Budget 2014/15 Sept 9th

[Miktay]

how about price controls on basic commodities like food? taking away VAT only worked for some places but other supermarkets just increase dey profit margin- but if u implement price controls on retail prices of lets say- rice, meats & peas/beans at least that would keep ppl grocery bill down

If price controls are enacted the only result will be shortages.

Do you really want this?

[hydroep]

On an interview carried on CNC3 tonight, Minister Howai said that there will be no increase in fuel prices, since he is not satisfied with the roll out of the CNG plan.

[RuMS]

ummmmm.........2014/2015 budget or 2013/2014 budget...... ?

[redmanjp]

On an interview carried on CNC3 tonight, Minister Howai said that there will be no increase in fuel prices, since he is not satisfied with the roll out of the CNG plan.

i glad- cause it coulda mean a few hundred dollars extra every month for gas

[pugboy]

sounds more like they fraid to lose elections

[pioneer]

property tax iymc

[nervewrecker]

Take away gate

[Ted_v2]

Hope that gas price remains firm.

[pioneer]

Stock up on blends

[nervewrecker]

Pathos not in power, population no longer getting shaft for his son vice.

We know rum will not be touched

[redmanjp]

Pathos not in power, population no longer getting shaft for his son vice.

We know rum will not be touched

u sure bout dat?

[FullStop]

On an interview carried on CNC3 tonight, Minister Howai said that there will be no increase in fuel prices, since he is not satisfied with the roll out of the CNG plan.

before the bi-election loss to ILP, the intention was to increase fuel prices. They wont dare touch in while in office again. If some magic gives them a second term however...problems.

[hydroep]

I suspect that whomsoever gets into office after the next General Elections will continue the subsidy removal. The only exception may be the ILP. As a new party, it's uncertain whether or not they'll be willing to risk alienating an expectant electorate so early in their tenure.

With regard to the Property Tax, the PP Government campaigned heavily against the PNM's reform of the system. As I recall, they were to reinstate the old system. Now we're getting reports that the "current valuations" (i.e. done under the PNM) will be used and they're looking at reintroducing the tax on "phased basis". Exactly how this will work is anybody's guess until the budget is read but I'll tell you this. If they bring back the PNM's plan, that act of insincerity will be the end of them.

[zoom rader]

property tax iymc

Not effected, if and when it's due I will just raise the rent to cover it. Plus I have sone PNM tenants I want to get rid of.

[tr1ad]

Pathos not in power, population no longer getting shaft for his son vice.

We know rum will not be touched

you all could talk sh!t daily yes.......

what does that have to do with rum

[eliteauto]

^^ so you eh know legislators taxing vice products worldwide for decades as a way to increase revenue is because of Patrick Manning's son?

[nemisis]

Take away gate

for real

[nervewrecker]

Pathos not in power, population no longer getting shaft for his son vice.

We know rum will not be touched

you all could talk sh!t daily yes.......

what does that have to do with rum

I see some people cant pick up sarcasm.

Not even going to let this go where you want it to go.

Last few budgets they have been increasing taxes on vices ie smokes, alco and gambling.

This year they gauging their squandering / pocket lining at the expense of raping consumers at the fuel pumps. Things didnt go as planned with the birth of the ILP so they have to find another means of filling the gap.

Property tax back and cater to pay more for your precious WO. As far as I concerned, tax it by a 1000%. NA, not an alcoholic.

edit:

Last few increases under the PNM rule they say (on this very same forum) Manning taking out his frustration with his son on the population, how he jinks, smokes and gambles heavily.
When tax increase under a non Patrick Manning rule I want to hear if Brian frustrating Kams too.

[Allergic2BunnyEars]

More deficit budgeting essentially. Plenty "goodies" for local government. Gate will remain. It shouldn't be removed in any case. Just modified and managed properly.

[pugboy]

may not affect you as a landlord but what about people who happen to own large properties and suddenly faced with a huge tax ?

Real Estate valuators gonna have a field day.

property tax iymc

Not effected, if and when it's due I will just raise the rent to cover it. Plus I have sone PNM tenants I want to get rid of.

[RIPEBREDFRUIT]

premium gonna tek anudder hit..................... SUPA going up too

[rocknrolla]

finance minister promised to repay deficit spending over a 4 year period. he now has 2 years to recoup the deficit spending from this, the 2nd year in a row.

we must seek to get this government out NOW. we cannot wait till elections.

they are just using deficits to pad their colleagues and contractor buddies pockets. they are raping the treasury. it is intentional and played under the guise of innocence.

[rocknrolla]

my predictions for our country after a budget that i obviously have not heard yet.

price of food is going up
price of transport and public transport is going to go up within a couple weeks from today
price of rent for many is going up, before the property tax is even enstated and then again when it is

salaries will stay the same.

p.s. - also will not be surprised if government and opposition both find money in there to give themselves thousands of dollars each per month in pay raises "fk u peasant beetches"

[redmanjp]

budget starting now

[1UZFE]

hope the personal allowance could raise to 75k or even 80k.

[eurotuner]

LIVESTREAM...
http://www.cnc3.co.tt/livestream

[redmanjp]

Trinidad Guardian
Budget highlight: All pool betting shops must now computerize their operations to allow the authorities to accurately calculate taxes. #Budget2014

[rfari]

Hadda get some wo and stash yes

[pioneer]

Raise rent price to the poverty renters...thaz all...money hadda make...bills hadda pay.

[PapaC]

How they gonna cut the fuel subsidy to Caribbean Airlines without increase in fares?