By Stephen Kangal – Caroni
October 07, 2009
This ill-conceived, thief-in-the night and fiscally obscene property tax is being driven and confused by a conflicting and contradictory interplay of the contending forces of fact and fiction. In one fell swoop all proud resident home-owners of T&T have been reduced to fictitious renters paying fictitiously high rents way beyond their (f)actual salaries in order to arrive at an artificial and fictitious annual taxable value (ATV) for one’s fictitiously rented home. They have even thrown in the factual two-month compensatory renting hiatus period to arrive at the fictitious, unreal ATV.
Continue reading Proliferation of Fact and Fiction in the Property Tax Debacle