Posts

Showing posts with the label dr james naipao

100 DAYS RECOVERY PLAN SHOULD NOT INCLUDE INCOME TAX

Image
by DR JAMES NAIPAO , National Doctors Association President The '100 DAYS RECOVERY PLAN' announced by the O'Neill-Abel Government in the 10th Parliament must not include increases in the INCOME TAX. This is an absolute NO. Income Tax in PNG is paid by a small working population in the Public and Private Sector, respectively. The majority of the 8-10 million PNGeans do not pay the income tax. Why crucifying the minority. Any VAT/GST increases will also further burdenise the workers and eat into their purse. This too is an ABSOLUTE NO if the O'Neill-Abel Government plans on hiking it. These two economic recovery plans if the current government is planning on taking them on board should be shelved because there will be an 'all out fall out with reproaching consequences'. The continuous blame on the global down turn of the economy may be the reason but to excessively borrow with the knowledge of the global effect is unfounded. There should be a shift