Budget 2016/2017

[88sins]

signed

[viedcht]

Alyuh honestly think that petition will change anything?

[triniringo]

Property tax calculation:

monthly rental value of your property =$4000.00 x 12= $48000.00/.03=$1440.00

so $1440.00 would be your new annual property tax

[gastly369]

Alyuh honestly think that petition will change anything?

Tbh never saw them ting work ever...

But hey signed ..

[sMASH]

Wait an hear what a tax valuation says ur rental value is

[Gladiator]

Alyuh honestly think that petition will change anything?

[shake d livin wake d dead]

Ent allyuh sign petition for raising the speed limit.. Wah hinds do...not one mc...what so different about this petition ?

[sMASH]

Gauge of acceptance.

[Allergic2BunnyEars]

Mayor petition was different. He brought out the vitriol. International vitriol too. Online tax not so much. Some are angry but most are just like meh. "I'll shop less" or " I could take a 7% cuz I took it with Amazon anyway and didn't complain or stop".

[EFFECTIC DESIGNS]

Alyuh honestly think that petition will change anything?

Tbh never saw them ting work ever...

But hey signed ..

It worked for Brexit in the UK

Believe it or not these things actually do work sometimes.

[gastly369]

*edit locally

[drchaos]

Ent allyuh sign petition for raising the speed limit.. Wah hinds do...not one mc...what so different about this petition ?

Yeah close to 15K signatures and Hinds response was ... what petition?

[bluefete]

Property tax calculation:

monthly rental value of your property =$4000.00 x 12= $48000.00/.03=$1440.00

so $1440.00 would be your new annual property tax

I think this is supposed to be $48,000.00 less 10% (for the average time the property may not be rented - applies to RESIDENTIAL properties only) = $48,000.00 - $4,800.00 = $43,200.00
$43,200.00 /.03 = $1,296.00

$1,296.00 would be the annual property tax.

[zagie]

does the term property tax cover house tax also or do u have to pay that separate and if so whats the calculation

[nervewrecker]

does the term property tax cover house tax also or do u have to pay that separate and if so whats the calculation

X2

[desifemlove]

millionaire tax? express needs to stop publishing sheit..

http://www.trinidadexpress.com/20160930 ... tax-coming

name a country that doesn't tax high-earners more. as long as it's not ultra-high rates like 90%, who gives a sheit?

[dean_spleen09]

Alyuh honestly think that petition will change anything?

the speed limit petition was such a huge success.

[sMASH]

So all homes have the rentable value of $4000 Per month?

[sMASH]

From the manning era, properly tax was to be the new name of both the land and building tax combined.

If all houses going to be assessed at $4000, well no problem.

[desifemlove]

Alyuh honestly think that petition will change anything?

Tbh never saw them ting work ever...

But hey signed ..

It worked for Brexit in the UK

Believe it or not these things actually do work sometimes.

it did?

so the PM's speech was a lie and a con, lol.

[desifemlove]

what's wrong with online tax?

some taxes make sense, or have sound grounds, it ent all some scheme to scamp and/or punish.

T&T has a FOREX issue, and FOREX is lost immediately on purchase. if this tax compensates for FOREX, then fine. just have to suck it up. i run an online business, but i and most others i know in same business suck it up, there is the bigger picture to look at.

[teems1]

what's wrong with online tax?

some taxes make sense, or have sound grounds, it ent all some scheme to scamp and/or punish.

T&T has a FOREX issue, and FOREX is lost immediately on purchase. if this tax compensates for FOREX, then fine. just have to suck it up. i run an online business, but i and most others i know in same business suck it up, there is the bigger picture to look at.

T&T has a FOREX issue only when it's citizens need it.

When a large corporation backed by party financiers request and hoard FOREX it's no problem.

[Morpheus]

So where was this issue all along? All these skybox companies did not pop up in 2015.

We already pay VAT an DUTY. We not importing for free.

[desifemlove]

dunno why they only put in on air freight not sea freight, but then nothing to stop businesses from raising prices and this is not someting we need cos it's inflation. still little wrong with it in principle, and to be fair won't affect me much. i shop online a lot and seven percent isn't much imho.

[greggle71]

In for the subscription

Now catching the updates but from the responses I've seen so far is outcome of structural adjustments. More frowns than smiles and justifiably so. Given the circumstances it doesn't matter which administration, probably would be the same.

[Morpheus]

^^And that's what is funny about the "allyuh go eat grass" and "allyuh vote for that" comments.
I've said even before GE 2015, whoever wins would have to make some tough, unpopular decisions.
The only difference would have been how and from where...

The decisions affect everybody. Not just one race or one group of voters as some people seem to think or even wish....

[sMASH]

what's wrong with online tax?

some taxes make sense, or have sound grounds, it ent all some scheme to scamp and/or punish.

T&T has a FOREX issue, and FOREX is lost immediately on purchase. if this tax compensates for FOREX, then fine. just have to suck it up. i run an online business, but i and most others i know in same business suck it up, there is the bigger picture to look at.

T&T has a FOREX issue only when it's citizens need it.

When a large corporation backed by party financiers request and hoard FOREX it's no problem.

I was in hesitant support of it, until I realized this^^.
The intention is to curtail foreign purchases online, then the local big sellers, purchase the same foreign goods.

The citizen is left to pay an inflated price compared to an online purchase.

This would weaken the purchasing power of the citizen, eat into their disposable income and stagnate their local economy spending.

I can't buy bbq tonight because u had to spend more for ur goods than before. Then the bbq man suffer.


If keeping the USd is the issue, raise the exchange rate even more so that all parties would play on the level ground.

[88sins]

So where was this issue all along? All these skybox companies did not pop up in 2015.

We already pay VAT an DUTY. We not importing for free.

and is the rate we pay at too. import duty could be as high as 30%, VAT is about 18%, thats almost 50% of the cost of the item, now this pasty midget jackass sayin tack on a next 7%

[tourniquet]

^^And that's what is funny about the "allyuh go eat grass" and "allyuh vote for that" comments.
I've said even before GE 2015, whoever wins would have to make some tough, unpopular decisions.
The only difference would have been how and from where...

The decisions affect everybody. Not just one race or one group of voters as some people seem to think or even wish....

those posts can/ should be easily ignored; you should be used to seeing bs from both sides of the barn by now. I think people are generally irate that this budget just seems to be biding time in the hopes that oil rebounds and soon. Even with that being the case, what's the long term plan? What's being done to stimulate or improve consumer confidence? Most important though, did anyone notice there's a Pikachu icon in the "post icon" area when you're posting a reply?

[Redman]

^^And that's what is funny about the "allyuh go eat grass" and "allyuh vote for that" comments.
I've said even before GE 2015, whoever wins would have to make some tough, unpopular decisions.
The only difference would have been how and from where...

The decisions affect everybody. Not just one race or one group of voters as some people seem to think or even wish....

those posts can/ should be easily ignored; you should be used to seeing bs from both sides of the barn by now. I think people are generally irate that this budget just seems to be biding time in the hopes that oil rebounds and soon. Even with that being the case, what's the long term plan? What's being done to stimulate or improve consumer confidence? Most important though, did anyone notice there's a Pikachu icon in the "post icon" area when you're posting a reply?

Oil and Gas production is where we have the dots connected. Oil is there,Manpower and Equipment in hand

Regardless of where oil prices are we need 165000 BBLs per day in order to keep the refinery producing.
40% of which is required locally.

Regardless of what you believe regarding the future of oil and Alternative energy, TnT will need hydrocarbons for the foreseeable future.

And every barrel we produce here
Generates rev for the Producer,employees and spin off
the Country pays 50% of WTI generally instead of 100+% for imported oil
We save hard currency -Keep in mind that the local producer is now a net USD GENERATOR since his production cuts USD expenditure on the crude but generates USD sales on the output.

And frankly we can use these savings to stabilize and diversify....

For all the disappointment posted here about diversification and the lack of....what should we go into that
a) Doesnt require significant investment
b)Doesnt have a gestation period
c)Really can make an economic impact.


If any one here is confronted with
50% income cut
Significant Debt
and High ongoing expenses....

your focus becomes tactical and not strategic,you worry about the next days,weeks,month...not expansion of your asset base.

Time and place-we in transition regardless of who is in power....its time we behave as such