Because neither side has any real difference in economic policies, it is difficult to determine what we are really voting for when we stain our fingers for a particular party. When in opposition, the current Government seemingly opposed for opposing sake. Now that they are in power their hands are hog-tied. But maybe we can discern from the residual actions what they are likely to be branded as. Now that revenue is a problem, where do they get it from? Well it is classical wisdom that if one doesn't have the money one has to cut one's cloth accordingly. Hence the cap of five per cent because the progressive tax called property tax and reduction in gas subsidies are not options. The former, because of the platform promises made and the latter, because of its inflationary effects generally and its regressive effect on have-nots.
The property tax, in the main, would have forced those who could afford to contribute more to do so. The impact on the lower income people with lower valued or no houses would have been minimal. But this is not what the current incumbents told the nation pre-May 24, 2010, because it was strictly a case of opposing for opposing sake; do what is necessary to win the public's favour. So even though they may try as best as possible to call it by another name, ie, revised land and building taxes, the people will see through it. Where do we go from here? At some point in time the people will have to be informed of the reality of the situation. Now would be a much better time than closer to the next election. In the meantime we will have to assume that the PP is our equivalent of Britain's Conservative party, which seems to be at odds with the founding principles of the other party in the coalition, ie, it's now a party for the haves who will continue to ride the backs of the have-nots.
Rosanna Matthews
Via e-mail
