Tuesday, April 23, 2013

Leader of the opposition writes Prime Minister requesting the removal of the value added tax on medication

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5 comments:

Anonymous said...

This is just Basic common sense. Before implementing VAT the study should have taken into account pre existing modules and the target demographics that the various areas of taxation would affect and how. It never needed 50 graduates with PHD's. Just Finance people with experience, common sense and true understanding of Humanity and Financial implications. Last year I voiced this along with another colleague both of us from a deep rooted banking background started off in St Lucia and developed in the UK and USA. Lets hope common sense prevails as you can't get something if there is nothing there to start with, i.e. you can't tax broke people.

April 24, 2013 at 6:10 AM
Anonymous said...

You people are just sooo gullible . . . regurgitating what other people think and say.

If you'll did a little research, you'll would have realised that there was a 15% tax on medication. That 15% tax was removed and replaced with a 15% VAT.

Now, the argument one may bring forward is that medications may be double taxed because of old stock. This I will agree with but that should be regularize itself when the old stock is exhausted. If the cost continues to remain high (with new stock) then that is not the result of VAT but the retailer who has inflated his price. King is just attempting to manipulate this topic to "big up" himself.

Now, the blogger above, I can't believe you came up with this argument all by yourself.

April 24, 2013 at 6:41 AM
Anonymous said...

Betta days were coming?

Mr. King was recently a Prime Minister and Minister for Finance and knows all too well what he is talking about.

He also still has the same advisors who currently advise the government.

So he cannot be wrong at all.

April 25, 2013 at 7:59 AM
Anonymous said...

Blogger number one is dead right. What are you taxing? When the ordinary man/woman do not have the money to tax.

When designing Public Policy the whole idea is not to make the residents of a country worst off. So did the idiots not examine and analyze and develop scenarios to ensure that those persons on the relevant income levels who would be unable to purchase essential medication; would?

Idiots, idiots, idiots posing as problem solvers.

Many are schooled but not educated.

April 25, 2013 at 8:04 AM
Anonymous said...

All the engage themselves in those holders of qualifications is to try to keep other folks down and place gag orders in many different forms.

This place just stinks.

April 25, 2013 at 8:05 AM

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