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Water, Sewerage Rate up 6.4% - in line with inflation........


woolley

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Well they are helping.

 

They are using electricity, renting property, buying property, paying rates, gaming duty, a huge amount of NI and paying people very well.

 

Jes' Stinks, anyone would think you lacked understanding of the egaming contribution.

 

Two things,

 

1) Lack of corporation tax, tax PokerStars and they'll be off to Singapore.

2) The screw will close on offshore gambling companies, in fact it's already starting: http://www.ip-watch.org/2017/03/03/switzerland-next-line-gamble-net-blocking/ Switzerland serious about blocking such comapnies.

 

But they are far, far better than nothing.

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http://www.iomtoday.co.im/article.cfm?id=32354&headline=Water%20rate%20hike%20is%20no%20stealth%20tax%2C%20says%20Chief%20Minister&sectionIs=news&searchyear=2017

 

Chief Minister ...

 

’When you’ve lost a third of your net income you are going to have to make savings somewhere.

 

This again!

 

Take a thousand lines Chief Minister; "An increased charge is NOT a saving."

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Expect more 6.5% rises on things. Even Alf Cannan didn't deny it in committee.

 

Pull your pants down and get ready.

 

Actually I think Alf was as confused as everyone else about which matrix should be used to define inflation. He certainly struggled towards the end of his evidence to justify one over the other.

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Expect more 6.5% rises on things. Even Alf Cannan didn't deny it in committee.

 

Pull your pants down and get ready.

 

Actually I think Alf was as confused as everyone else about which matrix should be used to define inflation. He certainly struggled towards the end of his evidence to justify one over the other.

 

Strange how they are always confused in the way that works out most convenient to them though. On an increase in charges the confusion results in a 6.4% inflation increase. On a state pension the confusion results in a 2.5% inflation increase. Just be honest and look where the real waste is.

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It's patently dishonest to say that this 6.4% increase is in line with inflation. They know it. Everybody knows it. It creates animosity. Why do it? Why try to justify it with such a ludicrous excuse?

It almost smacks to me of bare faced desperation and greed. Again, somebody needs to query what meaningful cuts and economies MUA have implemented recently.

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It's patently dishonest to say that this 6.4% increase is in line with inflation. They know it. Everybody knows it. It creates animosity. Why do it? Why try to justify it with such a ludicrous excuse?

 

It's economic semantics as far as Treasury is concerned; all they're interested in is making sure there's enough to sustain an unsustainable MEA debt.

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It's patently dishonest to say that this 6.4% increase is in line with inflation. They know it. Everybody knows it. It creates animosity. Why do it? Why try to justify it with such a ludicrous excuse?

 

I believe the MUA said they were obliged to use RPI until 2019 by resolution of Tynwald, but no one has found authority for this yet

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