Unfortunately I am not an economist so I can only give a layman´s view on the limited information presented abut the 2008 budget in the Daily Herald. The main point of which appears to be the 1% increase in the Turnover Tax, a tax that affects everyone equally.
My opinion, if anyone cares for it, is that Roy Marlin and this Govt have yet again demonstrated their complete lack of imagination by choosing the simplest solution to the island´s problems, financial and otherwise, problems they themselves are largely responsible for. But that´s just my opinion, I am very interested to hear yours.
And if there are any economist based proffessionals out there, we would love to hear from you.
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Dilay Herald Editorial - Tighten your belts - 23rd November 2007
NAf. 26M TOT increase linchpin of 2008 budget - 23rd November 2007
Draft budget 2008 shows 25-million cost increase 23rd November 2007
Submitted by Flipper on Mon, 2007-11-26 04:57.
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