Be­ware of IMF nudge on prop­erty tax

Jamaica Gleaner - - OPINION & COMMENTARY -

THE EDI­TOR, Sir: THE IN­TER­NA­TIONAL Mone­tary Fund (IMF) is mak­ing rec­om­men­da­tions to re­cal­i­brate Ja­maica’s prop­erty tax sys­tem. I sug­gest ‘re­cal­i­brate’ is a fancy word for rais­ing prop­erty taxes.

Does any­one know if the IMF has co­or­di­nated the re­cal­i­brat­ing of prop­erty taxes in any other coun­tries? A search of Google with these key­words did not read­ily re­veal any prece­dents.

Peo­ple of Ja­maica, ex­am­ine these events clearly. Land own­er­ship is crit­i­cal to real and last­ing eco­nomic de­liv­er­ance.

I read where Mr Mat­alon has called our prop­erty tax com­pli­ance a na­tional dis­grace. I live in the United States, and re­cently pur­chased a 3.5-acre par­cel at auc­tion; the owner failed to pay his prop­erty taxes.

Now, if this is an at­tempt to gen­uinely help Ja­maicans and not a bid to take land from the peo­ple, I apol­o­gise for the tone of this let­ter. ROBERT JACK­SON jahshueth@gmail.com

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