Our Jamaican economy is once again under attack, after the government has just now realized that they are unable to make their tax quota for the end of the year. So the new decision made by our Prime Minister Bruce Golding is to impose new taxes on the already deprived lower and middle class people of Jamaica that are now living pay cheque to pay cheque. In one fiscal year the government has imposed taxes twice on its consumers, and now for the third time in less than one year they are now throwing another one on people. They have now put the people of this society in a very irate and questioning state.
The Jamaican government has not dealt with the economic turmoil very well. It has spent the last two years in denial of the economic recession and has sat waiting for upward changes in the U.S. economy in hopes for a change in our economy, seeing that whenever America sneezes Jamaica catches a cold, which is exactly what has happened to Jamaica and we are now developing pneumonia, because the leaders which we have are too concerned with how they live and not about saving this country from becoming an economic disgrace.
The so called advisors which the Prime Minister has are fools and cowards because they know what has to be done and yet they sit there and do nothing for not wanting to lose their comfortable positions while the poor still have to bare the burden of the ill fated decisions made by these self righteous idiots.
Jamaica is a third world country with a first world mentality and lifestyle for many. Even within the business sector there has been no true effort made in curbing the expenses whether it be through benefits, salaries or other wise. Their only first solution to making there companies survive is to layoff employees, even in the government sector it is the same thing. With the layoffs unemployment has risen to 30% in the country and is still on the rise for the Christmas and the New Year. With these layoffs how does the government expect to collect taxes for their revenue? The corporate companies try and find ways to lessen their tax pay outs if they pay any at all and the small businesses have to meet the same threshold has the corporate companies and they are unable to survive because |