{"id":6044,"date":"2010-02-11T17:36:06","date_gmt":"2010-02-11T15:36:06","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6044"},"modified":"2010-02-11T17:36:06","modified_gmt":"2010-02-11T15:36:06","slug":"jersey-gst-could-hit-12-by-2014","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/02\/11\/jersey-gst-could-hit-12-by-2014\/","title":{"rendered":"Jersey GST could hit 12% by 2014"},"content":{"rendered":"<p><a href=\"http:\/\/news.bbc.co.uk\/1\/hi\/world\/europe\/jersey\/8498691.stm\">BBC News - Jersey GST could hit 12% by 2014 if spending continues<\/a>.<\/p>\n<p>I have been commenting on the Goods and Services Tax (GST - or VAT anywhere else) in Jersey just about since it was first promoted. I even advised them on it - saying it was a bad idea.<\/p>\n<p>And now I note it is forecast to rise to 12% - by Jersey's own civil service. There has been a sweep stake on this within the Tax Justice Network for some time - simply because it was inevitable that it would happen, as I also forecast.<\/p>\n<p>It's another sign of reverse socialism and Jersey had been warned. Ordinary people in Jersey are funding a tax haven. And no one will bail Jersey out when eventually, as eventually it will, Jersey goes bankrupt, as I have again long predicted. Indeed, the forecast deficit is I now note way in excess of anything I forecast and I was told I was speaking nonsense. What fools they were not to listen.<\/p>\n<p>It's a sad tale to date. And I fear it will have a sad ending because the finance industry does not care one iota about the people of Jersey. They'll use the place until it collapses and then walk away laughing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC News &#8211; Jersey GST could hit 12% by 2014 if spending continues. I have been commenting on the Goods and Services Tax (GST &#8211;<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/02\/11\/jersey-gst-could-hit-12-by-2014\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-6044","post","type-post","status-publish","format-standard","hentry","category-jersey"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6044"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6044\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}