BUDGET BLUES - Sector leaders worry about import cess, rise in telephone & in-bond taxes
WHILE applauding Dr. Omar Davies for not announcing any major tax increase, sector leaders say they did not hear anything in his Budget presentation last Thursday that would inspire investor confidence in the economy.
When Ja came near to the centre of 'friendly fire'
THE ISSUE of tragic friendly fire in the Iraq war brings to mind a period in 1962 when Jamaica came near to being the target of friendly fire from Uncle Sam. It has been brought to public knowledge through the investigative skills of American...
The Rudejam 'job' interview
A BRIGHT, intelligent-sounding female voice answered the telephone. The reporter pretended to be seeking employment with the adult Web site Rudejam.com which had advertised in a local newspaper for models. "I am calling about the ad in the paper," the...
Major firearms, drugs, ammo find
A MASSIVE operation conducted by the narcotics police in the districts of Latium, Coral Gardens and Lilliput, in St. James Friday night, has resulted in the seizure of nine illegal firearms, over 300 assorted rounds of ammunition and more than...
In-bond merchants outraged - Say increase could cripple sector
WHILE MANY in the business community appear relieved following Dr. Omar Davies' budget presentation last Thursday, members of the In-bond sector are livid at the new tax hike.
No sugar-coated solution - Davies
DEBT SERVICING amortisation and interest payments will consume approximately 65 per cent of total expenditure. This leaves 35 per cent to deal with wages, salaries, running the ministries and the capital budget.
So what happened to the Moses Report?
TWO YEARS ago when Prime Minister P.J. Patterson announced that he would like to see the Standing Finance Committee (SFC) of the House of Representatives opened up to the media, there were a number of raised eyebrows.
|