every where in the world the assessment value for property tax purpuses is lower than a selling price.
Suppose i bought a home 5 years ago for $250,000 , and i lived there and did not maintain it.
If someone builds a new home next to me, it might sell for $350,000 now. but the stuff is new.
If someone buys mine now, they might need a new kitchen, bathroom, and maybe 50,000 renovation. I cannot sell mine for $350,000, because there is not the "value" of the property. Why should i pay tax on $350,000.
Suppose now i get this same home and plunk 150,000 in renovations to it, including some gold faucets left over from a government school contract. I cannot sell it for $500,000 because the new one next door is selling for $350,000.
If they are going to adjust for inflation, then they should adjust for depreciation or appreciation that might have taken place since purchase.
well ortland bodie is one the few to say publicly that he is tired of paying for things that others use.
that discussion is needed becaue, in the present scheme, many pay just to fund pensioners and civil servants. private sector emplyees not eligible till age 65.
catherine kelly in the punch also asked why civil servants get so many freebies, in cluding non contributory pension plans and helath plans and higher minimum age than the private sector.
> CIBC FirstCaribbean’s regional chief > yesterday said commercial banks were > “convenient targets” for increased > taxes and scapegoating by politicians, > warning that this slowed their bottom > line recovery
Really> Dear me, I thought the working poor such as me were the target.
Its I, I who pay vat, you all just pass it on. It is I, i who will get my salary deducted for National Health, not the banks.
ohdrap4 says...
When he addresses the young doctors at the opening of the critical care block, he will say:
to hell with rich doctors
lol lol
On AUDIO: PM SAYS OF JOURNALISTS: 'TO HELL WITH THEM'
Posted 27 March 2015, 7:08 p.m. Suggest removal
ohdrap4 says...
To hell with them
On Vox populi
Posted 27 March 2015, 6:54 p.m. Suggest removal
ohdrap4 says...
Only long island?
These days all the whole nation ever gets is gru-ELL
On Long Island is ‘like nation’s step child’
Posted 27 March 2015, 2:52 p.m. Suggest removal
ohdrap4 says...
Gold Rush:
Rush into VAT
Rush into Bamsi
Rush into National health insurance
Rush Bahamar
Rush the WTO
But they dont rush:
reduction in duty rates
reduction in government spending
reduction in electricity bills
What is it that people are being prevented form exporting?
On WTO benefits: ‘Better appreciation’ needed
Posted 26 March 2015, 1:27 p.m. Suggest removal
ohdrap4 says...
every where in the world the assessment value for property tax purpuses is lower than a selling price.
Suppose i bought a home 5 years ago for $250,000 , and i lived there and did not maintain it.
If someone builds a new home next to me, it might sell for $350,000 now. but the stuff is new.
If someone buys mine now, they might need a new kitchen, bathroom, and maybe 50,000 renovation. I cannot sell mine for $350,000, because there is not the "value" of the property. Why should i pay tax on $350,000.
Suppose now i get this same home and plunk 150,000 in renovations to it, including some gold faucets left over from a government school contract. I cannot sell it for $500,000 because the new one next door is selling for $350,000.
If they are going to adjust for inflation, then they should adjust for depreciation or appreciation that might have taken place since purchase.
On Properties taxed on just 40% of value
Posted 25 March 2015, noon Suggest removal
ohdrap4 says...
Can you trust this government with anything else?
On Do not trust govt with our health
Posted 23 March 2015, 9:43 p.m. Suggest removal
ohdrap4 says...
it took almost 6 weeks to determine whether the burnt building had insurance.
Within a week or so, they have determined that all remaining contractors have insurance.
What happened? Did the facebook shutdown and cause those civil servants to do some work?
On Did PM speak too soon on BAMSI?
Posted 20 March 2015, 5:59 p.m. Suggest removal
ohdrap4 says...
They ain't abandoned.
They are drifting at sea with them "Death Boat" folks.
On Christie: CLICO policyholders have not been abandoned
Posted 19 March 2015, 10:53 p.m. Suggest removal
ohdrap4 says...
well ortland bodie is one the few to say publicly that he is tired of paying for things that others use.
that discussion is needed becaue, in the present scheme, many pay just to fund pensioners and civil servants. private sector emplyees not eligible till age 65.
catherine kelly in the punch also asked why civil servants get so many freebies, in cluding non contributory pension plans and helath plans and higher minimum age than the private sector.
On National health insurance
Posted 19 March 2015, 8:39 a.m. Suggest removal
ohdrap4 says...
> CIBC FirstCaribbean’s regional chief
> yesterday said commercial banks were
> “convenient targets” for increased
> taxes and scapegoating by politicians,
> warning that this slowed their bottom
> line recovery
Really> Dear me, I thought the working poor such as me were the target.
Its I, I who pay vat, you all just pass it on.
It is I, i who will get my salary deducted for National Health, not the banks.
On CIBC chief: Banks ‘convenient targets’ for tax, politicians
Posted 18 March 2015, 2:21 p.m. Suggest removal