Showing posts with label STC. Show all posts
Showing posts with label STC. Show all posts

Thursday, August 04, 2016

Lepep Budget May Miss Boat, Again

Budget Doesn't Address Dominant Issue
Namely the extensive damage caused by the flat tax: 1. a massive GDP gap; 2. a serious impairment of our domestic savings; 3. making Mauritius less competitive and dynamic by keeping local pump prices at unreal levels and 4. generating the smallest increase in real disposable income for the poorest 20% of households of the last twenty-five years. Besides the flat tax was implemented on the basis of spurious claims.