Saturday, October 27, 2012

The Value Added Tax

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3 comments:

Anonymous said...

Now that's more like it.

One word for this to sum it all up: DISCIPLINE.

Jamaicans say 'heavy manners'. Modern societies see the value and virtues of the suggested measures.

However, we can generate more sustainable revenue flows, other than by taxing consumer spending or consumption per se.

There is still a great deal of 'dead capital' (idle land) to bring into productive use.

To its credit, the SLP tried, but was met with some resistance. (A sophisticated land-use policy is a prerequisite; and that's where the SLP fell.)

The avoidance of dead capital is what distinguishes the poor nations of the world, from the more affluent ones.

SLP was on the right track here, but didn't stay there for too long, the last time around.

Kudos! A very useful article, indeed!

October 27, 2012 at 1:45 PM
Anonymous said...

From the article
"The letter J on licensed vehicles represents 10x10,000=100,000+10,000 =110,000 licensed vehicles on our roads. Assume 50 percent of these vehicles are parked on the Castries City streets for 260 days per year, at $16.00 per day $4.160.00 per year x 55,000 is $228,800,000.00 per annum Of the remaining 50 percent, .Vieux Fort will attract 15, that 16,500 x $4.160.00 = $66,640,000.00. Soufriere 10, that is 11,000 x 4160.00 =$45,760,000.00 per annum."

He is assuming that 110,000 St. Lucian will each pay $4160 a year to park their vehicles. Does anyone really believe that.

October 28, 2012 at 1:13 PM
jeff daniel said...

Governments do how kill the same they people they suppose to protect if we had good government problems like this we wouldn't have to face after all check how run they country at the it bad government decision which led the country into debt that it can't pay stupid solutions to problems which causes to add more problems these government act like stiff necked fools they care nobody else all what they do is for them self and they job is take care country and it's people OMG

October 30, 2012 at 12:16 AM

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