IN rolling out a series of money-making measures in the 2016/2017 National Budget, both the rich and poor were touched by yesterday’s Budget presentation.
Elite tax for high income earners
Imbert spreads economic burden around
‘A vai-que-vai Budget’
OPPOSITION Leader Kamla Persad-Bissessar hit the National Budget as “a mishmash rehash of broken promises”
Economist: TT continues to run at a deficit
THE 2016 / 2017 Budget missed the fact that if Trinidad and Tobago continues to run at a deficit, it will find itself in the position of Venezuela and Barbados.
Inflation, unemployment on the rise… energy output down
HEADLINE inflation and unemployment have both increased while energy output has fallen, according to the latest Central Bank (CBTT) statistics.
Tobago gets less…but
… the Assembly is not distressed because measures in place to enhance development on the sister isle will bring in additional revenue, THA Chief Secretary Orville London says.
Gas stations face closure
Owners: No longer economical to operate
Taxi drivers – diesel price rise, levels playing field
15 percent increase in the price of diesel but no increase in gas
WITCO slams new cigarette tax
THE West Indian Tobacco Company (WITCO) has slammed Government’s decision to implement increase cigarette taxes by 15 percent from October 20
Griffith gives thumbs up for National Security allocation
…praising the $117 million allocation to upgrade intelligence gathering but questioned whether the $7.6 billion allocated was for purchasing of needed assets or just recurrent expenditure.
Branches anxious to know their share
$7.6b for National Security…
Amcham gives ‘thumbs up’
…but the business group urges the “early and meaningful consultation” before enacting legislation that might appear as a disincentive for investment.
TT dodges FATCA bullet
compliance with the United States Foreign Account Tax Compliance Act shifted to 2017