THE EDITOR, Sir:
The harsh realities of the impending deal between Jamaica and the International Monetary Fund (IMF) are now crystal clear.
The finance minister repeatedly says, "Using the funds from the NHT (National Housing Trust) would prevent possible tax pressures on citizens."
We are being taxed enough already, Peter Phillips. Where are the cuts in government spending? Is raising taxes the only way to secure a deal with the IMF?
Against the backdrop of a sliding Jamaican dollar, an anaemic economy, a 132 per cent property tax increase (thus an increase in rents), increased gas prices, increased bus fares, increased food prices every week at the supermarket and a crime rate that is out of control, Jamaica's future looks bleak.