Memo to the Isle of Man: try tax

Posted on

BBC News - Isle of Man government review to save money.

Many on the Isle of Man blame me for the fact they have a massive black hole in their government's budget.

I am entirely happy to accept the blame.

Now I note their prime minster, Mr Brown (not, not that Mr Brown - they have one too) has said:

Government is rising to the challenge of its revenue shortfall with a series of practical, co-ordinated and pragmatic measures.

There has to be a realisation at both political level and within the public sector that many difficult decisions will have to be made if we are to secure our extensive public services and secure employment within the public sector.

The solution is called tax.

I really recommend they try it.