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Poverty to Prosperity

Budget Presentation

Gordon House March 19, 2015

43

He is like that, the Minister doesn‟t want to see you have any spending money in

your pocket.

As soon as we were getting a little break with the grudgingly reduced in gas prices, the

Minister has grudgefully taken away the little relief.

Not even the Prime Minister it appears can convince him to make her keep promise on the

removal of GCT on electricity.

A wise man once said: “that for a nation to try to tax itself into prosperity is like a man

standing in a bucket and trying to lift himself up by the handle”.

The Minister of Finance is standing in the tax bucket and he is pulling up the bucket by the

handles and he is showing the people, see I am lifting the bucket, I am passing the IMF

test, what he does not understand is

the that the tax bucket bottom drop out.

Mr. Speaker taxes are inevitable but Jamaica has reached its taxable limit. The bucket

bottom has dropped out. Going down the road of more taxation is an anti-growth strategy.

The Government has presented a document that doesn‟t advance the conversation on the

growth agenda.

What of the big talk about Logistics Hub. Where are we with that? It is well know we can

have a true hub without air links. Mr. Speaker we left the government with well thought out

plans for Vernamfield. Where is the government on that? Let it be known that a JLP

Government will develop Vernamfield.