Budget day 2009 in Trinidad and Tobago

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Today Monday the 7 of September 2009 is the day of the budget, What do you expect to take place today, Will the Government put more concerns of the people in the Budget, or will they continue to spend and not do anything about the high food prices, crime rates, the health system, bad roads, etc.

Will they actually focus on the country today what we really need and not what they think we need? what are your views?
 
To be honest, I didn't really pay attention or take note that today is indeed Budget day! For some reason I don't really care what Manning had to say. Which is a very bad thing because what he says will affect me in the coming financial year... but its all about propoganda and empty promises like all the others. He's gonna continue to rape the treasury and continue in his single-minded steadfast vision of vision 20/20! I'll just buy a papers tomorrow. :eek:mg:
 
ppl jus imagin 44billion olus dollar.......n we dont even have dat money lol gr8 d country in more death dan anyting else.....

so much projects dis lady call out 2day dat wud b completed in2010.....suppose 2 b complete yrs aback.....

rum n cigarette goin up by 2morrow.....watch dis eh how fast actin dis government is d nex day of d budget dey immediately goin up......but sumting like d BREATHALYZER dat d ppl of dis country is begging 2 b implemented still wasnt talked about in dis budget

4 dis country bad spendin in high rise building we hv 2 pay extra....we done eh gettin much but dey takin d lil dat ppl hv......

nt much hv'nt been said bout important tings lik employment, food only buildings building building
 
I wasted 4 hours of my life listening to the budget, this Governmnet wants to increase everything to make us suffer more to pay for their mega projects. Wtf wrong with these people they did not even talk about crime much, pensioners, disabled people, but they increasing every thing. People i not UNC or PNM if you you people elect these people again your really foolish, can't you see how much we are suffering, This is the worst budget ever they would only taking about completing things that were suppose to be completed years ago, why are they keep comparing us to other countries hmmmm i fed up yes.
 
I think the Government need to publish a summery, reading through the entire budget just too difficult for alot of people, all we really need is a spreadsheet type budget, everything else can be clarified later.
 
So the Government screw up the economy and now they want to suck us dry with more taxes, what really wrong with these people, how can people really live now, the little money we making will go towards tax. These people just sick man sick
 
Now folks, I am yet to read through the budget in its entirety but one particular section caught my interest and is giving me pressure to swallow! The proposed new property tax. This gorvernment is making it harder to survive in these already tough economic times. The new property tax seeks to revamp the current taxation mechanism. Now, I read that your property will be assessed on a "rental" basis, and you would be tax 3% of that figure for the year. I saw this break down in the papers today: If you own a house valued at $800,000 and they assess that your house can fetch $2000 per month if rented, mutliply that figure by 12 (12 months) and you get $24,000. I highly doubt that this figure is correct.
In my opinion the breakdown will be as follows:
House value- $800,000
Approx. Monthly Rental- $2000
New Tax- (2000/100) * 3 = $60/ per month
Yearly Contribution- $60 * 12 months= $720

Now I could be wrong. The finance minister has yet to give specifics on the new tax regime. I and alot of others are waiting patiently to hear the facts surrounding this matter.
I don't yet know the effect this new taxation will have on the already burdened Real Estate market. In my opinion, it may drive property prices up. If the owner of a property has to pay higher taxes, when he/she decides to rent or even sell, he'she will increase the price in order to possibly recover money spent. On the other hand maybe the reverse will happen. Maybe owner will be forced to lower the sale price if he/she decides to sell. Buyers will be very cautious on what they purchase, in an effort to ward off exorbant yearly taxes. What I do know for sure is "rent" prices will sky rocket. Land-lords will surely raise rent charges, to cover increased taxes on thier property. I think also that it will reflect negatively on the home mortgage facilities. Buyers will have to dig deeper into thier pockets to cover intial downpayments, during the negotiation periods etc. Heaven help us yes!
 
Can you guys tell me which part of that budget is actually helping us, Please tell me because i can't see any part of it helping us. They boast on low inflation rates and food prices but the cost of food is still high, and not only that they increasing almost every think else
 
Wheyy i hear how the PM States that we are going to have a Gender Based Budget.. anyone thinks this is a good idea
 
women take advantage of programmer as URP because there's grants for single mothers and pregnant women why should we the tax payers support the women who wants hand out an who sits on the gov't wrk an gossip until 1pm, one gd thing is providing nursery care in government buildings for babies of the workers, if we want equality then we need to work as the men an stop winning an crying an move on because we women r more qualify then the men the r far behind us....
 

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