What an experience it was having a conversation with a St. James businessman, Mr. Mark Kerr-Jarrett. In this period of political hot air permeating the atmosphere, it is refreshing to listen to a Jamaican business leader giving his perspective on the state of our country, Jamaica.
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Great interview Kerr Jarrets owned Montego Bay is infact encouraged squatting by holding on to lands too long so a squatter city developed backed by a vibrant Crime Industry.
ReplyDeleteAsk him next time how about hotels agreeing to pay a flat tax and what figure would he recommend.
If not shouldn't we abolish direct income taxes for all.
We kind of have a pyramid scheme type taxation in motion that is unproductively sustainable soon to collapse.
Under the Hotel Incentives Act hotels pay no taxes.
If hotels and other wealthy people and operations pay no taxes.
The ordinary Jamaican should not.