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GST does not endanger our jobs, but other tax proposals could
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From Craig Leach.
DEPUTIES Labey and Pitman’s proposals to create more GST exemptions sound great. However, the proposals fly in the face of best advice and international experience.
The additional administration required would need ten extra civil servants, the lost revenues would need to be made up by increased taxes elsewhere, and the biggest beneficiaries (after the civil servants and the lawyers) would be the biggest spenders. The proposals would put a hole in the fiscal strategy, endangering confidence in our successful economy.
Finally, for future competitive reasons it is important that we are not saddled with an expensive inefficient tax régime. Competitors such as Singapore have avoided the mistakes made by the UK that some of our politicians seem so keen to embrace.
There are more sensible and direct ways of helping people in need. Jersey needs the most efficient tax régime as well as the very best in social security support and public services. Squandering £750,000 per annum on extra civil servants is plain daft.
Our left wing has learned from the success of the superficial anti-GST petition. There are signatures and votes to be had with the ‘No to GST and Yes to Exemptions’ mantra – providing voters are not made aware of the costs and consequences of these seductive agendas. GST does not seriously endanger our jobs. Some of the alternative tax proposals suggested to replace it certainly would.
Les Fauvettes,
La Grande Mielle,
Grouville.
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