The six per cent drop in VAT from 15% was announced by the illegal and corrupt Minister for Finance Khaiyum. This, says the FIJI SUN, basically means you will be paying less for more when shopping. This is the deception!
The sly and cunning Khaiyum has reduced VAT, on the one hand, but at the same time added VAT to basic food items that were once exempt, zero-rated, goods. This means that the poor, who make up over 45% of the nation, will be paying more for basic food items because VAT now applies to the basic goods that include flour, powered milk, cooking oil, rice, kerosene and prescription medication!
Remember that in 2012 the corrupt and lying Bainimarama dictatorship cut FNPF pension payments by up to 50%. This included meager monthly pensions of $50. Now these $25 a month pension payments will have to accommodate an extra 9% VAT on all basic food items, just to survive!
The Fiji Sun claims that with this move, Government aims to create a progressive tax system, one which is fair to all as opposed to a select few. What a load of rubbish! This new tax system means that the poor will now be paying more to subsidize the rich. Yes the rich will be earning far more from the reduced VAT! This is just deceptive matter of "robbing peter to pay paul"! There is nothing fair about it.
According to Khaiyum VAT exemption was supposed to protect those who were not well-off but it was also benefiting the rich who did not pay VAT on these items either. So Khaiyum's answer is to add VAT that will affect the poor who make up 45% of the nation. The well-off can afford it and often eat out in restaurants and clubs, and make far than $250 in a single day, or hour, as compared to $25 a month pensioner!...so how exactly will it affect the well-off?.....
With a reduced VAT, claims Khaiyum, consumers would be able to save more than what used to be saved through the VAT-exempt items. Yeah Right!
Khaiyum tells the Speaker of the House that his dictatorship will not ask anything of Fijian citizens that they do not demand of ourselves. This is rubbish! Bainimarama and Khaiyum cut pensions by 50% then paid themselves multiple salaries amounting to millions! Khaiyum claims he and Bainimarama do not receive millions but stops anyone from auditing the accounts proper, to prove Khaiyum is telling the truth! This means that Khaiyum can make falsely to fool the people and the stupid!
The people who assess, collect and record taxes and duties must be unquestionably honest, says Khaiyum.
BUT he and Bainimarama are anything but unquestionably honest! They are liars, committed treason, corruption, sedition and rigged an election. So there is no chance of Bainimarama and Khaiyum ever being seen as or even considered as honest people!
Any interesting point in the Budget is the allocation of $18 million to Fiji Airways, who, if you believe the propaganda, have made such unbelievable profits over the past years that they paid bonuses to their management and staff - all of which dramatically announced in the media.
Click HERE to read more by FijiLeaks and click HERE to read more at C4.5. Source: TruthforFiji website