime Minister, I am a firm believer in citizens paying their taxes. I believe that the amount of property tax owed by the citizens of Portmore could fill any hole in the Budget. Please, Prime Minister, please do something about the 16.5 per cent on basic food items, it just cannot work for the very poor in the society; it is cruel, it is wicked, it is unconscionable and God is not pleased.
          Yvonne Barnett

          yvonnebarnett@stcoll.edu.jm

          Prime Minister Portia Simpson Miller



          Read more: http://www.jamaicaobserver.com/So-cr...#ixzz1wM8Vf41D

          Comment


          • #6
            .. the gov't didn't marginalise the poor ... this was what the poor wanted ... suh dem get it.
            "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)

            Comment


            • #7
              Woii! She a lick hot!
              "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

              Comment


              • #8
                Good to see you back, damn place was getting dull out.

                Comment


                • #9
                  This is a very damning video clip!

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