It was reported only days ago that my comments on the Politics Show about the Isle of Mn and its VAT arrangements were to be the subject of questions in the Tynwald (Manx Parliament).
Now the order paper has been published and it would seem the focus has changed. This question is typical:
2. The Hon Member for Michael (Mr Cannan) to ask the Chief Minister —
(1) Whether he will confirm that in past years the Revenue Sharing Arrangements of the Common Purse Agreement have been weighted in favour of the Isle of Man and that the United Kingdom has now taken action to rectify or correct the situation;
(2) whether he will confirm the Revenue Sharing arrangements are now correctly apportioned and that there will be no further adjustment in calculation; and
(3) whether it had previously occurred to the Treasury Minister and Treasury officials that the present ratio of direct taxation (£160M) to indirect taxation (£399M) was suspect and whether this fact had been reported to the Council of Ministers?
This is also indicative:
8. The Hon Member for Onchan (Mr Karran) to ask the Minister for the Treasury -
(1) Who authorised the signing of the “Arrangements for the Sharing of Common Duties” by a Treasury official on 15th October 2009, recently published on the Government website;
(2) when the “Arrangements for the Sharing of Common Duties” was signed on 15th October 2009 whether the financial consequences of the agreement were fully appreciated;
(3) if the financial consequences of the “Arrangements for the Sharing of Common Duties” were fully appreciated, why Tynwald was not officially informed of the financial consequences before the agreement was signed;
(4) in view of the financial impact on the Island, if he considers that an informal briefing to some Tynwald Members on 14th October (ie one day before the document was signed) gives adequate notice to Tynwald Members of the revised arrangements;
(5) on what date the Common Purse Agreement update of 24th October 2007 was renewed/extended and whether this preceded or came after the “Arrangements for the Sharing of Common Duties” signed on 15th October 2009; and
(6) if he will supply Tynwald Members with full details of the 2009 update of the Common Purse Agreement?
There’s no mention of the BBC, me or the Politics Show.
Could it be the Members have realised that their ire should be aimed at the people whop conned them and the people of the Isle of Man all along — that is their own government who, in typical Manx fashion hid behind secrecy, non-disclosure and obfuscation to deny the glaringly obvious — that they had been subsidised all along? It certainly looks that way to me.
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Richard
The likes of Mr Karran always ask questions with the purpose of making ministers life unpleasant.
If you knew anything about the personalities involved locally, you would know why the questions were asked. Clue: it isn’t for the reasons you suggest!
Sorry, should have added this link
http://www.iomtoday.co.im/news/Isle-of-Man-has-right.5810055.jp
Richard – If your going to guess the motives of people with whom you have no connection, perhaps you should look at the bigger picture.
I have been well briefed on Mr Karran
I am well aware he runs a, shall we say, strange agenda
I was simply pointing out that whjat he says one day changes another
And he was not alone, of course, in asking questions
The bigger picture is increasingly represented by those who have been the victims of the Kaupthing debacle. The depositors’ evidence to the Tynwald Select Committee inquiring into the causes of the collapse of the bank is a prime example of the bigger picture that many in high places would prefer not to read. It’s here
Aidan Doherty, ex Managing Director of the bank & No2 in the FSC, said in the bank’s glossy blurb back in 2007 “One of the Kaupthing philosophies is to build long-term relationships with our customers” and “NO one knows what the future will bring but we can stand by you when it comes.” HE DIDN’T DO EITHER. Not only did he not do so, but he never did the honourable thing by offering an apology for his crass stupidity in agreeing to put £557million of depositors money into a failing sister bank that promptly went into receivership.
The best the directors can do is bleat that it was all the fault of the UK FSA that had a secret agenda. Hogwash! This is the sort of nonesence that is rapidly sinking the credibility of the Isle of Man as a safe place to deposit one’s life savings.
The VAT issue pales into insignificance if deposits & investment in the IoM dry up
Jim
http://ksfiom-blog.blogspot.com
Well isn’t it just a case that some of the matters debated on that show are going to be discussed.
Are you upset that your name isn’t going to be mentioned in Tynwald?