{"id":9306,"date":"2016-01-11T11:04:00","date_gmt":"2016-01-11T15:04:00","guid":{"rendered":"http:\/\/www.trinidadandtobagonews.com\/blog\/?p=9306"},"modified":"2016-01-11T11:04:26","modified_gmt":"2016-01-11T15:04:26","slug":"prakash-warns-property-tax-can-be-a-debt-burden","status":"publish","type":"post","link":"http:\/\/www.trinidadandtobagonews.com\/blog\/?p=9306","title":{"rendered":"Prakash warns: Property tax can be a \u2018debt burden\u2019"},"content":{"rendered":"

By Richardson Dhalai
\nJanuary 11, 2016 – newsday.co.tt<\/A><\/I><\/p>\n

House<\/a>THE succesfully lobbied to \u201cAxe the Tax\u201d now Congress of the People political leader Prakash Ramadar is warning that the proposed Property Tax of the current People\u2019s National Movement administration can transform an inheritance to a \u201cdebt burden.\u201d Ramadhar was speaking at the COP\u2019s first post-national council press conference for 2016 at the party\u2019s Operations Centre in Charlieville.
\n
\nAccording to the COP leader the honeymoon period for the Keith Rowley administration was over and warned that the coming year could be a challenging one for citizens.<\/p>\n

\u201cThis year ahead of us, from all indications appear to be a very challenging one, not just to the relation in the upsurge of crime that we have seen recently but certainly the uncertainty of our economic future and the measures that have been indicated by our government to deal with some of the financial and economic shortfalls,\u201d Ramadhar said.<\/p>\n

\u201cThis property tax has the effect that you may have a property burden with such taxation that instead of leaving an inheritance for your children, you leave a debt,\u201d he said.<\/p>\n

\u201cThe honeymoon is now over and this government must take responsibility because we, all of us, paid the price on election day for all the things that you said were wrong about the past government,\u201d he said.<\/p>\n

Ramadhar added that if there was corruption during the People\u2019s Partnership\u2019s administration, then the State\u2019s institutions had a duty to investigate and prosecute those who may have been involved.<\/p>\n

\u201cThe blame game of putting things on the last administration has to stop. It has to come to an end. You are in government today.<\/p>\n

You have the cooperation of the Congress of the People to do the things that will lift this nation, but we are committed equally to say when things are wrong as we have in the past and to help find solutions as we go forward,\u201d he added.<\/p>\n

At yesterday\u2019s council meeting, the party\u2019s members discussed the return of the Property Tax and the uncertainty surrounding its implementation.<\/p>\n

The COP\u2019s general secretary, Clyde Weatherhead, pointed out several discrepancies. He noted that while government was advising citizens to pay the old Land and Building taxes while the Property Tax regime was being finalised, this could be troublesome since the old form of taxes had been abolished in 2009.<\/p>\n

\u201cThe only existing property tax or tax on property in Trinidad and Tobago is the property tax under the Property Tax Act 2009,\u201d Weatherhead said, adding, \u201cThe Land and Buildings tax was abolished by the repeal of the Land and Building tax Act.\u201d \u201cLand and Building taxes no longer exist,\u201d he said.<\/p>\n

\u201cThe Property tax was never collected in 2009. When the law was passed, there were issues about the valuation and as there has never been an agreement within the circles of government on the real basis of the valuation to be done,\u201d he said.<\/p>\n

\u201cThe property tax was never actually implemented, in 2011. It was suspended because the intention was to have it reviewed,\u201d he added.<\/p>\n

He said the COP would be going out into the communities to solicit views from citizens on the Property Tax and make the necessary proposals for amendments to the legislation.<\/p>\n

\u201cWe want to see how we can ensure that people\u2019s right to their property is protected and an awesome burden is not placed on people on top of the fact that we facing increases in prices due to reduction in gasoline subsidy, and now intention of increasing water rates, electricity rates and others. And with the removal of VAT (Value Added Tax), we may be facing increases in the prices in food as well,\u2019 Weatherhead said.<\/p>\n

Meanwhile, Ramadhar said there had not been any further negotiations between the member political parties which had comprised the People\u2019s Partnership Administration since the 2015 General Election and noted that the COP was an independent party which was seeking to grow its membership.<\/p>\n

\u201cThat arrangement for the People\u2019s Partnership for the 2010 to 2015, there have been no further negotiations after the elections.<\/p>\n

We continue to work together with all who are interested in the development of the nation but the COP stands as an independent party as it always had,\u2019 Ramadhar said.<\/p>\n

However Ramadhar noted that the COP was intent on national development and had already spoken to the Attorney General and Minister of National Security on plans to propel the nation forward. <\/p>\n

Source: www.newsday.co.tt\/politics\/0,222409.html<\/A><\/I><\/p>\n","protected":false},"excerpt":{"rendered":"

By Richardson Dhalai January 11, 2016 – newsday.co.tt THE succesfully lobbied to \u201cAxe the Tax\u201d now Congress of the People political leader Prakash Ramadar is warning that the proposed Property Tax of the current People\u2019s National Movement administration can transform an inheritance to a \u201cdebt burden.\u201d Ramadhar was speaking at the COP\u2019s first post-national council … Continue reading Prakash warns: Property tax can be a \u2018debt burden\u2019<\/span> →<\/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":[141,1,30,7],"tags":[359,1015,800,189,49],"class_list":["post-9306","post","type-post","status-publish","format-standard","hentry","category-cop","category-general-tt","category-pnm","category-politics","tag-newsday","tag-politics","tag-prakash-ramadar","tag-property-tax","tag-tt-govt"],"_links":{"self":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9306","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=9306"}],"version-history":[{"count":2,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9306\/revisions"}],"predecessor-version":[{"id":9308,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9306\/revisions\/9308"}],"wp:attachment":[{"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9306"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trinidadandtobagonews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}