{"id":11081,"date":"2018-05-10T20:55:40","date_gmt":"2018-05-11T00:55:40","guid":{"rendered":"http:\/\/www.trinidadandtobagonews.com\/blog\/?p=11081"},"modified":"2018-05-10T20:55:40","modified_gmt":"2018-05-11T00:55:40","slug":"shelve-property-tax-as-energy-revenue-rises","status":"publish","type":"post","link":"http:\/\/www.trinidadandtobagonews.com\/blog\/?p=11081","title":{"rendered":"Shelve property tax as energy revenue rises"},"content":{"rendered":"<p><I>By Gail Alexander<br \/>\nMay 10, 2018 &#8211; <A HREF=\"http:\/\/www.guardian.co.tt\/news\/2018-05-09\/shelve-property-tax-energy-revenue-rises\">guardian.co.tt<\/A><\/I><\/p>\n<p><a href=\"http:\/\/www.trinidadandtobagonews.com\/blog\/?tag=raffique-shah\"><img src='http:\/\/www.trinidadandtobagonews.com\/blogimg\/Clyde-Paul-Lee.jpg' width='150' height='100' border='0' class='alignleft' alt='Opposition Chief Whip David Lee' \/><\/a>The Government should not institute the property tax since Finance Minister Colm Imbert recently said T&#038;T has \u201cturned the corner\u201d and also projected \u201cgood news\u201d in today\u2019s mid-year Budget review, says Opposition Chief Whip David Lee.<\/p>\n<p>\u201cHe has painted a more positive outlook for T&#038;T in recent weeks. Also, energy prices are better than before. If the situation is really good, Government should have no need to pursue the property tax and inflict further hardship on the public,\u201d Lee said yesterday.<br \/>\n<!--more--><br \/>\nImbert will deliver his review at 10 am today in Parliament, detailing the economic and financial outlook in the seven months since the 2018 Budget was presented last October. The $50 billion Budget carried a projected $4.76 billion deficit, with measures aimed at reducing this.<\/p>\n<p>Imbert is expected to give the status of Budget plans &#8211; including property tax implementation &#8211; revenue streams and energy projects and give possible adjustments.<\/p>\n<p>This might extend to amendments to property tax proposals. Debate on the tax continues in the Senate tomorrow with amendments from Government which &#8211; in last week\u2019s debate &#8211; noted Opposition and Independent senators\u2019 concerns on various aspects of the planned tax.<br \/>\n<I><A HREF=\"http:\/\/www.guardian.co.tt\/news\/2018-05-09\/shelve-property-tax-energy-revenue-rises\">Full Article : guardian.co.tt<\/A><\/I><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gail Alexander May 10, 2018 &#8211; guardian.co.tt The Government should not institute the property tax since Finance Minister Colm Imbert recently said T&#038;T has \u201cturned the corner\u201d and also projected \u201cgood news\u201d in today\u2019s mid-year Budget review, says Opposition Chief Whip David Lee. \u201cHe has painted a more positive outlook for T&#038;T in recent &hellip; <a href=\"http:\/\/www.trinidadandtobagonews.com\/blog\/?p=11081\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Shelve property tax as energy revenue rises<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[29,1,4,1103,566,1271,1102],"tags":[1361,834,1015,49],"class_list":["post-11081","post","type-post","status-publish","format-standard","hentry","category-finance","category-general-tt","category-letters","category-oil-and-gas","category-opposition-party","category-property-tax","category-recession","tag-david-lee","tag-guardian","tag-politics","tag-tt-govt"],"_links":{"self":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/11081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11081"}],"version-history":[{"count":1,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/11081\/revisions"}],"predecessor-version":[{"id":11082,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/11081\/revisions\/11082"}],"wp:attachment":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11081"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}